Picture of Pepco logo

PCO — Pepco News Story

0.000.00%
pl flag iconLast trade - 00:00
Consumer CyclicalsAdventurousLarge CapHigh Flyer

Brief: Pepco Expects FY25 Revenues To Exceed EUR 4.5 Billion

Sept 25 (Reuters) - Pepco Group NV PCOP.WA:

ANNOUNCES PRE-CLOSE TRADING UPDATE FOR FY25

REVENUES EXPECTED TO EXCEED €4.5 BILLION

UNDERLYING EBITDA (IFRS 16) Y-O-Y GROWTH TOWARDS THE TOP-END OF THE HIGH SINGLE DIGIT RANGE

STRONG FY25 UNDERLYING NET EARNINGS DELIVERY EXPECTED; WITH 9M FY25 UNDERLYING NET EARNINGS OF €196M  ALREADY AT THE FULL YEAR FY24 LEVEL

CONTINUE TO SEE ENCOURAGING MOMENTUM IN PEPCO LFL REVENUES, WITH 51-WEEK PERFORMANCE UP +2.7%, LED BY A STRONG FOURTH QUARTER-TO-DATE WHERE LFL REVENUES GREW +3.9%

POLAND – ROBUST PERFORMANCE DELIVERING POSITIVE LFL GROWTH OF +2.6% IN H2 FY25 TO DATE

FULL YEAR RESULTS FOR THE GROUP (EXCLUDING POUNDLAND) IN LINE WITH PRIOR GUIDANCE

WESTERN EUROPE – LFL REVENUE GROWTH OF +3.2% IN H2 FY25 TO DATE; EXCLUDING FMCG, LFL UP +15.6%

EXPECTS TO OPEN 84 NET NEW STORES DURING THE FOURTH QUARTER, PLANS TO FINISH THE YEAR WITH 248 NET NEW STORES OVERALL, IN LINE WITH PRIOR GUIDANCE

IT WILL COMMENCE A SECOND €50M TRANCHE OF THE SHARE BUYBACK PROGRAMME IN OCTOBER  2025

ALL PEPCO PLUS STORES IN IBERIA NOW CONVERTED TO STANDARD STORE FORMAT

Source text: ID:nEM9dqfbPa

Further company coverage: PCOP.WA

 (Reporting by Gdańsk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

Recent news on Pepco

See all news