Shoprite Holdings Ltd (JSE:SHP3.PFD)
R 1.5 (0%) Market Cap: - Enterprise Value: - PE Ratio: 22.81 PB Ratio: 5.40 GF Score: 97/100

Half Year 2020 Shoprite Holdings Ltd Earnings Presentation Transcript

Feb 25, 2020 / 07:30AM GMT
Pieter C. Engelbrecht
Shoprite Holdings Limited - CEO & Executive Director

Good morning. We have, I think, about 120 people here and 130 out on the webcast. So welcome to all of you at our interim results presentation for the 6 months ending December 2019. I'm not going to go back to you know what -- all the things that happened in 2018. The difficulty of the result, of course, is the fact that we previously or in 2018 year -- financial year had to account for hyperinflation. This year, we don't have hyperinflation. And we have retrospectively applied IFRS 16. So we all have to keep our words, this wonderful finance team, they're the ones that made us try and understand it all. Please, bear with me. Anton is going to have the more difficult part when he

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