Third Quarter Operational Update – FY 2024
CASHBUILD LIMITED
(Registration number: 1986/001503/06)
(Incorporated in the Republic of South Africa)
ISIN: ZAE000028320
JSE share code: CSB
("Cashbuild" or "the Group")
THIRD QUARTER OPERATIONAL UPDATE – FY 2024
Cashbuild herewith provides its voluntary quarterly operational update for the third quarter of the 2024
financial year ("third quarter").
Revenue for the third quarter for the Group was up 3% on the third quarter of the prior financial year ("the
comparative period"). For the 312 existing stores (in existence prior to July 2022), revenue increased by
2% and the 9 new stores, contributed 1% growth. This, combined with the results reported in the first half
("half year") equates to a 3% increase in revenue year to date.
Transactions through the tills during the third quarter for the Group increased by 1% to that of the
comparative period, with existing stores remaining at similar levels and new stores contributing 1% growth.
Selling inflation was 2,4% at the end of March 2024 when compared to March 2023.
A revenue performance on a statutory basis per operating segment is reflected in the following table:
Revenue performance 3rd Quarter FY2024 versus 3rd Quarter FY2023
Operating Segment Percentage Total New Existing
of Total Growth Growth Growth
Sales % % %
Cashbuild South Africa Half Year 83 4 2 2
Q3 82 3 1 2
Cashbuild Common Monetary Areas Half Year 6 2 - 2
Q3 7 6 - 6
Cashbuild Other * Half Year 3 (1) - (1)
Q3 3 (11) - (11)
P&L Hardware South Africa Half Year 8 (7) 1 (8)
Q3 8 1 1 -
Total Group Half Year 100 2 1 1
Q3 100 3 1 2
*Botswana and Malawi
No new stores were opened during the third quarter while the Group refurbished one Cashbuild store,
resulting the total number of stores trading at the end of the third quarter remaining at 321.
A store breakdown by operating segment is reflected in the following table:
Number of stores – end of quarter three Percentage Total New Existing
of total
Cashbuild South Africa 74 239 8 231
Cashbuild Common Monetary Areas 6 18 - 18
Cashbuild Other * 3 11 - 11
P&L Hardware South Africa 17 53 1 52
Total Group 100 321 9 312
*Botswana and Malawi
The information contained in this operational update has not been reviewed or reported on by Cashbuild's
auditors.
22 April 2024
Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited
Date: 22-04-2024 01:34:00
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