Published by Global Banking & Finance Review®
Posted on March 26, 2026
2 min readLast updated: March 26, 2026
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Pepco Group reaffirmed its full‑year 2025 targets, citing 3.7% constant‑currency and 3.1% like‑for‑like revenue growth in the first 25 weeks, despite geopolitical and consumer uncertainty. It remains confident its December guidance — including high single‑digit revenue and EBITDA growth — stays on t
March 26 (Reuters) - European discount retailer Pepco Group said on Thursday it remained confident in delivering full-year results in line with the guidance set out last December, despite the uncertain consumer and geopolitical backdrop.
In the 25 weeks to March 22, covering almost the first six months of the fiscal year, the group's total revenue grew 3.7% on a constant currency basis, while like-for-like revenue rose 3.1%.
Revenue in Pepco's namesake brand, which makes up the core of the business, was up 4.8% on a constant currency basis. Like-for-like growth was 4.2%.
The Pepco brand's trading performance has accelerated over the recent weeks, following a strong customer response to the launch of its spring/summer and Easter collections, the company said in the pre-close statement for the first half of the year.
"In June, we will enter North Macedonia, further strengthening our presence in Central and Eastern Europe and taking Pepco to 19 countries overall," CEO Stephan Borchert said in the statement.
"Strong performance and operational execution in Iberia and Italy is driving consistent, profitable store growth, giving us increasing confidence in the potential future growth opportunity for this region," he added.
At the end of February, Pepco operated 4,046 stores. The group expects to add around 250 stores to its network during the fiscal year, all focused on the Pepco brand.
(Reporting by Adrianna Ebert in Gdansk; Editing by Milla Nissi-Prussak)
Pepco Group has reaffirmed its full-year results guidance set out in December, despite ongoing uncertainty.
For the 25 weeks to March 22, Pepco Group's total revenue grew by 3.7% on a constant currency basis.
Pepco Group reported a like-for-like revenue increase of 3.1% over the same period.
The results were reported by Adrianna Ebert in Gdansk and edited by Milla Nissi-Prussak.
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