Shoprite first-half turnover rises 12.5%
bdlive.co.za - Jan 15th 2015, 10:38
Shoprite increased its turnover for the six months ended December 2014 by about 12.5% from the previous comparable period to R57.5bn, the supermarket group said in an operational update on Wednesday, 7 January.
Growth on a like-for-like basis was 5.1% and the South African supermarket operation increased sales by 12%.
The food division benefited from strong sales in the month of December, which were 13% higher than in the corresponding period a year earlier, the company said.
Shoprite is due to release interim results on February 24.
From DFM Publishers (Pty) Ltd
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