Our focus on simplifying the business has positioned us well to pivot towards accelerated growth in 2022.
I’m pleased to advise our stakeholders that despite the significant impact on our business of unexpected external events, our business has proved to be resilient. We have made significant progress with the execution of our Board-approved Turnaround plan, which we believe will reposition the business for sustainable growth and profitability.
Our focus on simplifying the business, which included divesting the business of non-core assets to drive sustainable profitable growth, achieving an excellent performance from Builders and Makro, making good progress with the turnaround of the Game business, investing in our e-commerce offering and improving our e-commerce service levels, positioned us well to pivot towards accelerated growth in 2022.
Massmart will continue to focus on repositioning the business for sustainable growth to drive solid financial performance, and thereby contributing to the South African economy.