To view the PDF file, sign up for a MySharenet subscription.

CLICKS GROUP LIMITED - Trading Statement for 18 weeks to 30 Dec 2012

Release Date: 23/01/2013 09:30
Code(s): CLS     PDF:  
Wrap Text
Trading Statement for 18 weeks to 30 Dec 2012

Clicks Group Limited
(Incorporated in the Republic of South Africa)
Registration number 1996/000645/06
JSE share code: CLS
ISIN: ZAE000134854
(“Clicks Group” or “the group”)


TRADING UPDATE FOR 18 WEEKS TO 30 DECEMBER 2012

  Group turnover up 11.7%
  Clicks sales up 8.0%
  UPD turnover up 20.3%

Clicks Group increased sales by 11.7% to R5.97 billion in the 18 weeks to 30
December 2012 (“the period”) as consumer spending remains muted. Selling
price inflation averaged 2.2% for the period.

The Clicks chain grew turnover by 8.0%, with dispensary sales growing by 9.0%
and front shop sales by 7.6%. Comparable sales grew by 5.3% with selling price
inflation of 2.6%.

Musica increased same stores sales by 8.2%. Turnover was impacted by the
closure of a further seven stores during the period and total sales increased by
1.0%.

The Body Shop grew sales by 10.2% and in comparable stores by 6.8%.

Total retail sales increased by 7.3% and by 5.5% on a comparable store basis,
with inflation of 2.8%.

UPD benefited from its growing distribution business and increased turnover by
20.3%.

Chief executive David Kneale said: “The trend of consumers delaying their
purchases until closer to Christmas continued while consumers were increasingly
value conscious this festive season.”




Sales analysis by business unit
                          Total sales        Comparable        Inflation for the
                           growth (%)    sales growth (%)          period (%)
Clicks                            8.0                  5.3                2.6
Musica                            1.0                  8.2                4.5
The Body Shop                    10.2                  6.8                5.9
Total retail                      7.3                  5.5                2.8
UPD                              20.3                                     1.1
Intragroup                        9.4
turnover
Total group                       11.7                                    2.2

The financial information in this trading update has not been reviewed or reported
on by the group’s independent auditor. Clicks Group’s interim results for the six
months to 28 February 2013 will be released on SENS on or about 25 April 2013.

Cape Town
23 January 2013

For further information contact
Tier 1 Investor Relations
Tel: +27 (21) 702 3102

Sponsor
Investec Bank Limited

Date: 23/01/2013 09:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story