Pepco Group posts record Q3 revenue, launches buyback of up to 50 mln euros
10/07/2025 06:07
GDANSK, July 10 (Reuters) - European discount retailer Pepco Group PCOP.WA reported record-high third-quarter revenue and announced it would launch a share buyback programme of up to 50 million euros ($58.68 million), saying its current share price undervalues its future prospects. The Warsaw-listed company said its revenue rose 7.7% year-on-year at constant currency to 1.1 billion euros in the quarter that ended on June 30, with like-for-like sales growing 2.6% driven by growth in both the Pepco and Dealz brands. ($1 = 0.8522 euros) (Reporting by Marta Maciag and Julia Kotowska; editing by Milla Nissi-Prussak) ((Marta.Maciag@thomsonreuters.com))
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