MSM - Massmart Holdings Limited - Sales update for the 44 weeks to 1 May 2011
MSM
MSM
MSM - Massmart Holdings Limited - Sales update for the 44 weeks to 1 May 2011
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 1 May 2011
Today Massmart is hosting an analysts` store visit in the greater Johannesburg
region and is providing the following brief sales update:
For the 44 weeks to 1 May 2011, Massmart`s total sales increased to R44.9
billion, a growth of 12.7% over the prior period, and comparable store sales
grew 6.2%. Deflation for the period is estimated at 1.8%.
Total and comparable sales growths for each Division for the 44-week period were
as follows:
Total Comparable Inflation
Massdiscounters 10.8% 5.2% -7.4%
Masswarehouse 11.5% 8.0% -0.8%
Massbuild 16.9% 9.9% 0.5%
Masscash 13.3% 4.3% 0.9%
In line with past practice, during the week of 4 July 2011 Massmart will release
a sales update for the financial year to June 2011.
The above information has not been reviewed or reported on by the Company`s
external auditors.
Johannesburg
10 May 2011
Sponsor:
Deutsche Securities (SA) (Proprietary) Limited
Date: 10/05/2011 08:00:04 Produced by the JSE SENS Department.
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