Pepco opens first stores in North Macedonia
The discount retailer expands to its 19th European market with two stores in Skopje.
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European discount variety retailer
pepco.euLast updated
In short: Pepco Group sold its Dealz Poland chain for a symbolic 1 zloty, reported strong financial growth, and expanded into the North Macedonian market.
The discount retailer expands to its 19th European market with two stores in Skopje.
The deal completes Pepco's exit from FMCG retail, creating a pure-play clothing and general merchandise business. Pepco retains 35% of any future sale proceeds.
Revenue up 5% to €2.5bn, underlying EBITDA +17.5% to €516m, and enhanced capital returns framework announced.
The fourth tranche bought €52.9m worth of shares, completing the full allocation originally set for FY25-FY27.
This article first appeared on GuruFocus. Release Date: May 21, 2026 For the complete transcript of the earnings call, please refer to the full earnings...
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