Pepco made its debut on the Warsaw Stock Exchange. The share price at the opening increased by 5 percent – to PLN 42.
–
The Pepco Group share price in the pre-debut subscription was set at PLN 40 per share. The estimated capitalization of the company is PLN 23 billion (EUR 5 billion). As part of the public offering, almost 92.5 million shares were offered and sold by the existing shareholders. The company did not issue any new shares.
–
WATCH TVN24 ON THE INTERNET ON TVN24 GO >>>
–
The largest retail chains
The owner of Pepco Holdco Limited is the South African company Steinhoff International Holdings. Pepco Group owns and manages a pan-European multi-format discount chain of multi-branch stores under the Pepco, Dealz and Poundland brands, including 3,246 stores in 16 countries (as of March 31, 2021).
–
According to tax data from 2019, the largest trading company in Poland in terms of revenues is Jeronimo Martins, the owner of Biedronka – according to data provided by the Ministry of Finance. JM’s revenues in 2019 amounted to PLN 55.7 billion. The podium was completed by Lidl (PLN 18.5 billion) and Eurocash (including brands such as Groszek or abc) with revenues of PLN 16.2 billion.
–
Auchan was in fourth place of the largest trading companies. In this case, the revenues for the previous year amounted to almost PLN 11.5 billion.
–
The following places in the ranking were taken by: Tesco with a revenue of around PLN 10.6 billion, Kaufland – PLN 9.7 billion, Carrefour – PLN 9.6 billion, Rossmann – PLN 8.8 billion, Żabka – PLN 8.6 billion, Dino – about PLN 7.9 billion and Euro Net (owner of the RTV Euro AGD network) – PLN 7.5 billion.
–
The data for 2020 has not yet been released by the Ministry of Finance.
–
photo-source">Main photo source: press materials
—
