News Formal

Pepkor’s fintech business flies

  • 📰 Moneyweb
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 77%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Group continues store roll-out.

Pepkor – SA’s biggest listed clothing retailer and a major player in the general merchandise, furniture and electronics trade – is seeing strong growth in its fintech business, on the back of its more than 5800-strong store footprint.

It conceded that this has impacted its interim profits; while it also exited the building materials trade during the period, following the sale of The Building Company. “Strong revenue growth of 9.5% was achieved, driven by robust trading in ‘traditional retail’ which strengthened further into the second quarter. The Easter trading period was successful on a comparable basis, with double-digit sales growth achieved by Pep, Ackermans and Specialty , and high single-digit sales growth in JD Group.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 5. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

SOLA Group Appoints Three New Managing Directors as Company Growth Accelerates Today SOLA Group announced that Dr Dom Wills has opted to step down as CEO of SOLA Group effective March 2024. Dom has been in this role since 2018 when the group consolidated the engineering and construction company SOLA Future Energy and project development company Aurora Power Solutions under the SOLA Group brand.
Källa: SATodayNews - 🏆 44. / 51 Läs mer »