Woolworths reports sales increase

Woolworths’ sales rose 11.1% to R14.2bn (£1.22bn) in its first half to the end of December 2011. Food sales increased by 11.7%while clothing and general merchandise was up 10.1%. Operating profit rose 27.8% to R1.4bn (£120.7m). While strong sales growth was recorded in the second quarter, Woolworths attributed part of ...

 

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