Dealz-Poundland discount owner sees mitigating price inflation as profits soar 46%

Pepco now plans to drive its launch plans in Germany and step up its expansion in Italy, Spain, and Austria

Dealz operates around 100 stores in the Republic and has 30 Poundlands in the North.

Profits at the owner of Dealz and Poundland discount in Ireland and Pepco across the rest of the continent have soared 46% and said it's confident that it can offset the recent spike in commodity costs.                  

Pepco Group — whose shares are traded in Warsaw to reflect its major presence in Poland where it has over 1,000 stores — posted earnings of €647m for the 12 months to the end of September as revenues rose over 19% to €4.1bn.