Pepco sales rise as growth strategy progresses


Pepco has reported an increase in sales and revenue as trading remained strong due to its “strong progress against strategic objectives”.

Sales grew 11.1% across the group, with Pepco sales rising 15.8% and Poundland rising 4.9% on a like-for-like basis in the six months to March 31.

Revenue increased 22.8% to €2.8bn (£2.4bn) and gross profit rose 20.1% to €1.3bn (£1.1bn). Underlying EBITDA increased 11% to €377m (£325m).

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