TRU - Truworths International Limited - Trading Statement
TRU
TRU
TRU - Truworths International Limited - Trading Statement
Truworths International Limited
(Incorporated in the Republic of South Africa)
(Registration number 1944/017491/06)
JSE Code: TRU
NSX Code: TRW
ISIN: ZAE000028296
TRADING STATEMENT
Shareholders are advised that Truworths International Limited ("the Group")
anticipates that both basic and headline earnings per share for the 52 week
trading period to 27 June 2010 ("the period") will be between 10% and 13%
higher than those reported for the 52 week period to 28 June 2009 ("the prior
period").
Group retail sales for the period were R 7.1 billion, 10.5% higher than the
prior period, with credit sales contributing 70% (2009: 69%). Comparable
(same store) retail sales increased by 4%, product inflation measured
approximately 4% and trading space increased by 6% relative to the prior
period.
Gross trade receivables increased to R2.8 billion, 11% higher than at the
prior period end. The debtors` book continues to improve in accordance with
management`s expectations.
Shareholders are advised that the financial information contained in this
statement has neither been reviewed nor reported on by the external auditors,
and that the Group`s audited results for the period are scheduled to be
announced on Thursday, 19 August 2010.
Cape Town
Friday, 16 July 2010
South African Sponsor:
Barnard Jacobs Mellet Corporate Finance (Pty) Ltd
Namibian Sponsor:
Old Mutual Investment Services (Namibia) (Pty) Limited
Date: 16/07/2010 09:04:01 Produced by the JSE SENS Department.
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