CASHBUILD LIMITED - First quarter operational update - FY2020

First quarter operational update - FY2020

CASHBUILD LIMITED
(Registration number: 1986/001503/06)
(Incorporated in the Republic of South Africa)
JSE share code: CSB                     ISIN: ZAE000028320
(“Cashbuild” or “the Group”)

FIRST QUARTER OPERATIONAL UPDATE – FY 2020
Cashbuild herewith provides its voluntary quarterly operational update.

Revenue for the Cashbuild Group was up 2% on the first quarter of the prior financial year, 14 new stores
opened since 1 July 2018 contributed 2% of the increase, whilst the 303 existing stores remained at similar
levels.

Transactions for the Cashbuild Group increased by 1%, with new stores increasing by 3% and existing stores
decreasing by 2%.

Selling inflation was 3% for the quarter ending September 2019 when compared to the quarter ending
September 2018. Gross profit margin percentage for the Group remained at similar levels to those of the same
quarter of the prior year.

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

Revenue performance Q1 FY2020 versus Q1 FY2019
Operating Segment                            Percentage of          Total       New        Existing
                                               Total Sales            %          %           %
Cashbuild South Africa                   Q1           79               3          3            -

Cashbuild Common Monetary Areas          Q1            5               -          -            -

Cashbuild Other *                        Q1            4              12          1           11

P&L Hardware South Africa                Q1           12              (5)         3           (8)

Total Group                              Q1          100               2          2            -
*Botswana, Malawi and Zambia

During the quarter the Group added three new stores (two Cashbuild and one P&L Hardware), refurbished one
Cashbuild store and closed one Cashbuild store at the expiration of its lease agreement, bringing the total
number of stores trading at the end of the quarter to 317.

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                             71      224         10        214
Cashbuild Common Monetary Areas                     6       18          -         18
Cashbuild Other *                                   4       14          1         13
Cashbuild DIY Pilot stores                          -        1          -          1
P&L Hardware South Africa                          19       60          3         57
Total Group                                       100      317         14        303
*Botswana, Malawi and Zambia

21 October 2019
Sponsor
Nedbank Corporate and Investment Banking

Date: 21/10/2019 10:22:00
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.