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WOOLWORTHS HOLDINGS LIMITED - Trading update: 20 weeks to 11 November 2012

Release Date: 15/11/2012 09:45
Code(s): WHL     PDF:  
Wrap Text
Trading update:  20 weeks to 11 November 2012

Woolworths Holdings Limited
(Incorporated in the Republic of South Africa)
Registration number 1929/001986/06
Share code: WHL
ISIN: ZAE000063863
(“the Group”)


TRADING UPDATE: 20 WEEKS TO 11 NOVEMBER 2012

Group sales for the first 20 weeks of the 2013 financial year increased by 15.9% over the
comparable period in 2012. Sales in comparable stores grew by 9.9%.

Clothing sales in South Africa grew by 13.7% with a price movement of 5.8%. Sales in comparable
stores grew by 8.2%.

Food sales grew by 11.2% with a price movement of 7.3%. Sales in comparable stores grew by
7.8%.

General merchandise grew by 11.5% and by 9.5% in comparable stores.

Woolworths retail space, including stores in the rest of Africa, grew by 5.2%, net of closures and
excluding franchise conversions.

Sales in Australia and New Zealand increased 36.9%, in Australian dollar terms. Witchery and
Mimco’s sales are included from the effective date of the acquisition on 30th September 2012.
Sales in comparable stores increased by 12.2% and net space, excluding the acquisition,
contracted 2.1%. Country Road’s South African sales are included in the South African clothing.

The Woolworths Financial Services debtors’ book reflected year on year growth of 10.9% at the
end of October 2012, with the impairment rate for the four months to October 2012 at 1.8% (four
months to October 2011: 1.8%).

Shareholders are advised that the financial information contained in this announcement has not
been audited, reviewed or reported upon by the Group’s external auditors.

The Group’s interim results for the 26 week period to 23rd December 2012 are scheduled to be
announced on SENS or about the 14th February 2013.


Contact:
Ian Moir (Group chief executive officer) on 021 407 2809
Norman Thomson (Group finance director) on 021 407 3337
InvestorRelations@woolworths.co.za

Cape Town
15th November 2012

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 15/11/2012 09:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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