Financial News
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Sep 3, 2024
It is my privilege to present results that aptly reflect a year in which we remained focused on our business and what we stand for – being best-priced, in-stock, solution-driven and customer-led. Our 12.0% increase in Group sales equates to our core South African supermarkets customers spending R21.4 billion more with us this year. During a time when customers are incredibly pressured, this is the greatest reward for our efforts which come as a result of best-in-class execution, innovation and an unwavering dedication to serve. Growth of this nature, in a highly competitive market and from a high base can only be achieved as a result of across-the-board commitment. With this in mind, my sincere thanks are extended to Team Shoprite for their continued dedication to our customer base which numbers more than 30 million across South Africa, not including the nine other African countries throughout which we operate our food retail operations.
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