Pepkor says market-share gains boosted half-year earnings

A Pep store in Balfour Mall in Johannesburg. Picture: WALDO SWIEGERS

The retailer, previously known as Steinhoff Africa Retail, said its “defensive market positioning”, partly hinged on competitive prices, boosted growth. The clothing and general merchandise segment, the group’s largest, contributed revenue growth of 5.2% to R23.1bn and a 6.6% rise in operating profit to R3.1bn.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

BDliveSA /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Healthy iron ore prices boost Afrimat’s full-year earningsThe group says the commodity helped offset a tough period for the construction-materials division
Läs mer »

Massmart appoints new CEO, but shares fall on warning earnings will halveWalmart’s Mitchell Slape will take over as CEO after he gets approval to work in SA
Läs mer »

Strong labour market boosts US consumer confidenceYield on the benchmark 10-year note drops to its lowest level since October 2017
Läs mer »

Strong labour market boosts US consumer confidenceYield on the benchmark 10-year note drops to its lowest level since October 2017
Läs mer »