The Steinhoff subsidiary says stores have now mostly reopened as lockdowns ease
Pan-European discount retail store Pepco, a subsidiary of Steinhoff International, says most of its stores are operating again after being closed by the Covid-19 lockdown, though consumer activity remains muted.
Profit before tax for the five months to end-February rose 21.8%, but fell 16% for the half-year to end-March, reflecting the effect of the pandemic on its stores.
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