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1. www.cityam.com › poundlands-profit-slashed-despitePoundland's sales rise by £200m but profit slashed - City A.M.

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   May 13, 2024 · Jon Robinson. Poundland is owned by Pepco. Poundland’s profit was slashed by almost £33m during its latest financial year despite its sales rising by nearly £200m, it has been revealed. The ...

2. tr.im › finance › poundlands-profit-plummets-33mPoundland's Profit Plummets £33m Despite £200m Sales Surge

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   May 13, 2024 · Poundland's pre-tax profit drops £33m to £680,000 despite £200m sales increase. Cost of living crisis and inflationary pressures blamed for profit slump. Poundland's sales grow 12% to £1.771 billion, driven by value proposition and store expansion. Pepco Group, Poundland's parent, reports 17.1% revenue surge to €5.6 billion.

3. www.retailgazette.co.uk › blog › 2023Pepco reshuffles top team after profit warning as Poundland ...

   www.retailgazette.co.uk › blog › 2023

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   Sep 28, 2023 · 28th September 2023. Pepco has reshuffled its management team, placing Poundland boss Barry Williams at the helm, as it issued its second profit warning in three weeks. Following the underwhelming ...

4. www.retailgazette.co.uk › blog › 2023Poundland owner posts ‘disappointing’ profits - Retail Gazette

   www.retailgazette.co.uk › blog › 2023

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   Dec 12, 2023 · Discount Retail. Poundland owner Pepco Group has posted a record full year revenue of £4.8bn in the year to 30 September despite mounting profit problems. The sum marks a 17.7% increase on a ...

5. www.thegrocer.co.uk › poundland › over-a-third-ofOver a third of Poundland’s sales are not at £1, accounts show

   www.thegrocer.co.uk › poundland › over-a-third-of

   Jul 8, 2022 · More than a third of Poundland’s sales are at prices other than £1, up from 26% in 12 months. The “milestone” in Poundland’s transition to multiple price points has been revealed in newly filed accounts at Companies House for the year to 26 September 2021. Operating profit rose to £54.1m, compared with a £1.2m loss the year before.

   • Author: Steve Farrell

6. www.thegrocer.co.uk › poundland › poundland-salesPoundland sales and profits tumble after lockdowns hit ...

   www.thegrocer.co.uk › poundland › poundland-sales

   Sep 7, 2021 · Turnover for the year to 27 September 2020 was down 4.5% to £1.48bn, while operating profit plummeted from £26.7m to £8.6m. At the bottom line, the variety discounter made a net £15.8m loss compared to £14.3m profit the year before. “As an essential retailer we continued to serve our communities during these [lockdown] restrictions ...

7. People also ask

   Did Poundland make a profit slashed by £33m?

   • Poundland’s profit was slashed by almost £33m during its latest financial year despite its sales rising by nearly £200m, it has been revealed. The Walsall-headquartered discount brand, which is owned by Pepco, made a pre-tax profit of £680,000 for the year to October 1, 2023, according to newly-filed accounts with Companies House.

   Poundland’s profit slashed despite sales rising by £200m

   www.cityam.com/poundlands-profit-slashed-despite-sales-rising-by-200m/

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   Why did Poundland's sales and profits fall?

   • Poundland ’s sales and profits tumbled as shoppers stayed away from the high street in the pandemic, latest annual accounts have revealed. Turnover for the year to 27 September 2020 was down 4.5% to £1.48bn, while operating profit plummeted from £26.7m to £8.6m.

   Poundland sales and profits tumble after lockdowns hit footfall

   www.thegrocer.co.uk/poundland/poundland-sales-and-profits-tumble-after-lockdowns-hit-footfall/659565.article

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   Who owns Poundland?

   • Poundland is owned by Pepco. Poundland’s profit was slashed by almost £33m during its latest financial year despite its sales rising by nearly £200m, it has been revealed.

   Poundland’s profit slashed despite sales rising by £200m

   www.cityam.com/poundlands-profit-slashed-despite-sales-rising-by-200m/

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   Why did Poundland local increase its profit?

   • The profit increase came on the back of a shift away from being a single-price retailer as half-year revenues rose 4.4 per cent year-on-year to €1.99 billion (£1.7 billion). READ MORE: Does Poundland Local pose a threat to convenience stores?

   Poundland owner posts 47% surge in half-year profits

   www.retailgazette.co.uk/blog/2021/06/poundland-owner-posts-47-surge-in-half-year-profits/

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8. www.retailgazette.co.uk › blog › 2021Poundland owner posts 47% surge in half-year profits

   www.retailgazette.co.uk › blog › 2021

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   Jun 24, 2021 · For the interim period ending March 31, Pepco – which also operates the Dealz and Pepco fascias in mainland Europe – said underlying pre-tax profits surged 47.2 per cent year-on-year to €112 ...