Edition:
United Kingdom

Shoprite Holdings Sees Basic HEPS 441.1 - 388.6 Cents For 26-Week Period


Tuesday, 29 Jan 2019 

Jan 29 (Reuters) - Shoprite Holdings Ltd ::TRADING STATEMENT FOR THE PERIOD ENDING 30 DECEMBER 2018.SEES BASIC HEPS 441.1 - 388.6 CENTS FOR 26-WEEK PERIOD.SEES BASIC HEPS EXCLUDING HYPERINFLATION ADJUSTMENT FOR 26-WEEK PERIOD 387.4 - 334.9 CENTS.LOW TURNOVER GROWTH FOR 26-WEEK PERIOD RESULTING FROM LOW FOOD INFLATION, TEMPORARY STOCK AVAILABILITY CHALLENGES, CURRENCY DEVALUATIONS.JANUARY 2019 HAS SEEN IMPROVED TRADING TREND CONTINUE.CONFIDENT OF AN IMPROVED SECOND HALF AS IMPACT OF VARIOUS ONCE-OFFS CONTINUES TO EASE.PROFITABILITY IN GROUP'S NON-RSA BUSINESS SUFFERED MAINLY AS A RESULT OF ANGOLAN OPERATION FOR 26-WEEK PERIOD ENDED 30 DECEMBER 2018.