Integrated Annual Report
for the year ended December 2020
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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)
2020 year in review
02
PURPOSE-DRIVEN GOVERNANCE
03
PERFORMANCE AGAINST STRATEGY/ STRATEGIC REVIEW
04
DELIVERING ON OUR PURPOSE IN 2020
05
ACCOUNTABILITY AND SHAREHOLDER INFORMATION