Pepco lifts profit growth forecast above 60%, launches €400 million buyback

Verifying
  • Pepco raised its profit forecast and announced a new share buyback programme.
  • €400 million is earmarked for the buyback, while revenue is expected to exceed €4.5 billion.
  • Pepco’s financial year ends Thursday after a 9.5% fourth-quarter like-for-like revenue increase.
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