HIGHLIGHTS
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| Merchandise sales value up 14% |
 |
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| Merchandise sales volumes up 18% |
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| Operating margin increased to 23.5% from 22.2% |
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| Operating profit up by 17% to
R590 million |
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| Headline
earnings up by 41% to R404 million |
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| Further
improvement in quality of debtors book |
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| Strong
operating cash flows |
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| Gearing ratio
at record low of 6% |
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