South Africa, March 3 -- For the six months ending 28 December 2025, group revenue from continuing operations increased by 7.1% to R138.9bn (restated H1 2025: R129.7bn), while sales of merchandise rose 7.2% to R136.8bn, representing an additional R9.2bn in incremental sales compared to the prior interim period.

Diluted headline earnings per share (DHEPS) grew 7.9% to 708.9 cents from a restated H1 2025 base of 657.3 cents. Adjusted DHEPS increased 9.5% to 735.3 cents. The board declared an interim dividend of 307 cents per share, up 7.7% year-on-year.

Over the past 12 months, the group opened a net 273 stores, while creating 1,711 new direct jobs during the six-month period.

Price leadership amid deflation

CEO Pieter Engelbrecht said ...