Poundland owner Pepco said it had faced a challenging macro environment (Victoria Jones/PA)
(Picture: PA Archive)Poundland owner Pepco has singled out the UK as particularly hit by the cost-of-living crisis that has “impacted customers’ disposable income” as they “scale back even on essential purchases in the short term”.
The group said it had been “supported by a positive Easter performance” and that its trading had now returned to “pre-Covid levels” on the release of its interim results today and that for the half year ending 31 March revenue had climbed an impressive 18.9% from €2 billion (£1.7 billion) to €2.37 billion. Like for like sales climbed 5.3%.
