Pepco Group Reports Record €1.1B Q3 Revenue, Launches €50M Share Buyback

Pepco Group reported record third-quarter revenue of €1.1 billion, marking a 7.7% year-on-year increase at constant currency, driven by strong performances from both Pepco and Dealz brands with like-for-like sales growth of 2.6%. Pepco's brand showed its third consecutive quarter of growth, with like-for-like revenue up 2.4%, aided by improved availability, sharper price focus on best-selling items, and enhanced product ranges, while Dealz saw a 5.8% increase in like-for-like sales. The group completed the sale of Poundland in June 2025 to Gordon Brothers, shifting its strategic focus away from fast-moving consumer goods and towards higher-margin clothing and general merchandise in Central and Eastern Europe. This divestment has simplified the group's structure and allowed Pepco to capitalize on growth opportunities. Additionally, Pepco Group announced a share buyback program of up to €50 million, aiming to reduce capital and fulfill equity incentive obligations, reflecting confidence in the group's future prospects. CEO Stephan Borchert emphasized that the quarter's results demonstrate continued strategic execution and consistent performance improvements across the 'New Pepco Group.'