MSM - Massmart Holdings Limited - Sales Update for the 26 weeks to
MSM
MSM
MSM - Massmart Holdings Limited - Sales Update for the 26 weeks to
December 2011
Massmart Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration Number: 1940/014066/06)
Share code: MSM
ISIN: ZAE0000152617
("Massmart" or "the Company")
Sales Update for the 26 weeks to December 2011
The Group`s total sales for the 26 weeks to December 2011 increased to
R31.6 billion, representing growth of 15.2% over the prior 26-week
period, with year-to-date inflation estimated at 1.1%. Comparable store
sales increased by 9.2%.
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 11.5% (4.6% comparable) with deflation
of 5.0%;
* Masswarehouse grew by 18.4% (11.6%) with inflation of 2.3%;
* Massbuild grew by 12.8% (8.7%) with inflation of 0.5%; and
* Masscash grew by 16.5% (10.9%) with inflation of 5.2%.
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 2011 will be released on 22 February 2012.
Johannesburg
11 January 2012
Sponsor: Deutsche Securities (SA) (Proprietary) Ltd
Date: 11/01/2012 13:28:01 Produced by the JSE SENS Department.
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