Massmart is a managed portfolio of four divisions, each focused on high-volume, low-margin, low-cost distribution of mainly branded consumer goods for cash, in 12 countries in sub-Saharan Africa, comprising 392 stores.

The Group is the second largest distributor  of consumer goods in Africa, the leading retailer of general merchandise, liquor and home improvement equipment and supplies, and the leading wholesaler of basic foods.

 

The 2013 financial year was a 53-week period but, for the sake of meaningful comparison, all 2013 financial information included here is shown for the pro-forma 52-week period unless indicated otherwise.

Sales
R78,173.2 m
Up by 10.4%
2013: R70,790.7 m
Operating profit before forex and interest
R2,015.9 m
Up by 4.3%
2013: R1,933.7 m
EBITDA* before forex
R2,887.1 m
Up by 6.7%
2013: R2,706.4 m
Headline earnings before forex
R1,141.4 m
Down by 3.5%
2013: R1,182.7 m
Headline earnings after forex
R1,105.5 m
Down by 10.2%
2013: R1,231.5 m
Dividend per share
421 cents
Unchanged
2013: 421 cents