South African grocery chain Shoprite has reported sales up 12.8% to ZAR33.511bn (US$4.7bn) for the full year to June 2006.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


Trading profit rose over a fifth to ZAR1.253bn in the period under review, while headline earnings per share improved by 10.4% to 145 South African cents.


CEO Whitey Basson said after several years of restructuring and consolidating its activities into a coherent whole, the business was now reaping the rewards.


“The South African operation of our supermarket brands fared exceptionally well in terms of both turnover and trading profit growth, while our non-RSA operation improved considerably on its 2005 results. We were fortunate in being able to refine this process of consolidation during a time when strong economic growth and high consumer confidence boosted our efforts,” he said.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now