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Pepco shares fell by 16% after profit outlook cut

17:58

Pepco shares fell by 16% after profit outlook cut
Source: Pixabay

Shares in retailer Pepco Group fell by 16% after the discounter lowered its profit outlook for the second time in less than three weeks, citing an increasingly challenging trading environment in Central and Eastern Europe.

Pepco also reported lower-than-expected…

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