CLICKS GROUP LIMITED - Trading update for 20 weeks to 15 January 2017

Trading update for 20 weeks to 15 January 2017

Clicks Group Limited
(Incorporated in the Republic of South Africa)
Registration number: 1996/000645/06
JSE share code: CLS
ISIN: ZAE000134854
CUSIP: 18682W205
(“Clicks Group” or “the group”)

TRADING UPDATE FOR 20 WEEKS TO 15 JANUARY 2017

-   Clicks sales up 13.6%
-   Retail sales up 12.2%
-   Group turnover up 8.6%

The Clicks chain increased sales by 13.6% in the 20 weeks to 15 January 2017
(“the period”), continuing to demonstrate the resilience of the brand in the current
weak consumer spending environment.

Clicks reported comparable store sales growth of 9.6% and showed real volume
growth of 4.2% as selling price inflation measured 5.4%.

Total group retail sales increased by 12.2% and by 8.5% on a comparable store
basis, with selling price inflation of 5.3%.

UPD, the group’s pharmaceutical wholesale and distribution business, increased
turnover by 6.4%, ahead of selling price inflation which averaged 4.3% for the
period.

Total group turnover for the period grew by 8.6% to R10.0 billion.

Segmental turnover analysis
                              Total sales    Inflation for the
                              growth (%)          period (%)
Retail                               12.2                  5.3
Distribution                          6.4                  4.3
Intragroup turnover                  19.7                    -
Total group                           8.6                  4.9

Chief executive David Kneale said: “The Clicks chain performed well in the
constrained consumer economy, showing good volume growth. Customer
behaviour continues to reflect a shift to shopping later in the festive season and
Clicks reported record trading days in the week ahead of Christmas. We
continued to experience buoyant trading in the period after Christmas, driven
mainly by value promotions across all categories.”
“In the months ahead we expect Clicks to maintain its competitive market
position. This will be driven by our value offer to customers and the continued
expansion of the Clicks store and pharmacy footprint, underpinned by the relative
resilience of the health and beauty markets in which we trade.”

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 2017 will be
released on SENS on or about 21 April 2017.

Cape Town
26 January 2017

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

Sponsor
Investec Bank Limited

Date: 26/01/2017 08:00:00 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.