Financial Results 2004
Annual Report 2004
Highlights
- Sales approached R24 billion
- Comparable stores and comparable members grew 10.7%
- Record pre and post interest operating profit margins of 3.90% and 3.87% achieved
- Full year cash flow from operations exceeded R1 billion for the first time
- Rolling twelve-month return on equity increased from 31.2% to 36.1%
- Organic sales growth of 43% increased the proportion of organic growth since 1988 to 29%
- Stores increased to 157 with the acquisition and opening of 17 new units with estimated annualised sales of R1.5 billion
- Foreign operations contributed 6.2% of sales
- Significant increase in the free float as a result of the sale by Dutch mutinational SHV of its 31% shareholding
Annual Report 2004 - Print Options (pdf)
|
Published Results to 27 June 2004
Highlights
- Sales increase 17% to R23 788 million
- Trading profit increases 24% to R929 million
- Headline earnings increase 32% to R634 million
- Headline earnings before acquisitions increase 22% to R579 million
- Headline EPS increases 32% to 318,8 cents
- Cash flow from operations increases 62% to R1 271 million
- Distribution to shareholders increases 64% to 159 cents per share
| Published Snapshot to 27 June 2004 (211Kb - pdf) | |
| Published Results to 27 June 2004 (489Kb - pdf) |
Interim Results to 31 December 2003
Highlights
- Sales increase 16% to R12 255 million
- Trading profit increases 30% to R561 million
- Headline earnings increase 27% to R366 million
- Headline earnings before acquisitions increase 20% to R337 million
- Headline EPS increases 26% to 183,5 cents
- Cash flow from operations increases 92% to R1 078 million
- Distribution to shareholders increases 27% to 61 cents per share
| Interim Snapshot to 31 December 2003 (137Kb - pdf) | |
| Interim Results to 31 December 2003 (504Kb - pdf) |




Financial
results