TRU
TRU
Truworths International Limited - Trading Update
Truworths International Limited
(Registration number 1944/017491/06)
JSE Code: TRU; ISIN: ZAE000028296
("Truworths" or "the group")
Trading Update
Truworths anticipates that basic earnings and headline earnings per share for
the 52-week period to 25 June 2006 will be between 25% and 30% higher than the
restated (due to the adoption of the International Financial Reporting
Standards) basic earnings and headline earnings per share reported for the
corresponding period in 2005. The group recorded merchandise sales of R3 816
million for the 52 weeks, 23% more than the R3 115 million (restated) achieved
in 2005. Sales growth included comparable store sales growth of 16% with product
inflation of approximately 1%. Trading space, compared to 2005, increased by 11%
through the opening of 13 Truworths and 19 Identity stores.
On 3 July 2006, Truworths fulfilled the remaining conditions precedent for the
acquisition of a controlling interest in UZZI, which operates 25 stores in the
better end male fashion market.
Shareholders are advised that the financial information contained in this
trading update has not been reviewed or reported on by the external auditors,
and that the group"s audited final results for the period will be announced on
24 August 2006.
Cape Town
21 July 2006
Lead Sponsor
Barnard Jacobs Mellet Corporate Finance (Pty) Ltd
Date: 21/07/2006 03:08:06 PM Produced by the JSE SENS Department
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