The company opened 18 new stores in the past year and these stores contributed 6% of the growth in revenue in the first quarter‚ while existing stores were responsible for 4% of the growth.
Total transactions at the tills rose by 7% and units sold were 5% higher than the previous comparable quarter.
Cashbuild said trading conditions throughout the quarter remained tough‚ with selling inflation up 4% year-on-year.
Gross profit percentage margins remained at similar levels to those reported for the previous full financial year‚ it said.
Source: BDPro via I-Net Bridge
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