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NCL
NCL
New Clicks Holdings - Trading Update
New Clicks Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1996/000645/06)
JSE share code: NCL
ISIN: ZAE000014585
("New Clicks" or "the group")
TRADING UPDATE FOR THE FOUR MONTHS ENDED 31 DECEMBER 2005
Multibrand retailer New Clicks increased turnover by 15.1% in the four months to
31 December 2005.
The group"s retail brands increased sales by 9.8% during the period, and by 9.6%
on a same store basis. UPD, the group"s wholesale pharmaceutical distributor,
increased turnover by 30.2%.
RETAIL BRANDS
Clicks grew sales by 7.9% in the first four months of the financial year, with
same store sales rising by 9.9%. The total store sales growth is lower than same
store sales growth owing largely to the closure of over 40 mainly PM&A pharmacy
stores during the 2005 financial year. The brand experienced internal selling
price deflation of 0.7%, excluding the effects of any dispensed medication.
African beauty and hair care brand Discom showed an increase of 11.6% in total
sales, reflecting the impact of the opening of a net seven stores during the
year. Comparable store sales growth was 6.9%. Internal selling price deflation
for the period was measured at 0.5%.
The Entertainment division brands of Musica and CD Wherehouse lifted total sales
by 19.6%, boosted by the opening of seven new stores. Same store growth was
11.9%.
Sales of The Body Shop were 4.4% higher than the corresponding period, while
same store sales were flat.
WHOLESALE DISTRIBUTION
UPD continues to gain market share as it attracts increasing sales volumes from
independent retail pharmacies and private hospital groups. This has translated
into an increase in turnover of 30.2% for the period.
SALES PERFORMANCE
A summary of the trading performance of New Clicks for the four months ended 31
December 2005 is as follows:
Rm Four Four Total Same
months to months to sales store
31 31 growth sales
December December (%) growth
2005 2004 (%)
Clicks 1 697.5 1 573.4 7.9 9.9
Discom 362.9 325.3 11.6 6.9
Entertainment 304.1 254.2 19.6 11.9
The Body Shop 23.9 22.9 4.4 0.0
Total retail 2 388.4 2 175.8 9.8 9.6
UPD 1 228.5 943.3 30.2
Less inter-
company sales (198.0) (148.4) 33.4
Total group 3 418.9 2 970.7 15.1
The information contained in this trading update has not been reviewed or
reported on by the group"s auditors. New Clicks" interim results for the six
months to 28 February 2006 will be released on SENS on or about 4 May 2006.
Cape Town
23 January 2006
For further information contact
Tier 1 Investor Relations
Tel +27 (21) 702-3102
Sponsor
Investec Bank Limited
Date: 23/01/2006 09:00:09 AM Produced by the JSE SENS Department
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