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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