Pick n Pay Stores Ltd 2021 IR
The report outlines Pick n Pay Group's financial and non-financial performance for the 52 weeks ended February 28, 2021. Despite the severe disruptions of the Covid-19 pandemic, the company achieved a market-leading core food and grocery sales growth of 10.0% in South Africa and expanded its gross profit margin to 19.8%. Under its Project Future modernization initiative, the Group delivered R600 million in cost savings in its first year. Additionally, the company demonstrated its commitment to sustainability by raising R136 million for hunger relief through the Feed the Nation campaign and diverting 61% of its waste from landfills.
Company: Pick n Pay Stores Ltd
Sector: Wholesale & retail
Country: South Africa
Year: 2021
Type: IR
Pages: 64
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Pick n Pay Stores Ltd
Integrated Annual Report
The report outlines Pick n Pay Group's financial and non-financial performance for the 52 weeks ended February 28, 2021. Despite the severe disruptions of the Covid-19 pandemic, the company achieved a market-leading core food and grocery sales growth of 10.0% in South Africa and expanded its gross profit margin to 19.8%. Under its Project Future modernization initiative, the Group delivered R600 million in cost savings in its first year. Additionally, the company demonstrated its commitment to sustainability by raising R136 million for hunger relief through the Feed the Nation campaign and diverting 61% of its waste from landfills.
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Document Details
Report Year
2021
Reporting Period
Mar 1, 2020 - Feb 28, 2021
Fiscal Year
2021
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Water Consumption
Workplace Fatalities
Employees