Saving our customers money so they can live better
Results for the 52 weeks
ended 27 December 2020
A word from our CEO, Mitch Slape
Our turnaround plan is working and we have achieved solid forward momentum. The strongest evidence of this can be seen by comparing performance in the second half of 2020 to the second half of 2019. Specifically, trading profit before interest and tax up 82%, margin up 4%, net expenses down 2% and free cash flow up 6%.
In review
2020 at a glance
Comprises two Business Units operating 423 retail and wholesale stores, in 13 sub-Saharan countries.
Operating environment and Covid-19 impact