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Our clear strategy, operational priorities and diversified business model have enabled us to navigate the economic hurdles we faced in 2016
Total sales
R91,250.0 million
2015: R84,731.8 million
Operating profit before interest
R2,483.4 million
2015: R2,150.4 million
Headline Earnings
R1,293.3 million
2015: R1,118.8 million
Our CEO’s letter to our stakeholders
Strong growth in a tough environment
‘Most Massmart Divisions performed exceptionally well in the tough South African consumer environment...’
2016 has been a year of global political uncertainty and resulting currency fluctuations have had an impact on the retail environment
We remain focused on our four strategic priorities
Saving our customers money so they can live better
Directing the Group towards achieving Massmart’s vision and mission