CASHBUILD LIMITED - First quarter operationl update - FY 2018

First quarter operationl update - FY 2018

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 2018

Cashbuild herewith provides its voluntary quarterly operational update.

Revenue for the Cashbuild Group was up 5% on the first quarter of the prior financial year, 28 new stores
opened since 1 July 2016 contributed 4% of the increase, whilst the 278 existing stores contributed 1% of the
increase.

Transactions for the Cashbuild Group was up 2%, with new stores contributing 4% of the increase and existing
stores decreased by 2%.

Selling inflation was 3% at the end of September 2017 when compared to September 2016. Gross profit
margin percentage for the Group is currently trending lower than those reported in the first half of the prior
financial year.

A revenue performance breakdown per operating segment is reflected in the following table:

 Revenue performance Q1 FY2018 versus Q1 FY2017
 Operating Segment                             Percentage of       Total       New      Existing
                                                 Total Sales         %          %          %
 Cashbuild South Africa                   Q1          79             5          4          1

 Cashbuild Common Monetary Areas          Q1           6             1          5         (4)

 Cashbuild Other *                        Q1           4             5          9         (4)

 P&L Hardware South Africa                Q1          11            10          9          1

 Total Group                              Q1         100             5          4          1
*Botswana, Malawi and Zambia

The Group added 11 new stores (two Cashbuild and nine P&L Hardware stores), two Cashbuild stores were
relocated and two stores (one Cashbuild and one Cashbuild DIY store) were closed during the quarter bringing
the total number of stores trading at the end of the quarter to 306.

A store breakdown by location is reflected in the following table:

 Number of stores – end of quarter        Percentage   Total       New     Existing
                                            of total
 Cashbuild South Africa                        69       212         11        201
 Cashbuild Common Monetary Areas                5        17          1         16
 Cashbuild Other *                              5        14          2         12
 Cashbuild DIY Pilot stores                     3         8          0          8
 P&L Hardware South Africa                     18        55         14         41
 Total Group                                  100       306         28        278
*Botswana, Malawi and Zambia

16 October 2017
Sponsor
Nedbank Corporate and Investment Banking

Date: 16/10/2017 04:40:00 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.