Trading update: 52 weeks to 28 June 2015
Woolworths Holdings Limited
(Incorporated in the Republic of South Africa)
Registration number 1929/001986/06
Share code: WHL
TRADING UPDATE: 52 WEEKS TO 28 JUNE 2015
Group sales increased by 54.9% for the 52 weeks of the 2015 financial year over the comparable
52-week period in 2014. Excluding the impact of David Jones, Group sales grew 12.0%.
Woolworths Food sales increased by 13.5%, with a price movement of 7.7%. Sales in comparable
stores grew 6.6%. Retail space, including stores in the rest of Africa, grew 10.0% (net of closures
and excluding franchise conversions).
Woolworths Clothing sales in South Africa increased by 9.6% and by 4.0% in comparable stores.
Retail space, including stores in the rest of Africa, grew 7.1% (net of closures and excluding
franchise conversions). General Merchandise sales increased by 7.7% and by 5.6% in
David Jones sales are included from the effective date of the acquisition on 1 August 2014. A
strong second half performance led to full year sales (including concession sales) increasing by
6.4%, in Australian dollar terms. Sales in comparable stores grew 3.7% and net space grew 1.3%.
Country Road Group sales in Australia and New Zealand increased by 11.5%, in Australian dollar
terms. Sales in comparable stores grew 4.7% and net space grew 23.1%, 17.0% of which was
space reallocated from other brands in David Jones during the last quarter and therefore does not
constitute additional space from a Group perspective. Country Road Group's South African sales
are included in the Woolworths Clothing figures.
The Woolworths Financial Services debtors' book reflected year-on-year growth of 10.5% at the
end of June 2015, with an impairment rate for the twelve months to 28 June 2015 at 5.4% (2014:
Shareholders are advised that the financial information contained in this announcement has not
been audited, reviewed or reported upon by the Group's external auditors.
The Group's year end results for the 52-week period to 28 June 2015 are scheduled to be
announced on the Stock Exchange News Service on or about 27 August 2015.
Reeza Isaacs (Group Finance Director) on 021 407 2464
Ralph Buddle (Investor Relations) on 021 407 3250
15 July 2015
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
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