Shoprite Holdings Ltd (OTCPK:SRGHY)
$ 17.114 0.504 (3.03%) Market Cap: 9.03 Bil Enterprise Value: 11.07 Bil PE Ratio: 26.92 PB Ratio: 5.83 GF Score: 95/100
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Full Year 2019 Shoprite Holdings Ltd Earnings Call Transcript

Aug 20, 2019 / 09:30AM GMT
Release Date Price: $8.22 (-8.16%)
Pieter C. Engelbrecht
Shoprite Holdings Limited - CEO & Executive Director

Welcome. I see some familiar faces. Some look a little bit more unhappy than others. Hopefully, not too much to do with us, though. So I'm just going to just quickly welcome, and then going to hand it over to Anton.

As a lay of the land, it's still just important for us to emphasize that this is a big organization. I, in front, want to apologize if the presentation is slightly longer, and we still don't cover all the bases in the business units. Those of you that we do have time with on individual, if there are questions, please relay them to us. We will answer you as best as possible. If you can use Natasha, N-M, Moolman at Shoprite. And then we will come back to you what we did not cover. It's just not -- it's too complex and too wide to explain all of it at once.

But to put in context very quickly, if I add MediRite's pharmacies, it will be over 3,000 outlets, 147,000 employees. You will remember that we have discontinued or sold the 50% part of the Hungry Lion business. That has reduced the overall count

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