MSM - Massmart Holdings Limited - Sales Update for the 26 weeks to December 2010
MSM
MSM
MSM - Massmart Holdings Limited - Sales Update for the 26 weeks to December 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 26 weeks to December 2010
The Group`s total sales for the 26 weeks to December 2010 increased to R27.5
billion, representing growth of 13.3% over the prior 26-week period, with year-
to-date deflation estimated at 2.9%. Comparable store sales increased by 7.3%.
Total (and comparable) sales growths for each Division for the 26-week period,
and the financial year-to-date inflation rates, were as follows:
* Massdiscounters grew by 14.4% (9.0% comparable) with deflation
of 8.2%;
* Masswarehouse grew by 10.7% (7.8%) with deflation of 1.2%;
* Massbuild grew by 18.6% (11.8%) with inflation of 0.3%; and
* Masscash grew by 12.4% (4.2%) with deflation of 1.3%.
The above information has not been reviewed or reported on by the Company`s
auditors.
Massmart`s reviewed interim financial results for the 26 weeks to December 2010
will be released on 24 February 2011.
Johannesburg
12 January 2011
Sponsor: Deutsche Securities (SA) (Proprietary) Ltd
Date: 12/01/2011 11:05:03 Produced by the JSE SENS Department.
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