Massmart - Investor Profile - Financial Results

Highlights

Record sales achieved of R34,8 billion, of which 98,7% were cash sales and 6,0% from foreign stores.
Comparable store sales growth of 12,5%
Profit before tax grew 25,7% to R1,6 billion
Pre-and post-interest operating profit margins increased to 4,8% and 4,7% respectively
Headline earnings grew by 30,6%, exceeding R1 billion for the first time
Return on equity increased from 46,4% to 51,8%
The store network was increased to 238 and 994 277 m², a net space increase of 3,7% over the prior year

Highlights

Record sales achieved of R34,8 billion, of which 98,7% were cash sales and 6,0% from foreign stores. Comparable store sales growth of 12,5%.
Profit before tax grew 25,7% to R1,6 billion.
Pre- and post-interest operating profit margins increased to 4,8% and 4,7% respectively.
Headline earnings grew by 30,6%, exceeding R1 billion for the first time.
Return on equity increased from 46,4% to 51,8%
The store network was increased to 994 277 m 2, a net increase of 3,7% over the prior year.

	Published Snapshot June 2007 (68Kb - pdf)
	Published Results June 2007 (222Kb - pdf)

Highlights

Record sales of R18,0 billion, of which 98,7% were cash sales and 5,0% from foreign stores.
Comparable stores sales growth of 11,9%.
Profit before tax grew 34,4% to R1,01 billion. For the first time half-year profits exceeded R1 billion, equal to those for the full year to June 2005.
Pre- and post-interest operating profit margins increased to 5,6% and 5,6% respectively.
Cash flow from operations rose 8,4% to R1,8 billion, only R50 million less than the full year to June 2006.
Rolling twelve-month return on equity increased from 43,5% to 46,7%.
The store network was increased to 235 (1 026 320 square meters) with the opening of 11 new stores with estimated annual sales of over R1 billion.

	Interim Snapshot to 25 December 2006 (53Kb - pdf)
	Interim Results to 25 December 2006 (85Kb - pdf)

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