MSM - Massmart Holdings Limited - Sales update for the 44 weeks to 2 May
MSM
MSM
MSM - Massmart Holdings Limited - Sales update for the 44 weeks to 2 May
2010
Massmart Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration Number: 1940/014066/06)
Share code: MSM
ISIN: ZAE000029534
("Massmart" or "the Company")
Sales update for the 44 weeks to 2 May 2010
Today Massmart is hosting an analysts` store visit in the greater Durban
region and is providing the following brief sales update:
For the 44 weeks to 2 May 2010, Massmart`s total sales increased to R39.9
billion, a growth of 8.6% over the prior period, and comparable store sales
grew 1.4%. Inflation for the period is estimated at 0.8%.
Total and comparable sales growths for each Division for the 44-week period
were as follows:
Total Comparable Inflation
Massdiscounters 6.3% 1.1% -1.4%
Masswarehouse 2.3% 2.3% 3.9%
Massbuild 12.1% 2.2% 2.0%
Masscash 13.6% 0.7% -0.5%
In line with past practice, during the week of 5 July 2010 Massmart will
release a sales update for the financial year to June 2010.
The above information has not been reviewed or reported on by the Company`s
external auditors.
Johannesburg
11 May 2010
Sponsor:
Deutsche Securities (SA) (Proprietary) Limited
Date: 11/05/2010 07:05:48 Produced by the JSE SENS Department.
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