Third quarter operational update - FY 2019
(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 2019
Cashbuild herewith provides its voluntary quarterly operational update.
Revenue for the third quarter for the Cashbuild Group was up 3% on the third quarter of the prior financial
year, with the 32 new stores opened or acquired since 1 July 2017 contributing 3% of the increase, whilst the
286 existing stores remained at similar levels. This, together with the growth reported in the first half, equates
to an increase in revenue for the year to date of 3%, with all growth coming from new stores.
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 3% of the increase while existing stores decreased by 2%.
Selling inflation was 3% at the end of March 2019 when compared to March 2018. Gross profit margin
percentage remained 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 FY2019 versus 3rd Quarter FY2018
Operating Segment % Contribution Total New Existing
to Group Business Business Business
Sales Growth Growth Growth
Cashbuild South Africa Half Year 78 2 3 (1)
Q3 78 3 3 -
Cashbuild Common Monetary Areas Half Year 6 (2) 2 (4)
Q3 6 (2) - (2)
Cashbuild Other * Half Year 4 5 4 1
Q3 4 13 - 13
P&L Hardware South Africa Half Year 12 15 9 6
Q3 12 5 4 1
Total Group Half Year 100 3 3 -
Q3 100 3 3 -
*Botswana, Malawi and Zambia
During the third quarter the Group closed, one Cashbuild DIY store and one acquired P&L Hardware store, at
the expiration of their lease agreements, bringing the total number of stores trading at the end of the quarter to
A store breakdown by segment is reflected in the following table:
Number of stores Percentage Total New Existing
Cashbuild South Africa 69 221 14 207
Cashbuild Common Monetary Areas 6 18 1 17
Cashbuild Other * 5 15 2 13
Cashbuild DIY Pilot stores 1 3 - 3
P&L Hardware South Africa 19 61 15 46
Total Group 100 318 32 286
*Botswana, Malawi and Zambia
11 April 2019
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