Poundland pledges continued growth as turnover spikes
4th July 2012
BLACK COUNTRY-based discount retailer Poundland is to continue its growth strategy after unveiling results which show a 21.6% increase in annual turnover.The Willenhall company saw turnover for the latest financial year rise to £780m, with underlying EBITDA reaching £40.1m, an increase of 26.5%.The company, majority owned by private equity firm Warburg Pincus, said the trading figures demonstrated another successful year for the Poundland business as it continued its expansion across the UK and Republic of Ireland. The ......for the full story register now for free or login below...
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