skip to main content

Dealz owner Pepco sees annual profit at upper end of expectations

Dealz owner Pepco said revenue for the year to September came to €4.1 billion, with like-for-like sales up 6.5%.
Dealz owner Pepco said revenue for the year to September came to €4.1 billion, with like-for-like sales up 6.5%.

Pepco Group, the owner of Dealz here, has today forecast full-year core profit at the upper end of market expectations after revenue rose 19.4%.

The group, which listed on the Warsaw stock market in May with a €5 billion valuation, also owns the PEPCO and Poundland brands.

It said year-to-September revenue was €4.1 billion, with like-for-like sales up 6.5%.

Pepco forecast full-year underlying earnings in a range of €640-655m, representing a 45% growth at the mid-point on the Covid-hit previous year.