To view the PDF file, sign up for a MySharenet subscription.

WOOLWORTHS HOLDINGS LIMITED - Constant currency information: 26 weeks ended 24 December 2017

Release Date: 19/01/2018 16:48
Code(s): WHL     PDF:  
Wrap Text
Constant currency information: 26 weeks ended 24 December 2017

Woolworths Holdings Limited
(Incorporated in the Republic of South Africa)
Registration number 1929/001986/06
Share code: WHL
ISIN: ZAE000063863
(the Group)

CONSTANT CURRENCY INFORMATION: 26 WEEKS ENDED 24 DECEMBER 2017

Shareholders are referred to the announcement released on the Stock Exchange News Service
(SENS) on 15 January 2018, wherein the Group advised that turnover and concession sales increased
by 2.9% in constant currency for the 26 weeks ended 24 December 2017 (the current financial reporting
period).

The constant currency information has been presented to illustrate the impact of changes in the
Group’s major foreign currency, the Australian dollar. In determining the constant currency turnover
and concession sales growth rate, turnover and concession sales denominated in Australian dollar for
the current financial reporting period have been adjusted by application of the aggregated monthly
average Australian dollar exchange rates for the prior comparable period. The foreign currency
fluctuations of our rest of Africa operations are not considered material, and have therefore not been
applied in determining the constant currency turnover and concession sales growth rate.

The aggregated monthly average Australian dollar exchange rate is R10.45 for the current financial
reporting period and R10.54 for the prior comparable period.

The constant currency information, which is the responsibility of the Group's directors, has been
prepared for illustrative purposes only, and has not been audited, reviewed or reported upon by the
Group’s external auditors.

The Group’s interim results for the 26-week period ended 24 December 2017 are scheduled to be
announced on SENS on or about 22 February 2018.

Contact:
Reeza Isaacs (Group Finance Director) on 021 407 2464
Ralph Buddle on 021 407 3250
InvestorRelations@woolworths.co.za

Cape Town
19 January 2018

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)




                                                  1

Date: 19/01/2018 04:48:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story