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CASHBUILD LIMITED - First quarter operational update FY 2015

Release Date: 20/10/2014 07:10
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First quarter operational update – FY 2015

CASHBUILD LIMITED
(Registration number: 1986/001503/06)
(Incorporated in the Republic of South Africa)
JSE share code: CSB                     ISIN: ZAE000028320
(“Cashbuild” or “the company”)

FIRST QUARTER OPERATIONAL UPDATE – FY 2015

In line with past practice and disclosure, Cashbuild herewith provides its quarterly trading update.

Revenue for the company was up by 10% on the first quarter of the prior financial year. Stores
opened since 1 July 2013 (new stores –18 stores) contributed 6% of the increase, whilst existing
stores (199 stores) contributed 4%.

Transactions through our tills during the 1st quarter increased by 7% with new stores increasing
with 7%. Existing stores remained at similar levels. Units sold increased by 5% with existing
stores remaining at similar levels.

Three new stores were opened, two stores refurbished and two were relocated during this quarter.
One store trading in close proximity to another being closed at the end of the quarter bringing the
number of stores trading at the end of the quarter to 217. Another two CashbuildDIY stores were
opened during this quarter bringing the number of these pilot stores trading by the end of this
quarter to eight.

Trading conditions remained tough throughout the quarter. Selling inflation was at 4% at the end
of September 2014 when compared to September 2013. Gross profit percentage margins remain
at similar levels to those reported for the full prior financial year.

Detail per region
The breakdown per region of the factual information given in the update above is reflected in the
following three tables:

Revenue versus prior year per region             Total        New        Existing     Percentage
                                                                                     of total sales
                                                   %           %            %              %

South Africa                           Q1         11           6            5             87

Lesotho                                Q1         (18)          -          (18)            2

Namibia                                Q1         15            -           15             2

Swaziland                              Q1         10           13          (3)             4

Botswana (in Rand)                     Q1          8            -           8              4

Botswana (in Pula)                     Q1          6            -           6

Malawi (in Rand)                       Q1         60           60           -              1

Malawi (in Kwacha)                     Q1         72           65           7

Total Cashbuild                        Q1         10           6            4             100
Transactions versus prior year per region   Total   New   Existing     Percentage
                                                                         of total
                                                                      transactions
                                             %      %        %              %

South Africa                         Q1      8       8       -            89

Lesotho                              Q1      (8)     -      (8)            2

Namibia                              Q1      5       -       5             2

Swaziland                            Q1      7      14      (7)            3

Botswana                             Q1      5       -       5             4

Malawi                               Q1      46     40       6             -

Total Cashbuild                      Q1      7       7       -            100


Number of stores – end quarter one          Total   New   Existing   Percentage of
                                                                         total
                                                                           %
South Africa                                190     16      174            88
Lesotho                                       5      -        5             2
Namibia                                       3      -        3             1
Swaziland                                     7      1        6             3
Botswana                                     10      -       10             5
Malawi                                        2      1        1             1
Total                                       217     18      199           100


20 October 2014

Sponsor
Nedbank Capital

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