Wrap Text
Group results for the 52 weeks ended
29 June 2025 and cash dividend declaration
Shoprite Holdings Limited
(Reg. No. 1936/007721/06)
(ISIN: ZAE000012084)
(JSE Share code: SHP)
(A2X Share code: SHP)
(NSX Share code: SRH)
(LuSE Share code: SHOPRITE)
("the Group")
Group results for the 52 weeks ended 29 June 2025 and cash dividend
declaration
Pieter Engelbrecht, Chief Executive Officer:
This year the Group achieved an impressive milestone by surpassing the
R250 billion sales mark, with sales growth of R20.6 billion for the period.
Prioritising our customers, we returned R16.5 billion at point of sale while
successfully maintaining our selling price inflation at only 2.3% in our
core Supermarkets RSA segment.
Our businesses excelled in providing top-tier pricing, availability and
compelling promotions. Achieving this across 2 863 corporate-owned stores is
a testament to the expertise and dedication of our teams, who diligently
executed our market-leading strategy that focuses on the daily needs of our
more than 30 million customers.
In terms of sales performance in our core Supermarkets RSA segment, the
Shoprite and Usave brands saw a sales increase of 5.9%, translating to
R6.5 billion in sales growth from a substantial base of R110.1 billion.
Recognising the economic pressures our customers face, we managed to keep
Shoprite's pricing inflation below 2%. Our commitment to operational
discipline allowed us to enhance gross margins despite higher promotional
levels.
Checkers continued to thrive, with sales growth of 13.8%, adding
R11.6 billion to reach almost R100 billion in sales. With 350 supermarkets,
including 40 Checkers Hyper stores, we believe Checkers' vision to
democratise premium food retail has significant untapped potential in
South Africa.
Our on-demand delivery platform, Sixty60, again achieved phenomenal
growth with sales increasing by 47.7% to measure R18.9 billion.
We continued executing on our strategy to focus on growing the businesses
that form part of our core Supermarkets RSA and in doing so we reduced
exposure in certain Non-RSA regions whilst also, selling our furniture
business to Pepkor Holdings Ltd.
Looking ahead, our focus remains on developing an omnichannel retail
platform to enhance our customer experience. We've launched new online
shopping options, including the Checkers transactional website and updated
Sixty60 app, extending our delivery services across other retail categories
and formats.
We are proud of our achievements and grateful to our 168 000 employees for
their contributions to our success. To our valued customers, thank you for
your continued support. We are excited about the future and look forward to
further growth and investment for the benefit of all stakeholders.
Restated*
Change 52 weeks 52 weeks
Key information - continuing operations % 2025 2024
Sale of merchandise (Rm) 8.9 252 701 232 088
Trading profit (Rm) 16.6 14 951 12 818
Operating profit (Rm) 18.0 14 943 12 662
Profit before income tax (Rm) 12.8 10 185 9 026
Income tax expense (Rm) (0.4) 2 793 2 805
Profit/(loss) for the year (Rm) 18.8 7 392 6 221
Attributable to owners of the parent (Rm) 7 401 6 253
Attributable to non-controlling interest (Rm) (9) (32)
Headline earnings per share (cents) 15.8 1 372.1 1 185.3
Basic earnings per share (cents) 18.9 1 367.2 1 149.5
Dividend per share (cents) 9.7 781.0 712.0
Profit/(loss) for the year including
discontinued operations (Rm) 21.9 7 583 6 221
Attributable to owners of the parent (Rm) 7 585 6 248
Attributable to non-controlling interest (Rm) (2) (27)
Headline earnings per share including
discontinued operations (cents) 20.2 1 431.6 1 191.4
Basic earnings per share including
discontinued operations (cents) 22.0 1 401.2 1 148.6
* Restated for the classification of the Group's furniture business and
the operations in Ghana and Malawi as discontinued operations in
accordance with IFRS 5: Non-current Assets Held for Sale and
Discontinued Operations.
Declaration of ordinary dividend
The Board has declared a final dividend of 496 cents (2024: 445 cents)
per ordinary share, payable to shareholders on Monday, 29 September 2025.
The dividend has been declared out of retained earnings in accordance
with applicable legislation. This brings the total dividend for the year
to 781 cents (2024: 712 cents) per ordinary share. The last day to
trade cum dividend will be Monday, 22 September 2025. As from Tuesday,
23 September 2025, all trading of Shoprite Holdings Ltd shares will
take place ex dividend. The record date is Friday, 26 September 2025.
Share certificates may not be dematerialised or rematerialised between
Tuesday, 23 September 2025, and Friday, 26 September 2025, both days
inclusive.
In terms of the Dividends Tax, the following additional information is
disclosed:
1. The local dividend tax rate is 20%.
2. The net local dividend amount is 496 cents per share for
shareholders exempt from paying Dividends Tax and 396.8 cents
per share for shareholders liable to pay Dividends Tax.
3. The issued ordinary share capital of Shoprite Holdings Ltd as at
the date of this declaration is 591 338 502 ordinary shares.
4. Shoprite Holdings Ltd's tax reference number is 9775/112/71/8.
About this announcement
This short-form announcement is the responsibility of the Directors of
Shoprite Holdings Ltd. It is only a summary of the information in the
condensed consolidated financial statements and does not contain full or
complete details. The condensed consolidated financial statements for the
year ended 29 June 2025 have been reviewed by Shoprite Holdings Ltd's
external auditors, Ernst & Young Inc., who have reached an unmodified review
conclusion. Any investment decisions by investors and/or shareholders should
be based on consideration of the condensed consolidated financial statements
as a whole.
The condensed consolidated financial statements have been
released on the JSE's cloudlink at
https://senspdf.jse.co.za/documents/2025/jse/isse/SHP/ye2025.pdf
and are also available for viewing at
https://www.shopriteholdings.co.za/docs/ye2025-sep2025.pdf.
Copies of the condensed consolidated financial statements may be requested
from the Company Secretary (cosec@shoprite.co.za, tel +27 (0)21 980 4284)
at PO Box 215, Brackenfell, 7561, South Africa.
By order of the Board
WE Lucas-Bull PC Engelbrecht
Chairman Chief Executive Officer
Cape Town
2 September 2025
Date: 02-09-2025 08:00:00
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