Steinhoff reported that its revenue from continuing operations for the three-month period to 31 December 2019 increased 7% to 3.45 billion euros from 3.21 billion euros, previous year. Pepco Group revenues rose 15% to 1.14 billion euros. Pepkor Africa revenue increased 7% to 1.285 billion euros.
Steinhoff previously announced it is realistic and encouraged by the progress and outlook. The company said it still faces a number of tough challenges and this guidance has not changed.
Steinhoff stated that the ongoing implementation of the Remediation Plan will remain an area of focus throughout fiscal 2020.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.