Pick n Pay FY results: cost cutting and investing in price

Date : 19 April 2018
South Africa-based Pick n Pay has released its FY2018 results. They show a positive performance, with +5.3% in revenue. • Revenue increased 5.3% to ZAR81.6 bn (US$13.3m) in 2018 from ZAR77.5 bn (US$64.7) in 2017 • Like-for-like sales increased by 2.2% compared to 3.4% in 2017 • This was…
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