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Added 16 new stores to our footprint

  • 5 new stores in Botswana
  • 6 new stores in South Africa
  • 5 new stores in Zimbabwe

Choppies now has 124 stores with total retail space of 177 031 sqm

 

Opened 2 new Distribution Centres:

  • 8 000 sqm Fruit and Veg facility in Rustenburg
  • 3 000 sqm facility in Harare

 

Choppies now has 7 Distribution Centres with total warehouse space of 50 313 sqm

 

Successful implementation of new ERP system in Botswana and Zimbabwe

 

Monthly average transaction volumes up 19%

 

Average basket size up 7%

 

Revenue +20% to P3 billion

 

Same store sales growth +5%

 

Gross Profit +21% to P644 million

  • Gross profit margin improved from 21.3% to 21.4%

 

EBITDA +12% to P206 million

 

Profit After Tax +2% to P103 million

 

Assets +22% to P2.1 billion

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