Pepco
This coverage focuses on Pepco’s operations, strategy, and market presence within the UK and European retail landscape. Reporting highlights store expansion plans, pricing strategies, supply chain developments, leadership updates, and financial performance. Aimed at professionals monitoring value retail formats and analysing competitive dynamics across discount and general merchandise sectors.
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Jun- 2022 -9 JuneSupermarkets
Pepco Groups posts strong H1 as profits surge 28%
Pepco Group has hailed a strong first half of the year after its underlying profit before tax surged 28.5% to €144m (£123m). The performance comes after it also saw its revenues increase 18.9% to €2.37bn (£1.9bn) during the six month period ending 31 March. On a like-for-like basis sales also…
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Apr- 2022 -21 AprilNews
Pepco Group H1 revenues surge 17.5%
Poundland owner Pepco Group has reported first half revenues of €2.3bn (£1.9bn), up 17.5% from the previous year, and has also vowed to protect prices for consumers in the face of the rising cost of living. According to its second trading quarter and first half ending 31 March 2021, the…
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Jan- 2022 -5 JanuaryHigh Street
Pepco Group CEO steps down due to health reasons
Poundland owner Pepco Group has announced that CEO Andy Bond will step down at the end of March due to health reasons. As a result, the board has appointed Trevor Masters, currently group COO and MD of Pepco, to the role of interim CEO from 31 March 2022. He will…
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Dec- 2021 -14 DecemberHigh Street
New store openings boost Poundland sales
Poundland owner the Pepco Group has announced that earnings soared by 46% to €647m (£552m) in the full-year ended 30 September 2021, as the group reaped the benefits of new store openings over the period. In its latest full-year results, the budget retailer announced that group revenue was also up,…
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Oct- 2021 -11 OctoberHigh Street
Poundland owner names new chief operating officer
Pepco Group, the owner of budget retailer Poundland, has announced the appointment of Trevor Masters as the group’s chief operating officer (COO), effective from 1 January 2022. Masters will be based in Poland and retain his current leadership responsibilities as managing director (MD) as well as providing “strategic direction and…
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Jul- 2021 -26 JulyHigh Street
Pepco to create 13,000 European jobs
Pepco Group, the owner of discount retailers Poundland and Dealz, has revealed plans to add 13,000 staff members across its European operations over the next three years. Andy Bond, chief executive at the group, told Reuters that the majority of jobs would come on the continent as Pepco looks to…
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16 JulyHigh Street
Poundland owner welcomes ‘resilient’ trade in Q3
Pepco, the owner of Poundland, has welcomed a period of “resilient trading” in its third quarter, with the group revealing a like-for-like sales increase of 37.3% and 21.1% respectively for both its Pepco and Poundland brands. Total group revenue also increased 30.3% over the same period, rising to €1.043m (£8.9m). …
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Jun- 2021 -24 JuneNews
Poundland owner revenues up 9% in H1
Pepco Group, the owner of Poundland, has welcomed a “positive trading performance” in its H1 results, reporting total revenue growth of 9%. Its trading stores saw a like-for-like growth of 5%, which was consistent with the past three years’ performance pre-pandemic. Group like-for-like sales fell by 2.1%, however, reflecting the…
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May- 2021 -26 MaySupermarkets
Poundland owner debuts on Warsaw Stock Exchange
Poundland owner the Pepco Group has made its debut on the Warsaw Stock Exchange with an implied initial market capitalisation of PLN 23bn (£4.4bn). The group, which also owns the Pepco and Dealz brands, shares are identified by the ticker symbol PCO. Including the over-allotment option, it revealed approximately 92…
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5 MayHigh Street
Pepco valued at £5bn ahead of Warsaw listing
Pepco Group, the owner of brands such as Poundland, Pep&Co and the Dealz brands, has been valued at between €4.8bn (£4.1bn) and €5.8bn (£5bn) ahead of its listing on the Warsaw stock exchange. In a publication of its prospectus for the offering, Pepco revealed the listing will consist of up…
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