| Mon 14 Jan 2013, 11:00 | | SHOPRITE HOLDINGS LIMITED - Operating update |
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SHP 201301140008A
Operating update
SHOPRITE HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration no. 1936/007721/06
ISIN: ZAE000012084
JSE share code: SHP
NSX share code: SRH
LuSE share code: SHOPRITE
(“Shoprite Holdings” and “the Group”)
OPERATING UPDATE
For the six months ending December 2012 the Group grew turnover by about 13,8%
to R46,7 billion. Growth on a like-for-like basis was 6,9%.
The South African supermarket operation increased sales by 11,5% and by 6,2% on
a like-for-like basis. For the month of December 2012 sales were 10,8% higher than
for the corresponding period. Internal food inflation was on average 4,3% compared
to the estimated official figure of 5,9%.
The rand remained weaker against most non-RSA currencies resulting in the
Group’s non-RSA supermarkets achieving a sales growth of 28,2% and, on a like-
for-like basis, of 13,4%. At constant currencies a rand turnover growth of 23,5% was
achieved.
The furniture industry remained more negatively impacted by the present economic
conditions and the Group’s furniture division grew sales by 4,8% for the six months
to December 2012. This growth came mainly from the lower LSM groups.
The above financial information has not been reviewed or reported on by Shoprite
Holding’s auditors. The financial results for the review period will be published on or
about Tuesday, 19 February 2013.
Whitey Basson Carel Goosen
Chief executive Deputy managing director
Tel 021 980 4000
Date issued 14 January 2013
Sponsor Nedbank Capital
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