January 12, 2017 / 3:14 PM / 7 months ago

BRIEF-Truworths International HY retail sales up 21 pct

1 Min Read

Jan 12 (Reuters) - Truworths International Ltd :

* Trading update for the 26 week period ended Dec. 25, 2016

* Experienced a challenging trading environment during 26-week period ended Dec. 25, 2016

* Group retail sales for period increased by 21 pct to R10.2 billion relative to prior period

* Cash sales growing by 53 pct while credit sales remained unchanged

* Debtors book increased to R6.4 billion and was 5 pct higher than at prior period-end

* Relative to prior period adjusted diluted HEPS of 432.5 cents per share, diluted HEPS for period are expected to decrease between 8 pct -12 pct to between 380.6-397.9 cents per share

* Group's diluted HEPS for period seen to fall 2-6 pct, to between 380.6 - 397.9 cents per share, relative to prior period Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

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