Pepco Sees H1 Revenue Gains

Pepco Group, which owns Pepco and Dealz in the EU and Poundland in the UK, reported that revenue for H1 ended March 31 rose 9.7%, while profits fell 16.3 percent.

Pepco currently operates 2,844 stores.

  • Pepco Group’s profit fell 16.3% in the first half as the pandemic forced stores to close.
  • The group reported revenue rose 9.7% in the first half of the financial year.
  • Pepco is the enviable position of having positive cash resources worth more than £361.50 million as of June 13.

NEWSWIRE

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