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Shoprite annual turnover up 11.2% to R113.7bn

Retail group Shoprite increased total turnover by 11.2% to about R113.7bn for the 12 months to end June, the group announced on Wednesday...
Shoprite annual turnover up 11.2% to R113.7bn

Growth on a like-for-like basis was 4.3%.

The South African supermarket division, the largest division in the group, grew sales by 10.5%, up from 8.7% in the 2014 financial year.

At 9.16am Shoprite shares were down 1.48% to R169.48.

Source: BDpro

Source: I-Net Bridge

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