Truworths International Ltd 2014 IR
The report highlights Truworths International's performance for the 52-week period ended June 29, 2014, amidst a challenging retail and credit environment in South Africa. Despite these conditions, the Group maintained its operating profit at R3.4 billion and increased its annual dividend per share by 6.4% to 385 cents. Retail sales grew by 7% to R10.8 billion, although the gross profit margin declined slightly to 55.9% due to higher markdowns. The Group continued its cautious expansion, growing its store footprint to 641 stores, including 38 outside South Africa, and invested R87 million in employee training.
Company: Truworths International Ltd
Sector: Consumer Discretionary
Country: South Africa
Year: 2014
Type: IR
Pages: 144
Truworths International Ltd
Integrated Report
The report highlights Truworths International's performance for the 52-week period ended June 29, 2014, amidst a challenging retail and credit environment in South Africa. Despite these conditions, the Group maintained its operating profit at R3.4 billion and increased its annual dividend per share by 6.4% to 385 cents. Retail sales grew by 7% to R10.8 billion, although the gross profit margin declined slightly to 55.9% due to higher markdowns. The Group continued its cautious expansion, growing its store footprint to 641 stores, including 38 outside South Africa, and invested R87 million in employee training.
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Document Details
Report Year
2014
Reporting Period
Jul 1, 2013 - Jun 29, 2014
Fiscal Year
2014
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women in Management
Employees