2006/01/11
Woolworths Holdings - Trading update for the six months to December 2005 [JSE Securities Exchange - SENS]
 
Woolworths Holdings Limited
(Incorporated in the Republic of South Africa)
Registration number: 1929/001986/06
Share code: WHL     ISIN: ZAE000063863
("Woolworths Holdings" or "the Company")
Trading update for the six months to December 2005
Woolworths Holdings sales growth increased for the six months from July to
December 2005 by 16.3% compared to the same period last year.
Woolworths, Clothing & Home grew sales by 12.6% in total and 8.2% in comparable
store sales with an average deflation rate of approximately -2.3% over the
period. Food sales grew by 20.9% in total and by 12.2% in comparable store sales
with an average inflation rate of approximately 3.7% over the period. Expansion
plans in corporate stores delivered an increase of 4.2% trading space in
Clothing & Home over the period, and 6.5% in Food. Trading over the festive
season was in-line with expectations.
Retail sales for the Australian subsidiary, Country Road, for the six months
ended 31 December 2005 were 6.3% higher in Australian dollars than the same
period last year, with good volume increases, whilst total sales increased by
1.0%.
The publication of the interim results of the Company for the 26-week period to
25 December 2005 is scheduled for mid-February 2006.
Contact: Simon Susman (Chief Executive Officer), Norman Thomson (Finance
Director), Cherrie Lowe (Group Company Secretary) on
021 407 9111.
Cape Town
11 January 2006
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 11/01/2006 10:36:33 AM Produced by the JSE SENS Department
Source: JSE Securities Exchange - SENS
 
DISCLAIMER: http://www.mcgbfa.com/disclaimer.htm
 
Email
 
Print