SHOPRITE REPORTS STRONG PERFORMANCE AT INTERIM STAGE
21 February 2012
The Shoprite Group has achieved strong turnover and profit growth across all business segments in the six months to December 2011. It increased turnover by 13,2% to R41,054bn in a highly contested trading environment and trading profit by 16,7% to R2,164bn. During the review period the Group’s internal inflation was 4.6% on average, against the official inflation figure of 5,8%.
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