MSM - Massmart Holdings Limited - Sales update for the 44 weeks to 29 April
MSM
MSM
MSM - Massmart Holdings Limited - Sales update for the 44 weeks to 29 April
2012
Massmart Holdings Limited
(Incorporated in the Republic of South Africa) (Registration Number:
1940/014066/06)
Share code: MSM
ISIN: ZAE000152617 ("Massmart" or "the Company")
Sales update for the 44 weeks to 29 April 2012
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 29 April 2012, Massmart`s total sales were R51.7
billion, a growth of 14.7% over the prior period, and comparable store sales
grew 8.9%. Inflation for the period is estimated at 1.4%.
Total and comparable sales growths for each Division for the 44-week period
were as follows:
Total Comparable Inflation
Massdiscounters 10.6% 3.8% -3.8%
Masswarehouse 19.3% 11.2% 1.8%
Massbuild 11.9% 8.2% 1.0%
Masscash 15.6% 11.0% 6.0%
In line with past practice, during the week of 2 July 2012 Massmart will
release a sales update for the financial year to June 2012.
The above information has not been reviewed or reported on by the Company`s
external auditors.
Johannesburg
08 May 2012
Sponsor: Deutsche Securities (SA) (Proprietary) Ltd
Date: 08/05/2012 07:05:02 Produced by the JSE SENS Department.
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