Company Data
| Last traded |
R134.85 |
| Change |
R1.42 |
| % Change |
1.06% |
| Cumulative volume |
1.31m |
| Market cap |
R76.94bn |
Related Articles
Top Stories
May 27 2012 11:21
There's a price war raging between South Africa's cellphone networks after Cell C lowered the rates of its prepaid calls by more than 34%.
May 27 2012 11:05
As far as repayments on home loans are concerned, South Africans are in a much more favourable position than their foreign peers.
May 27 2012 11:49
The country's 200 000-odd Tupperware agents are angry about the counterfeit products being sold as the real McCoy.
Johannesburg -
Shoprite Holdings [JSE:SHP] said on Monday that for the six months ended December 2011 it grew turnover by 13.2% to some R41.1bn.
Growth on a like-for-like basis was 8.0%. The consumer price index is projected to be 5.8% for the six months, Shoprite said.
Its supermarket operation in South Africa increased sales by 12.3% and by 6.8% on a like-for-like basis.
The group's internal food inflation for the period was on average 5.0% compared to an official food inflation figure estimated at 9%.
"Supported by a healthy growth in the demand for general merchandise, sales for the month of December was 15.5% higher than in the corresponding period," the company said in a statement.
"The rand weakened against most non-RSA currencies resulting in the group's non-RSA supermarkets achieving a sales growth of 21.2% for the period and 13.9% on a like-for-like basis," it said.
At constant currencies a rand turnover growth of 16.9% was achieved.
New stores in Angola and Nigeria resulted in above-average growth.
The group's furniture division increased sales by 13.6% for the six months in a sector strongly impacted by the economic downswing - this growth was generated mainly by OK Furniture, which focuses on the lower end of the market.
Shoprite will publish its results on February 21.