Pepco revenue rises in Q1 on strong growth for main budget brand
15/01/2026 06:08
GDANSK, Poland, Jan 15 (Reuters) - European discount retailer Pepco Group PCOP.WA reported a 4.3% rise in first-quarter revenue to 1.4 billion euros ($1.6 billion) on Thursday, as solid growth at its core budget brand offset a weaker performance at its Dealz chain. Like-for-like revenue for the Pepco brand rose by 3.3%, while the smaller Dealz chain, which the group is planning to sell, saw a 7.7% decline in the three months to the end of December. ($1 = 0.8595 euros) (Reporting by Marta Maciag, editing by Milla Nissi-Prussak) ((Marta.Maciag@thomsonreuters.com;))
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