• <a fr-original-style="" href="https://www.reuters.com/business/retail-consumer/pepco-group-annual-profit-jumps-143-store-expansion-2022-12-13/" rel="noopener noreferrer" style="color: rgb(9, 9, 9); text-decoration: none; background-color: transparent; outline: none; cursor: pointer; transition: color 0.3s ease 0s; touch-action: manipulation; user-select: auto; box-sizing: border-box;" target="_blank">Pepco Group</a> —the owner of European discount retailers PEPCO, Poundland and Dealz— reported a 14.3% rise in annual core earnings on Tuesday, helped by the opening of 516 new stores, and forecast more growth in its new financial year. "We are driven by maintaining and improving our price leadership position through which we can grow our market share," Pepco said.<ul fr-original-style="padding-inline-start: 20px;" style="padding-inline-start: 20px; margin-top: 0px; margin-bottom: 1em; list-style-position: inside; box-sizing: border-box;"><li fr-original-style="" style="box-sizing: border-box;">By the numbers: The group, which listed on the Warsaw stock market last year, said it made core earnings of €731 million in the year to Sept. 30, up from €647 million in the same period a year ago. Revenue rose 17.4% to €4.82 billion, with like-for-like sales up 5.2%.</li></ul>

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