Brief: Pepco Group H1 Underlying EBITDA Of €516 Mln

Pepco NV

21/05/2026 06:05

May 21 (Reuters) - Pepco Group NV PCOP.WA:

H1 UNDERLYING EBITDA OF €516M

H1 GROUP REVENUE OF €2.5 BILLION, UP +5.0%

H1 UNDERLYING PROFIT AFTER TAX OF €198M

GROUP LIKE-FOR-LIKE (LFL) SALES EXCLUDING FMCG OF +3.6%, GROSS MARGIN OF 49.7% (+250BPS Y-O-Y)

INCREASING CONFIDENCE IN WE STORE ECONOMICS DRIVES EXPANSION ROLLOUT PLANS OF AT LEAST 600 NEW STORES NOW EXPECTED TO OPEN IN EXISTING WE MARKETS

NEW STORES IN WE MARKETS EXPECTED TO OPEN BETWEEN FY 27-FY30

IN THE THIRD QUARTER-TO-DATE (6 WEEKS TO 16 MAY 2026), PEPCO SAW LIKE-FOR-LIKE SALES INCREASE BY +1.5% EXCLUDING  FMCG

FULL YEAR FY26 GUIDANCE RECONFIRMED

RETURN OF EXCESS LEVERED FREE CASH FROM PRIOR YEAR ANNUALLY STARTING FY 27, DIVIDEND PAYOUT RISING TO 40% OVER TIME

IN FY26 THE GROUP INTENDS TO RETURN TO SHAREHOLDERS UP TO €400M OF CAPITAL VIA AN ADDITIONAL SPECIAL ONE TIME PRO-RATA TENDER BUYBACK

Source text: ID:nEM62QnQJa

Further company coverage: PCOP.WA

 (Reporting by Gdansk Newsroom)

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