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Who we are
Massmart is an African retail group. Through our widely recognised and differentiated retail and wholesale formats, represented in 423 Retail and Wholesale stores in 13 sub-Saharan countries, we have leading market shares in the general merchandise, liquor, home improvement and wholesale food markets. The Group’s key foundations of high volume, low cost, responsible business and operational excellence enable our price leadership.
7.7%
Total group sales
R86.5 BILLION 2019: R93.7 BILLION
Durable goods
7.0%
R37.4bn (2019: R40.1bn)
Food & Liquor
8.2%
R49.1bn (2019: R53.5bn)
423
Stores (2019: 443)
1,611,497
M2 TOTAL TRADING SPACE (2019: 1,625,265)
Ownership
Walmart subsidiary*
52.8%
Coronation Asset Management
6.6%
Franklin Resources Inc
6.5%
PIC
6.1%
Other (holding <6%)
28.0%
OUR FORMATS COVER ALMOST ALL LSM GROUPS
* Walmart subsidiary: Main Street 830 Proprietary Limited
TRADING DIY, HOME IMPROVEMENT AND BUILDING MATERIALS
2.1%
R13.9bn
Sales
2019: R14.2bn
21.7%
R1,032.6m
TRADING PROFIT
2019: R848.5m^*

35.9%

GROSS PROFIT

2019: 33.7%

120 stores

in South Africa, Botswana, Kenya, Mozambique and Zambia

DEC 2019: 118
TRADING GENERAL MERCHANDISE, FOOD AND LIQUOR
15.5%
R16.7bn
Sales
2019: R19.8bn
36.2%
(R532.5m)
TRADING LOSS
2019: (R391.0m)^*

27.4%

GROSS PROFIT

2019: 25.1%

149 stores

in South Africa, Botswana, Ghana, Kenya, Lesotho, Malawi, Mozambique, Namibia, Nigeria, Tanzania, Uganda, Zambia

DEC 2019: 173
FOOD RETAILER
13.5%
R8.3bn
Sales
2019: R9.6bn
17.2%
(R363.5m)
TRADING LOSS
2019: (R310.2m)^*

19.1%

GROSS PROFIT

2019: 17.2%

63 stores

in South Africa

DEC 2019: 61
TRADING GENERAL MERCHANDISE, FOOD AND LIQUOR
7.3%
R27.2bn
Sales
2019: R29.4bn
16.8%
R864.1m
TRADING LOSS
2019: R1,039.1m^*

18.2%

GROSS PROFIT

2019: 17.8%

22 stores

in South Africa, including Massfresh, housing the Group’s fresh produce, fresh meat and bakery operations, including The Fruitspot

DEC 2019: 22
TRADING FOOD (WHOLESALE) AND BUYING ASSOCIATION
1.8%
R20.4bn
Sales
2019: R20.7bn
328.7%
R172m
TRADING PROFIT/(LOSS)
2019: (R75.2m)^*

11.7%

GROSS PROFIT

69 stores

69 stores

in South Africa, Botswana, Lesotho, Mozambique, Namibia, Swaziland and Zambia; and Shield, a voluntary buying association

DEC 2019: 69
* Restated according to the new operating structure of the Group as required by IFRS 8.
^ Business unit trading profit/(loss) includes Corporate allocations.