SHP 201601120040A
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 to December 2015 the Shoprite Group increased turnover by 8.8%
from R57.5 billion to about R62.5 billion. Growth on a like-for-like basis was 2.8%.
After an improved second quarter driven by good festive season trading, the South
African supermarket operation increased sales by 7.2%. Internal inflation averaged
just 2.7% for the period.
The Group’s non-RSA supermarkets recorded sales growth of 15.2% notwithstanding
the impact of lower commodity prices and the devaluation of certain currencies. Taken
at constant currencies, sales grew by 23.5%.
The Group’s furniture division grew sales by 13.7% for the period, with the OK
Furniture brand the best performer.
The Other Operating Segments achieved growth of 9.3%
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, 23 February 2016.
Whitey Basson Carel Goosen
Chief executive Deputy managing director
Tel 021 980 4000
Date issued: 12 January 2016
Sponsor: Nedbank Corporate and Investment Banking
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