Pick n Pay Stores Ltd 2022 IR
The report highlights Pick n Pay Group's performance for the 52 weeks ended 27 February 2022, showcasing resilience despite severe disruptions from civil unrest and Covid-19 liquor restrictions. The Group launched its new Ekuseni long-term strategic plan to accelerate growth in Boxer, Clothing, and Online channels, while targeting a 3% market share gain by FY26. Key sustainability achievements include committing to a net-zero carbon footprint by 2050, reducing energy intensity by 35.1% against a 2009 baseline, and providing 37 million meals through the Feed the Nation Foundation. Financially, pro forma profit before tax and capital items increased by 24.9% to R1,978 million, supported by R1.0 billion in cost savings delivered under Project Future.
Company: Pick n Pay Stores Ltd
Sector: Wholesale & retail
Country: South Africa
Year: 2022
Type: IR
Pages: 130
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Pick n Pay Stores Ltd
Integrated Annual Report
The report highlights Pick n Pay Group's performance for the 52 weeks ended 27 February 2022, showcasing resilience despite severe disruptions from civil unrest and Covid-19 liquor restrictions. The Group launched its new Ekuseni long-term strategic plan to accelerate growth in Boxer, Clothing, and Online channels, while targeting a 3% market share gain by FY26. Key sustainability achievements include committing to a net-zero carbon footprint by 2050, reducing energy intensity by 35.1% against a 2009 baseline, and providing 37 million meals through the Feed the Nation Foundation. Financially, pro forma profit before tax and capital items increased by 24.9% to R1,978 million, supported by R1.0 billion in cost savings delivered under Project Future.
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Document Details
Report Year
2022
Reporting Period
Mar 1, 2021 - Feb 27, 2022
Fiscal Year
2022
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Water Consumption
Net Zero Target
Employees