SHP 201401170015A
Operational 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
(“The Group”)
Operational update
For the six months ending December 2013, the Shoprite Group grew turnover by
9.6% to about R51.0 billion. Growth in turnover on a like-for-like basis was 4.3%.
The South African supermarket operation increased sales by 7.6%. Internal food
inflation averaged just 3.8% compared to the estimated official food inflation figure of
5.6%.
Christmas trading for the month of December was impacted by the closure of all
RSA stores on 15 December 2013 as a mark of respect following the passing of
former President Nelson Mandela. These stores were closed on the day of the
funeral. It is estimated that should these stores have traded on the day, sales of
some R260 million would have been generated, impacting turnover growth for the
period by 0.7%
The Group’s non-RSA supermarkets achieved a sales growth of 27.5% and 14.9% in
constant currencies.
The Group’s furniture division managed to grow sales by 10.5% for the six months to
December 2013.
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
Tuesday, 25 February 2014.
Whitey Basson Carel Goosen
Chief executive Deputy managing director
Tel 021 980 4000
Date issued 17 January 2014
Sponsor Nedbank Capital
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