Steinhoff gets welcome quarterly revenue boost
Embattled retailer reports strong growth at its Pepco Group and Greenlit Brands as €10bn debt repayment looms
24 February 2023 - 13:35
Steinhoff reported an 13.6% increase in quarterly revenue in a welcome boon for the embattled retailer as it grapples with paying debts.
The company, valued at R1.28bn on the JSE, said year-on-year revenue in the three months to end-December rose €3.2bn (about R62.2bn), boosted by strong growth at its Pepco Group and Greenlit Brands...
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