Pepco Group wants to focus on CEE and accelerate transformation into an integrated company
Pepco Group's key priorities include a renewed focus on customers in its core CEE business, implementing a more targeted growth plan in the markets where the Group has a presence, and accelerating its transformation into a single, integrated company, Pepco Group executive chair Andy Bond said.
"At the upcoming Capital Market Days (CMD), I will outline my key priorities, which include a renewed focus on customers in our core business in Central and Eastern Europe, implementing a more targeted growth plan in the markets where we have a presence, and accelerating the transformation of the Group into a single, integrated company. In this way, we intend to improve profitability and cash generation capacity in our well-established operations and ensure more sustainable growth. With a market-leading customer offering, a strong balance sheet and healthy capital flow, the Group is well positioned for future success, across Europe," Bond said.
The Group is organizing a Capital Markets Day (CMD) in Warsaw on October 17-18, 2023, to be hosted by Andy Bond (CEO), Neil Galloway (CFO) and other key senior executives. The event will also include visits to Pepco and Dealz stores in the afternoon of October 17 and a management presentation in the morning of October 18, which will be dedicated to presenting selected elements of the strategy. The CMD is an event aimed at analysts and investors, requiring advance invitation.
The Pepco Group was established in 2015 and consists of the Pepco, Dealz and Poundland retail chains. The Pepco Group currently has about 4,300 stores in 21 countries, employing approx. 43,000 people. The company debuted on the Warsaw Stock Exchange in 2021; it is part of the WIG20 index.
Source: Pepco Group and ISBnews
