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Saving our customers money so they can live better
Integrated Annual Report for
the year ended of December 2020
Our strategy
To become the healthiest and strongest retailer in Africa with the best long-term prospects
7.7%
Sales
R86.5 billion
2019: R93.7 billion
5.5%
Trading profit before interest and taxation
R1,172.7 million
2019: R1,111.2 million
35.3%
Loss for the period
(R1.8 billion)
2019: (R1.3 billion)
19.7%
Headline loss*
(R0.9 billion)
2019: (R1.2 billion)
49.6%
HEADLINE LOSS BEFORE REORGANISATION, RESTRUCTURE AND FOREIGN EXCHANGE COSTS(TAXED)*
(R0.5 billion)
2019: (R1.0 billion)