Pick n Pay Stores Ltd 2015 Integrated Report
Company: Pick n Pay Stores Ltd
Sector: Wholesale & retail
Country: South Africa
Year: 2015
Type: Integrated Report
Pages: 172
The report highlights Pick n Pay's financial and operational performance for the 52 weeks ending March 1, 2015, marking the completion of Stage 1 of its strategic recovery plan. The company achieved a 28.0% increase in headline earnings per share to 177.26 cents and a 6.1% increase in turnover to R66.9 billion. Operationally, Pick n Pay opened 127 new stores, expanded its online customer base by 40,000, and increased its centralized distribution level to 45%. On the sustainability front, the company improved its BBBEE score to level 4, recycled 45% of store waste, and donated 933 tonnes of surplus food to charity.
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