Third quarter operational update - FY 2018
(Registration number: 1986/001503/06)
(Incorporated in the Republic of South Africa)
JSE share code: CSB ISIN: ZAE000028320
(“Cashbuild” or “the company”)
THIRD QUARTER OPERATIONAL UPDATE – FY 2018
Cashbuild herewith provides its voluntary quarterly operational update.
Revenue for the third quarter for the Cashbuild Group was up 7% on the third quarter of the prior
financial year, with the 39 new stores opened or acquired since 1 July 2016 contributing 5% of the
increase, whilst the 276 existing stores increased by 2%. This, together with the growth reported in the
first half, equates to an increase in revenue for the year to date of 5%, with new stores contributing 4% of
the increase whilst existing stores increased by 1%.
Transactions through the tills during the third quarter for the Cashbuild Group increased by 1% to that of
the comparative period, with new stores contributing 5% of the increase while existing stores decreased
Selling inflation was 2% at the end of March 2018 when compared to March 2017. Gross profit margin
percentage remains at similar levels to those reported at half year end.
A revenue performance breakdown per operating segment is reflected in the following table:
Revenue performance 3rd Quarter FY2018 versus 3rd Quarter FY2017
Operating Segment Percentage Total New Existing
of Total % % %
Cashbuild South Africa Half Year 79 3 3 -
Q3 78 5 3 2
Cashbuild Common Monetary Areas Half Year 6 1 6 (5)
Q3 6 7 4 3
Cashbuild Other * Half Year 4 8 7 1
Q3 4 12 8 4
P&L Hardware South Africa Half Year 11 16 12 4
Q3 12 22 15 7
Total Group Half Year 100 5 5 -
Q3 100 7 5 2
*Botswana, Malawi and Zambia
During the third quarter the Group closed one Cashbuild store at the expiration of its lease agreement and
one temporary closure of a Cashbuild DIY whilst it is being rebuilt into a standard Cashbuild model store,
bringing the total number of stores trading at the end of the quarter to 315.
A store breakdown by segment is reflected in the following table:
Number of stores – end of quarter Percentage Total New Existing
Cashbuild South Africa 69 217 17 200
Cashbuild Common Monetary Areas 6 18 2 16
Cashbuild Other * 5 15 3 12
Cashbuild DIY Pilot stores 2 7 - 7
P&L Hardware South Africa 18 58 17 41
Total Group 100 315 39 276
*Botswana, Malawi and Zambia
17 April 2018
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