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Trading update: 26 weeks to 28 December 2014
Woolworths Holdings Limited
(Incorporated in the Republic of South Africa)
Registration number 1929/001986/06
Share code: WHL
ISIN: ZAE000063863
(“the Group”)
TRADING UPDATE: 26 WEEKS TO 28 DECEMBER 2014
Group sales increased by 55.2% for the first 26 weeks of the 2015 financial year over the
comparable 26-week period in 2014. Excluding the impact of David Jones, Group sales grew by
12.5%.
Food sales increased by 14.1%, with a price movement of 9.5%. Sales in comparable stores grew
by 8.2%. Retail space, including stores in the rest of Africa, grew by 10.7% (net of closures and
excluding franchise conversions).
Clothing sales in South Africa increased by 9.4% and by 3.4% in comparable stores. Retail space,
including stores in the rest of Africa, grew by 5.7% (net of closures and excluding franchise
conversions).
General merchandise sales increased by 8.3% and by 5.3% in comparable stores.
David Jones sales are included from the effective date of the acquisition on 1 August 2014. For
comparability, sales (including concession sales) increased by 2.0%, in Australian dollar terms.
Sales in comparable stores contracted by 0.1% and net space grew by 5.4%.
Country Road Group sales in Australia and New Zealand increased by 8.2%, in Australian dollar
terms. Sales in comparable stores grew by 5.3% and net space grew by 9.0%. Country Road
Group’s South African sales are included in the South African clothing figures.
The Woolworths Financial Services debtors’ book reflected year-on-year growth of 10.3% at the
end of December 2014, with an annualised impairment rate for the six months to 31 December
2014 at 4.8% (six months to 31 December 2013: 4.3%).
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 28 December 2014 are scheduled to be
announced on the Stock Exchange News Service on or about 12 February 2015.
Contact:
Reeza Isaacs (Group Finance Director) on 021 407 2464
Ralph Buddle (Head of Investor Relations) on 021 407 3250
InvestorRelations@woolworths.co.za
Cape Town
15 January 2015
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
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