Shoprite Holdings Limited · JSE:SHP
Shoprite — FY2012 Earnings Presentation
8 slides from Shoprite's earnings presentation, 2012
Slide 1: Whitey Basson, Chief Executive Officer
Whitey Basson Chief Execu8ve Officer 29
Slide 2: Operational Overview Agenda
Opera?onal Overview Agenda • Trading Environment • Group Overview • Supermarkets RSA • Other Opera?ng Segments • Supermarkets Non-‐RSA • Outlook 30
Slide 3: Trading Environment
Trading Environment Macro-‐economy provided likle support to our business: • Official food infla<on dropped from 11% high in December to 5.9% in June • SA’s GDP growth slowed to 2.1% (Q1 2012) • Disappoin<ngly, unemployment showed no improvement at 24.9% (Q2) • Rand weakness affec<ng import costs and e
Slide 4: Group Overview
Group Overview • Despite economic condi<ons, the Group managed turnover growth of 14.4% (like-‐for-‐like 8.5%) and net profit growth of 20.6% • Con<nued to outperform compe<tors and grow market share • Shoprite’s turnover is now greater than the GDP of 23 African countries (out of 52) • Sold 5.9bn
Slide 5: Multiple Brands
Multiple Brands come eave SHOPRITE Checkers Hyper Furniture Liquor Fast Food Customer Services Business-to-Business Freshmark@ FS Foneckers fons Savces Franchises Ol Foods D>. =
Slide 6: Group Overview - Customers
Group Overview -‐ Customers • Customer growth 4.1%, represen<ng an addi<onal 39 million transac<ons • Served a total of 846m customers (4 351 customers every minute!) • South Africa’s low price champion − R763m was put into price discoun<ng − Internal food infla<on well below official food infla<on (4.
Slide 7: Group Overview
Group Overview • Maintained aggressive expansion by opening 170 corporate outlets − 68 Corporate supermarkets with 18 Non-‐RSA − 81 Pharmacy, liquor and fast food outlets − 21 Furniture stores • Now opera<ng in 17 countries aoer opening in Kinshasa, DRC • 7 042 New jobs created (1 871 outside SA) •
Slide 8: Group Overview - Distribution
Group Overview -‐ Distribu?on • Added over 3 400 SKU’s into DCs -‐ beker on-‐shelf availability • DC has a 10% service level advantage over direct supplier deliveries • The Centurion DC now distributes 2.6 million cases per week • Fleet of 500 trucks travels enough km’s to go around the world twi