A word from our CEO, Guy Hayward
Massmart’s total sales for the 52 weeks of R90.9 billion represent an increase of 2.9%, with comparable store sales increasing by 1.2% and product deflation of 0.2%. These figures suggest comparable sales volume growth of 1.4% which approximates South African economic growth in 2018.
2017 at a glance
A creditable 5.0% growth in total expenses
Delivering toour strategy
Massmart is a managed portfolio of four divisions, operating in 436 stores