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Poundland, Dealz Operator Sees Store Growth Up 11.9% In First Half

Published on May 29 2019 9:39 AM in Retail tagged: Trending Posts / Poundland / Dealz / Pep&Co / Paywall / Pepkor Europe

Poundland, Dealz Operator Sees Store Growth Up 11.9% In First Half

Pepkor Europe, which operates the Poundland discount banner in the UK and Dealz in Europe, has posted sales of €1.7 billion in the first half of its financial year, an increase of 14.2% on the same period last year.

Store growth for the half-year was up 11.9%.

Growth was largely driven by the expansion of the group's PEPCO banner in Central Europe, which saw revenue growth of 32.2% in the period to €805 million, despite Polish Sunday trading restrictions.

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