Truworths International Ltd 2022 IR
The report highlights Truworths International's strong operational and financial performance for the 53-week period ended July 3, 2022, achieving record earnings as trading patterns normalised post-pandemic. Despite macroeconomic headwinds, including civil unrest and flooding in South Africa, the Group's retail sales increased by 9.0% to R18.5 billion. The Group's gross margin strengthened to 53.5%, and profit before finance costs and tax rose by 45.4% to R4.4 billion. Truworths continued to expand its vertical supply chain and progressed plans for a new green-certified distribution centre, while Office UK sustained its turnaround with a strong recovery in store sales.
Company: Truworths International Ltd
Sector: Consumer Discretionary
Country: South Africa
Year: 2022
Type: IR
Pages: 89
Truworths International Ltd
Integrated Report
The report highlights Truworths International's strong operational and financial performance for the 53-week period ended July 3, 2022, achieving record earnings as trading patterns normalised post-pandemic. Despite macroeconomic headwinds, including civil unrest and flooding in South Africa, the Group's retail sales increased by 9.0% to R18.5 billion. The Group's gross margin strengthened to 53.5%, and profit before finance costs and tax rose by 45.4% to R4.4 billion. Truworths continued to expand its vertical supply chain and progressed plans for a new green-certified distribution centre, while Office UK sustained its turnaround with a strong recovery in store sales.
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Document Details
Report Year
2022
Reporting Period
Jun 28, 2021 - Jul 3, 2022
Fiscal Year
2022
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Employees