MASSMART HOLDINGS LIMITED - Sales Update for the 46 weeks to 10 November 2013
MSM 201311140001A
Sales Update for the 46 weeks to 10 November 2013
Massmart Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration Number: 1940/014066/06)
Share code: MSM
ISIN: ZAE000152617
("Massmart" or "the Company" or “Massmart Group”)
Sales Update for the 46 weeks to 10 November 2013
Today Massmart is hosting an analysts` store visit in the greater
Johannesburg region and is providing the following brief sales update:
For the 46 weeks to 10 November 2013, Massmart’s total sales increased to
R59.7 billion, representing growth of 8.3% over the prior comparable 46-week
period, and comparable store sales increased by 4.3%. Product inflation for
the period is estimated at 2.9%.
Total (and comparable) sales growths for each Division for the 46-week
period, and the product inflation rates, were as follows:
* Massdiscounters increased by 7.9% (2.5% comparable) with inflation of 0.5%;
* Masswarehouse increased by 14.0% (4.8% comparable) with inflation of 2.3%;
* Massbuild increased by 9.9% (8.5% comparable) with inflation of 4.1%; and
* Masscash increased by 4.1% (3.5% comparable) with inflation of 4.5%.
The above information has not been reviewed and reported on by the Company`s
external auditors.
Johannesburg
14 November 2013
Sponsor: Deutsche Securities (SA) Proprietary Ltd
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