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Pepco rises after 'solid' trading update, guidance hike

By Reuters News08:50 (UTC), 29 September 2026 Updated

** Pepco PCOP.WA shares rise around 2.5%, paring gains after rising 5%, as the European discount retailer reported growing fourth-quarter results and lifted its guidance

** Pepco posts quarterly like-for-like revenue growth excluding fast-moving consumer goods of 9.5%, adding sees full-year revenue exceeding €4.5 billion ($5.1 billion)

** "The company reported a solid trading update for 4Q26, with a significant acceleration in LfL growth across all segments," Erste analyst Piotr Bogusz says

** He adds growth should help Pepco exceed the upper end of full-year revenue guidance for a 6-8% growth

** Company also announces new share buyback programme of €400 million

** Pepco shares outperform Poland's blue-chip index WIG20 .WIG20

($1 = 0.8812 euros)

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