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May 05, 2015 11:41 PM ET

Multiline Retail

Company Overview of Poundland Group plc

Company Overview

Poundland Group plc operates as a single price value general merchandise retailer under the Poundland and Dealz brands in Europe. The company’s stores offer a range of products in various categories comprising household, grocery, impulse, and health and beauty products. As of April 29, 2015, it operated approximately 590 stores. The company was founded in 1990 and is headquartered in Willenhall, the United Kingdom.

Wellmans Road

Willenhall,  WV13 2QT

United Kingdom

Founded in 1990

13,973 Employees

Key Executives for Poundland Group plc

Chief Executive Officer and Director
Age: 58
Total Annual Compensation: $400.0K
Chief Financial Officer and Director
Age: 48
Total Annual Compensation: $233.0K
Trading & Marketing Director and Executive Director
Age: 50
Total Annual Compensation: $320.0K
Compensation as of Fiscal Year 2014.

Poundland Group plc Key Developments

Poundland Creates Jobs with New Store in Flint

Poundland announced that it has created 25 jobs after investing in a new store in Flint. The company has joined the Flintshire Retail Park which is also home to Argos, Aldi and B&M. It is the first Poundland to open in Flintshire.

Poundland Group plc Announces Sales Results for the Fourth Quarter and Year Ended March 29, 2015; Provides Earnings Guidance for Fiscal Year 2015

Poundland Group plc announced sales results for the fourth quarter and year ended March 29, 2015. During the fourth quarter, total revenue, excluding Spain, increased by 7.1% on a constant currency basis against 13.9% a year ago. On an actual currency basis, total revenue, excluding Spain, increased by 6.5% against 14.4% a year ago to £255.0 million against £239.5 million a year ago. For the full year, sales were £1,111.5 million against £997.8 million a year ago. Total revenue, excluding Spain, increased by 11.8% on a constant currency basis against 12.7% a year ago. On an actual currency basis, total revenue, excluding Spain, increased by 11.4% against 13.3% a year ago. The company announced that underlying pretax profits expected to be in line with market expectations for fiscal year 2015. Market expectations for underlying pretax profit for fiscal year 2015 range between £42.0 million and £44.6 million.

Poundland Group plc to Report Q4, 2015 Sales/Trading Statement Results on Apr 14, 2015

Poundland Group plc announced that they will report Q4, 2015 sales/trading statement results on Apr 14, 2015

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
February 6, 2015
99p Stores Limited
 

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