Pepco Group To Move Away From FMCG, Considers Potential Poundland Sale

Reuters
2025/03/06
March 6 (Reuters) - Pepco Group NV ::
*TO FOCUS ON THE PEPCO BRAND
*BOARD IS ACTIVELY EVALUATING ALL STRATEGIC OPTIONS TO SEPARATE POUNDLAND FROM GROUP DURING FY25, INCLUDING POTENTIAL SALE
*SAYS BOARD HAS AUTHORISED SHARE BUYBACK CAPABILITY OF UP TO €200M FO USE DURING FY25-FY27
*SAYS GROUP CEO STEPHAN BORCHERT WILL ASSUME RESPONSIBILITY FOR RUNNING PEPCO
*ANNOUNCES STRATEGIC MOVE AWAY FROM FMCG, WITH CONSIDERATION ALSO GIVEN TO SEPARATION OF DEALZ POLAND OVER MEDIUM TERM
*SAYS IT WILL CEASE THE PEPCO 'PLUS' FORMAT IN IBERIA
*SAYS IT IS ALSO ANNOUNCING STRATEGIC REVIEW OF THE PEPCO GERMANY BUSINESS
*SAYS GROUP LIKE-FOR-LIKE SALES ARE UP BY 1.5% IN 8 WEEKS TO 2 MARCH 2025
*EXPECTS PEPCO BUSINESS TO SEE FY25 UNDERLYING EBITDA (IFRS 16) YEAR-ON-YEAR GROWTH IN HIGH SINGLE DIGITS
*SAYS IT NOW EXPECTS POUNDLAND TO DELIVER FY25 UNDERLYING EBITDA (IFRS 16) OF BETWEEN €50M TO €70M DURING CURRENT FY
*Further company coverage: PCOP.WA
* (Gdansk Newsroom)
* ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

((Reuters Investor Briefs; email: reutersinvestor.briefs@thomsonreuters.com))
Source Date/Time = 06-MAR-202505:55:00.063 GMT

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10