Pick n Pay interim results August 2016
Revenue for the interim period increased to R38.3 billion (2015: R35.3 billion). Gross profit rose to R6.7 billion (2015: R6.2 billion), trading profit was higher at R554.1 million (2015: R462.8 million), while profit for the period improved to R381.8 million (2015: R322.5 million). Furthermore, headline earnings per share grew by 23.7% to 82.43 cents per share (2015: 66.62 cents per share).
The directors have declared an interim gross dividend (number 97) of 29.90 cents per share out of income reserves.
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