Reviewed consolidated results for the
52 weeks ended 27 June 2010
52 weeks ended 27 June 2010
| Sales +10,0% to R47,451 million |
Operating profit before foreign exchange movements +0,1% to R2,031 million |
Cash generated from operations +7,2% to R2,639 million |
Headline EPS -9,2% to 567 cents |
Dividend per share 386 cents unchanged |
Prospects
For the eight weeks to 22 August 2010, total sales increased by 15.0% and comparable sales increased by 9.2%, continuing the trends experienced for most of the second half of the 2010 financial year, specifically with strong General Merchandise and Home Improvement trading performances.
Strategic Vision 2013
Our Strategic Agenda has been reviewed and updated, focusing on Leadership and Transformation, Growth of the Core Business through investment in Supply Chain, Private Label and Financial Services, Organic Growth, New Formats and Categories, and Sustainability.