Page 190 - Profile's Stock Exchange Handbook 2020 Issue 4

JSE – PIC Profile’s Stock Exchange Handbook: 2020 – Issue 4
WEBSITE: www.picknpayinvestor.co.za
Pick n Pay Stores Ltd. TELEPHONE: 021-658-1000 FAX: 021-797-0314
PIC 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 1 Mar 20 (asa%of Liabilities)
South Africa 97.19%
ISIN: ZAE000005443 SHORT: PICKNPAY CODE: PIK Rest of Africa 2.81%
REG NO: 1968/008034/06 FOUNDED: 1967 LISTED: 1968
CALENDAR Expected Status
NATURE OF BUSINESS: Next Interim Results Oct 2020 Unconfirmed
The Pick n Pay Group is one of Africa’s largest and most consis- Next Final Results May 2021 Unconfirmed
tently successful retailers, with 1 866 stores (1 092 corporate Annual General Meeting Aug 2021 Unconfirmed
and 774 franchise). In addition, it has 59 supermarkets in
Zimbabwe through its investment in TM Supermarkets. Pick n CAPITAL STRUCTURE AUTHORISED ISSUED
Pay branded businesses include Hypermarkets, Supermarkets, PIK Ords 1.25c ea 800 000 000 493 450 321
Clothing, Liquor, Express and Pharmacies. Non-Pick n Pay
branded businesses include Boxer Superstores and a 49% DISTRIBUTIONS [ZARc]
shareholding in TMSupermarkets in Zimbabwe. Pick n Pay has Ords 1.25c ea Ldt Pay Amt
42.80
9 Dec 19
a footprint in South Africa, Namibia, Eswatini, Botswana, Interim No 103 3 Dec 19 10 Jun 19 192.00
4 Jun 19
Final No 102
Lesotho, Zambia and Zimbabwe.
Interim No 101 4 Dec 18 10 Dec 18 39.10
SECTOR: Consumer Srvcs—Retail—Food&Drug—Food Final No 100 5 Jun 18 11 Jun 18 155.40
MAJOR ORDINARY SHAREHOLDERS as at 01 Mar 2020 LIQUIDITY: Sep20 Ave 10m shares p.w., R550.3m(101.0% p.a.)
Newshelf 1321 (Pty) Ltd. 25.30%
Government Employees Pension Fund 13.00% FOOR 40 Week MA PICKNPAY
GIC Private Ltd. 3.50% 8270
FINANCIAL STATISTICS
(R million) Mar 20 Mar 19 Feb 18 Feb 17 Feb 16 7463
Final Final(rst)* Final(rst) Final(rst) Final(rst)
6656
Turnover 89 282 88 293 80 524 77 486 72 445
Trading Profit 3 148 3 055 1 820 1 736 1 516 5850
NetIntPd(Rcvd) 1 300 1 281 147 93 56
Tax 541 464 472 461 408 5043
Att Inc 1 195 1 445 1 296 1 216 1 065
TotCompIncLoss 1 157 1 167 1 250 1 121 1 140 4236
2015 | 2016 | 2017 | 2018 | 2019 | 2020
Hline Erngs-CO 1 371 1 428 1 312 1 247 1 073
Fixed Ass 6 622 6 189 6 054 5 584 4 951 Recent Announcements
Inv in Assoc 50 184 366 310 286 Tuesday, 04 August 2020: Shareholders are advised that the Annual
Inv & Loans 87 102 79 85 96
Def Tax Asset 753 785 590 593 554 General Meeting (AGM) of Pick n Pay was held on 4 August
Tot Curr Ass 12 887 11 771 10 846 9 938 9 062 2020andalltheordinaryandspecialresolutionsproposed atthe
Ord SH Int 3 010 3 035 2 940 2 798 2 739 AGM were approved by the requisite majority. The following in-
LT Liab 14 192 13 649 13 193 12 288 10 529 formation is provided:
Tot Curr Liab 16 304 15 423 14 747 12 402 11 253 Total issued number of ordinary shares: 493 450 321
PER SHARE STATISTICS (cents per share) Treasury shares not voted: 11 308 318
EPS (ZARc) 250.90 304.04 273.64 256.67 219.11 Number of ordinary shares that could have been voted at the
HEPS-C (ZARc) 287.89 300.58 245.50 234.80 165.80
Pct chng p.a. - 4.2 22.4 4.6 41.6 13.4 meeting: 482 142 003
Tr 5yr av grwth % 12.2 20.2 18.4 11.4 - Number of B ordinary shares that could have been voted at the
DPS (ZARc) 42.80 231.10 188.80 176.30 149.40 meeting: 259 682 869
Pct chng p.a. - 81.5 22.4 7.1 18.0 26.5 Total number of shares that could have been exercised at the
Tr 5yr av grwth % - 1.5 20.4 17.9 9.3 4.1 meeting: 741 824 872
NAV PS (ZARc) 776.20 786.70 738.10 698.30 668.40 Total number of share present/represented including proxies at
3 Yr Beta 0.72 0.93 0.94 1.22 0.62
Price High 7 412 8 209 7 606 8 424 7 000 the meeting:
Price Low 5 155 6 228 5 460 5 525 4 850 Numberofordinarysharesrepresentedatthemeeting:404518245
Price Prd End 5 524 6 913 7 428 6 969 5 614 Number of B shares represented at the meeting: 259 682 869
RATIOS Percentage of ordinary shares represented at the meeting:
Ret on SH Fnd 39.69 47.60 44.09 43.46 38.90 81.98%
Ret On Tot Ass 3.57 4.20 5.98 10.25 9.64 Percentage of B shares represented at the meeting: 100.00%
Oper Pft Mgn 3.53 3.46 3.39 3.17 2.64
D:E 10.13 9.58 9.50 8.82 7.95 Tuesday, 04 August 2020: ThePicknPayGroup hasmadeexcellent
Int Cover 2.42 2.30 12.23 18.26 26.45 progress in delivering the objectives set out in its long-term plan
Current Ratio 0.79 0.76 0.74 0.80 0.81 to build a more effective, agile and profitable business, closely
Div Cover 5.86 1.50 1.50 1.50 1.50 attuned to the needs of its customers.
*53 weeks to 3 March 2020 Over the past four months, this has enabled us to play a vital role
NUMBER OF EMPLOYEES: 53 600 as one of South Africa’s essential services during the National
DIRECTORS: Ackerman J G,
Ackerman-Berman S D, Bhorat H I (ind ne), State of Disaster, supplying millions of customers with the food
Cassim M (ind ne), Friedland D (ind ne), and groceries they need during the nationwide lockdown. In a
Herman H S (ld ind ne), Jakoet A (ne), highly disruptive environment, Pick n Pay and Boxer stores
Mothupi A M (ind ne), Robins D (ne, German), across the country have maintained the highest possible
van der Merwe Miss A (ne), van Rooyen J (ind ne),
Ackerman G M (Chair, ne), Brasher R (CEO), standards of hygiene and safety, operational stability across our
van Rensburg R S J (CIO), Olivier L (CFO) Scan the QR code to businessandnetwork,andveryhighlevelsofproductavailability.
POPULAR BRAND NAMES: Pick n Pay visit our Investor Consumer spending on core food and groceries has remained
Clothing, Pick n Pay Express, Pick n Pay Hyper, Centre resilient over the past four months, despite the physical disrup-
Pick n Pay Liquor, Pick n Pay Local, Pick n Pay
Online, Pick n Pay Pharmacy, Pick n Pay Spaza, Pick n Pay Supermarkets, tion and the substantial financial pressure that the COVID-19
Boxer, Boxer Build, Boxer Liquor, Boxer Punch, Boxer Superstores, TM pandemic has placed on most households.
Supermarkets
POSTAL ADDRESS: PO Box 23087, Claremont, Cape Town, 7735
EMAIL: demuller@pnp.co.za
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