Profile of Poundland/Dealz

British fixed-price discount retailer, Poundland — which trades here as Dealz — issues its third-quarter trading update on Wednesday.

It will be the company’s first update regarding trading since it posted a strong first-half showing back in late November, and will detail its performance over the Christmas trading period.

In its interim results, for the six months to the end of September, the company reported a 15% year-on-year rise in total sales to £528.2m and a 34.2% rise in underlying pre-tax profits to £12.6m, while underlying earnings per share were up by over 40% on a annualised basis.