Truworths International Limited - Trading Statemen
Truworths International Limited - Trading statement for the 53 weeks to 30
June 2002
Truworths International Limited
TRADING STATEMENT FOR THE 53 WEEKS TO 30 JUNE 2002
Truworths International Limited ("Truworths") increased sales of merchandise
in the 53 weeks to 30 June 2002 by 24,3% to R1 983 million from R1 595
million in 2001.
Sales for a comparable 52-week period showed an improvement of 21,7% over
2001. The like-for-like sales growth for 52 weeks, compared to 2001, was
12,8%.
Continued success in reading the fashion market accurately and further gains
in market share underpinned the positive trend in sales since the interim
results announcement in February. At that time sales growth of 17,6% to
R967,9 million was announced.
For the 27 weeks to June 2002, sales grew by 31,5% compared to the 26 weeks
to June 2001. Growth of 26,1% for a comparable 26 weeks was particularly
pleasing as strong trading in the equivalent 2001 period had created a
challenging base.
Truworths` annual results for the 53 weeks to 30 June 2002 are scheduled to
be announced on 22 August 2002.
Date: 02/07/2002 05:01:20 PM Produced by the SENS Department
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
