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Cashbuild increases sales by four per cent

Cashbuild operates more than 300 stores in South Africa and the common monetary area with Namibia, Swaziland and Lesotho as well as in Botswana, Malawi and Zambia.

Cashbuild operates more than 300 stores in South Africa and the common monetary area with Namibia, Swaziland and Lesotho as well as in Botswana, Malawi and Zambia.

Cashbuild, a building materials, DIY and hardware retailer in South Africa, racked up sales amounting to ZAR 10.821 bn (EUR 659 mio) in fiscal 2018/2019 (ended 30 June 2019), which comprised 53 weeks. Scaled down to 52 weeks, the company's sales were ZAR 10.622 bn (EUR 647 mio), 4 per cent more than in the previous year.

At the reporting date, Cashbuild operated 315 stores, including 59 P&L Hardware stores and one DIY store. During 2018/2019 the company opened nine Cashbuild stores and two P&L Hardware stores, as well as refurbishing 26 stores. Five Cashbuild stores, three P&L stores and six DIY stores were closed.

Outside of South Africa and the common monetary area with Namibia, Swaziland and Lesotho, Cashbuild operates in Botswana, Malawi and Zambia.

| 9 September 2019


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