Page 198 - SHBe20.vp

JSE – PIC Profile’s Stock Exchange Handbook: 2020 – Issue 2
POSTAL ADDRESS: PO Box 23087, Claremont, Cape Town, 7735
Pick n Pay Stores Ltd. EMAIL: demuller@pnp.co.za
WEBSITE: www.picknpayinvestor.co.za
PIC
TELEPHONE: 021-658-1000 FAX: 021-797-0314
COMPANY SECRETARY: Debra Muller
TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
SPONSOR: Investec Bank Ltd.
AUDITORS: Ernst & Young Inc.
BANKERS: Absa Bank Ltd., First National Bank of SA Ltd.
SEGMENTAL REPORTING as at 3 Mar 19 (asa%of Liabilities)
ISIN: ZAE000005443 SHORT: PICKNPAY CODE: PIK South Africa 96.52%
REG NO: 1968/008034/06 FOUNDED: 1967 LISTED: 1968 Rest of Africa 3.48%
CALENDAR Expected Status
NATURE OF BUSINESS: Next Final Results 12 May 2020 Confirmed
The Pick n Pay Group is one of Africa’s largest and most consis- Annual General Meeting Jul 2020 Unconfirmed
tently successful retailers, with 1 800 stores (1 056 corporate Next Interim Results Oct 2020 Unconfirmed
and 744 franchise). In addition, it has 58 supermarkets in CAPITAL STRUCTURE AUTHORISED ISSUED
Zimbabwe through its investment in TM Supermarkets. PIK Ords 1.25c ea 800 000 000 493 450 321
Pick n Pay branded businesses include Hypermarkets, Super- DISTRIBUTIONS [ZARc]
markets, Clothing, Liquor, Express and Pharmacies. Ords 1.25c ea Ldt Pay Amt
Non-Pick n Pay branded businesses include Boxer Superstores Interim No 103 3 Dec 19 9 Dec 19 42.80
4 Jun 19
10 Jun 19
and a 49% shareholding in TM Supermarkets in Zimbabwe. Final No 102 4 Dec 18 10 Dec 18 192.00
Interim No 101
39.10
Pick n Pay has a footprint in South Africa, Namibia, Eswatini, Final No 100 5 Jun 18 11 Jun 18 155.40
Botswana,Lesotho,Zambia and Zimbabwe. LIQUIDITY: Apr20 Ave 7m shares p.w., R481.1m(75.3% p.a.)
SECTOR: Consumer Srvcs—Retail—Food&Drug—Food FOOR 40 Week MA PICKNPAY
MAJOR ORDINARY SHAREHOLDERS as at 03 Mar 2019
8270
Ackerman Investment Holdings (Pty) Ltd. 25.30%
Public Investment Corporation 11.40% 7540
Coronation Asset Management 3.40%
FINANCIAL STATISTICS 6810
(R million) Sep 19 Mar 19 Feb 18 Feb 17 Feb 16
Interim Final(rst) Final(rst) Final(rst) Final(rst) 6081
Turnover 43 209 88 293 80 524 77 486 72 445
5351
Trading Profit 1 188 3 055 1 820 1 736 1 516
NetIntPd(Rcvd) 649 1 281 147 93 56 4621
2015 | 2016 | 2017 | 2018 | 2019 |
Tax 151 464 472 461 408
Att Inc 387 1 445 1 296 1 216 1 065 Recent Announcements
TotCompIncLoss 248 1 167 1 250 1 121 1 140 Wednesday, 22 April 2020: Shareholders are advised that Pick n Pay
Hline Erngs-CO 434 1 428 1 312 1 247 1 073 plans to release its annual financial result for the 52 weeks ended
Fixed Ass 6 299 6 189 6 054 5 584 4 951
Inv in Assoc 50 184 366 310 286 1 March 2020 on SENS before the market opens on Tuesday, 12
Inv & Loans 99 102 79 85 96 May2020.Aliveonlineresultpresentationwillfollowat9:30am.
Def Tax Asset 845 823 195 218 225 All interested stakeholders are invited to watch the live webcast
Tot Curr Ass 12 445 11 771 10 622 9 946 9 069 which can be accessed using the following link:
Ord SH Int 2 322 2 957 4 024 3 856 3 702 www.corpcam.com/PicknPay12052020
LT Liab 14 256 13 765 1 665 1 497 1 332 Theslidesaccompanying theliveresultpresentationwillbe
Tot Curr Liab 16 312 15 423 13 292 12 439 11 279 available on the Pick n Pay Investor Relations website at
PER SHARE STATISTICS (cents per share) www.picknpayinvestor.co.za, shortly before the commencement
EPS (ZARc) 81.31 327.20 273.64 256.67 219.11 of the presentation on 12 May 2020.
HEPS-C (ZARc) 91.28 326.71 276.98 264.35 224.04 Aplayback of the webcast will be made available on the Pick n Pay
Pct chng p.a. - 44.1 18.0 4.8 18.0 26.4 website approximately 2 hours after the presentation.
Tr 5yr av grwth % - 17.1 20.3 12.7 6.6
DPS (ZARc) 42.80 231.10 188.80 176.30 149.40 Pick n Pay interim results 1 September 2019 - Tuesday, 22 October
Pct chng p.a. - 22.4 7.1 18.0 26.5 2019: Turnover for the interim period increased to R43.209
Tr 5yr av grwth % - 20.4 17.9 9.3 4.1 billion (2018: R41.244 billion), gross profit rose to R8.560
NAV PS (ZARc) 636.70 1 056.30 966.20 922.00 869.40 billion (2018: R7.740 billion), trading profit climbed to R1.188
3 Yr Beta 0.62 0.93 0.94 1.22 0.62 billion (2018: R1.056 billion), profit for the period was higher at
Price High 7 412 8 209 7 606 8 424 7 000 R386.8 million (2018: R382.6 million), while headline earnings
Price Low 5 448 6 228 5 460 5 525 4 850 per share grew by 17.5% to 91.28 cents per share (2018: 77.67
Price Prd End 5 780 6 913 7 428 6 969 5 614 cents per share).
RATIOS
Dividend
Ret on SH Fnd 33.34 48.85 32.22 31.54 28.78 The Board declared an interim dividend of 42.80 cents per share,
Ret On Tot Ass 3.35 6.03 9.95 10.25 9.84
Oper Pft Mgn 2.75 3.46 2.26 2.24 2.09 up 9.5% on last year, in line with the growth in comparable
D:E 7.30 5.71 0.97 0.87 0.51 headline earnings per share (excluding the impact of hyperinfla-
Int Cover 1.83 2.40 12.23 18.26 26.45 tion accountingin respect of the Group’s 49% investment in TM
Current Ratio 0.76 0.76 0.80 0.85 0.80 Supermarkets in Zimbabwe).
Div Cover 1.90 1.50 1.50 1.50 1.50 Wednesday, 25 September 2019: Pick n Pay will hold a webcast
NUMBER OF EMPLOYEES: 53 600 briefing for shareholders and analysts at 09:00 on 25 September
DIRECTORS: Ackerman J G, 2019ontheGroup’sadoptionofthenewInternationalFinancial
Ackerman-Berman S D, Friedland D (ind ne),
HermanHS(ld ind ne), Jakoet A (ne), Reporting Standard IFRS 16: Leases (IFRS 16).
Mathole A (ind ne), MothupiAM(ind ne), The briefing will provide stakeholders with a summary of IFRS
Robins D (ne, German), van Rooyen J (ind ne), 16 and, using the Group’s published 2019 financial statements,
Ackerman G M (Chair, ne), Brasher R (CEO),
van RensburgRSJ (CIO), Olivier L (CFO) will detail the implications for the Group’s future financial state-
POPULAR BRAND NAMES: Pick n Pay ments and key performance metrics. IFRS 16 is an accounting
Clothing, Pick n Pay Express, Pick n Pay Hyper, Scan the QR code to change. The standard has no impact on the Group’s underlying
Pick n Pay Liquor, Pick n Pay Local, Pick n Pay visit our website economic model, the fundamentals of the Group’s performance,
Online, Pick n Pay Pharmacy, Pick n Pay Spaza, its revenues or cash flows.
Pick n Pay Supermarkets, Boxer, Boxer Build, Boxer Liquor, Boxer Punch,
Boxer Superstores, TM Supermarkets
194