Here is the share price performance of the companies I track continuously. I focus on the period from 01.12.2024 - 15.01.2025

• 3i Group $III (-0,66%) -0,64%
• TJX Companies $TJX (-0,21%) -5,61%
• Dollar Tree $DLTR (-1,16%) -3,39%
• Dollar General $DG (+0,23%) -11,85%
• Five Below $FIVE (-4,02%) -4,68%
• Dollarama $DOL (+3,74%) -8,75%
• Pepco Group $PCO (-0,52%) -4,43%

My portfolio currently contains shares in 3iGroup.

Action published its latest figures in November, which underline its strong growth in Europe. Action has achieved achieved net sales of 10.733 billion eurosaccompanied by an operating EBITDA of 1.532 billion euros - an impressive increase of 26 %. increase of 26 % compared to the previous year. What particularly impresses me is the like-for-like growth of 10.1%, driven entirely by volume increases. In a rising cost of living environment, Action shows how effective a strategy that passes on discounts directly to customers can be. Despite industry-wide price increases, Action remains a model of efficiency. In the first nine reporting periods of the year, 189 new stores were opened and 350 new stores were planned for the full year 2024. I assume that this target has been achieved. I find the rapid expansion in Italy, Portugal, Slovakia and Spain particularly exciting.

Basically, it can be said that US stocks (e.g. Dollar Tree and Dollar General) recorded high losses in 2024. Among other things, this was due to a lack of efficiency, but also to the threat of Trump's punitive tariffs on goods from China. Therefore, another exciting candidate for me is Dollarama, as they operate exclusively in Canada and Latin America.

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Another large European non-food discounter is the Pepco Group ($PCO (-0,52%)), which owns the Poundland, Pepco and Dealz brands.

Dealz is mainly active in Poland, Ireland and Spain. Poundland is active in the UK and Ireland. Pepco is the largest chain with over 3000 stores in 17 European countries.

72% of the Pepco Group is owned by the South African Ibex Topco B.V.. The Pepco Group itself is also listed and can be traded on the Warsaw Stock Exchange. In 2023, the Pepco Group generated €5.6 billion in revenue and €753 million in profit before tax.

The chain that many people are probably also familiar with is the Flying Tiger Group. Until recently, the group was owned by the private equity company EQT ($EQT (+0,24%) ). However, they have sold all their shares to the Danish investor Treville, which is not listed on the stock exchange.

Click here for part 1: https://getqu.in/AWbuxi/