MSM - Massmart - Sales Update For The 26 Weeks To 28 December 2008
MSM
MSM
MSM - Massmart - Sales Update For The 26 Weeks To 28 December 2008
Massmart Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration Number: 1940/014066/05)
Share code: MSM
ISIN: ZAE000029534
("Massmart" or "the Company")
Sales update for the 26 weeks to 28 December 2008
For the 26 weeks to 28 December 2008 Massmart Group`s total sales increased
13.2% over the prior period to R22.8 billion, with 12-month rolling inflation
estimated at 9.9%. Comparable-store sales increased 11.9%.
Total sales growth for each Division for the 26-week period was as follows:
- Massdiscounters increased 12.9% with inflation of 1.8%;
- Masswarehouse increased 14.8% with inflation of 11.9%;
- Massbuild increased 1.4% with inflation of 10.6%; and
- Masscash increased 17.3% with inflation of 15.9%.
Massmart`s reviewed interim results for the six months ended December 2008 will
be published on 26 February 2009.
The above information has not been reviewed or reported on by the Company`s
auditors.
Johannesburg
8 January 2009
Sponsor:
Deutsche Securities (SA) (Proprietary) Limited
Date: 08/01/2009 15:55:25 Produced by the JSE SENS Department.
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