Shoprite Holdings Ltd (OTCPK:SRGHY)
$ 14.24 0.2599 (1.86%) Market Cap: 7.72 Bil Enterprise Value: 9.62 Bil PE Ratio: 23.77 PB Ratio: 5.37 GF Score: 94/100
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Half Year 2024 Shoprite Holdings Ltd Earnings Call Transcript

Mar 05, 2024 / 07:30AM GMT
Release Date Price: $13.93 (+0.22%)
Pieter Engelbrecht
Shoprite Holdings Ltd - Chief Executive Officer, Executive Director

Good morning, everybody. Welcome to our interim results presentation for 2024. I hope that we will be able to give you some insights in what has had transpired in the last six months. We will use our normal format where I will give a bit of an overview just for the group. Anton will then take us through the detailed financials, and then I'll just end off again with a bit of the strategy and how we see going forward in the next couple of months.

So in terms of the operational overview, the first part of my presentation, I know I can spend an hour on all the excuses of why things are not great or why the performance could be better or what the reasons are, what makes doing business in South Africa extremely challenging. But we're not going to do that. That is not what we do.

Rather, we're going to just tell you that we've been busy again, as usual. We have done a lot of development, additional employment. We've launched some leadership programs. We had some fun in terms of advertising, some creative.

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