Pepco group sales rise but like-for-likes stutter as it unveils new CEO
Pepco has delivered something of a mixed bag as group sales jumped but like-for-like sales lapped tough comparatives as it unveiled a new group chief executive.
Reporting for the second financial quarter ending March 31, 2024, Pepco said group revenues were up in the quarter by 11.7% to €1.3bn (£1.11bn) and 11.1% across the half to €3.2bn (£2.74bn).
However, as the group came up against “a tough comparative period” on H1 2023, like-for-like sales across its brands were down.
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