New Clicks Holdings Limited - Sales update
New Clicks Holdings Limited
(Registration number 1996/000645/06)
Share Code: NCL
ISIN: ZAE000014585
Sales Update
New Clicks Holdings increased retail sales in the four-month period from 1
September to 31 December 2002 by 14% over the corresponding period for 2001.
Christmas trading in some categories was disappointing, although there was
pleasing growth in the core business of health and beauty.
New Clicks South Africa
Sales for the four-month period to end-December 2002 were up 14.5%. Sales for
the Clicks brand increased by 12.8%. Continuing-store sales for Discom
(excluding closed stores) were up by 15.8%, reflecting the ongoing turnaround in
this brand. Sales for the Music Division increased by 12.6% and The Body Shop
traded exceptionally well, its performance coming off a low initial base.
United Pharmaceutical Distributors, acquired effective from 1 January 2003,
traded well over the period since the acquisition announcement on 15 July 2002.
New Clicks Australia
Priceline sales for the four-month period to end-December 2002 increased by 9%
in AU$ terms. Trading over Christmas was affected by a highly competitive
environment with major departmental stores marking down stock in the lead-up to
Christmas.
New Clicks` interim results for the six-month period to 28 February 2003 are
scheduled to be published on 7 April 2003.
Date: 10/01/2003 02:27:53 PM Produced by the JSE SENS Department
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