Quarterly statement for the nine months ended 31 March 2016

Results and reports – Quarterly statement

Quarterly statement
for the nine months ended 31 March 2016

Steinhoff’s positioning as an integrated value and discount retailer remains relevant in the current consumer environment, and this again underscored a solid set of results for the three months ended 31 March 2016 (Q3).

Management is pleased to report that the growth trend reported in Steinhoff’s interim results has continued for the quarter ended 31 March 2016, which traditionally is the slowest trading quarter for the group. For the nine months ending 31 March 2016, revenue increased by 45% to €9.9 billion, while operating profit increased by 46% to €1.1 billion.

Operating margin for the nine months ending 31 March 2016 improved to 11%, notwithstanding the lower margins inherent in the general merchandise category (acquired on 31 March 2015) and kika-Leiner (acquired on 7 December 2015).



Results booklet

Results for the nine months ended 31 March 2016
from continuing operations (9MFY16)

€9.9 billion Revenue

€1.1 billion Operating profit1

GROUP RESULTS
for the nine months ended 31 March 2016
9MFY16 9MFY15 INCREASE 
ACTUAL 
Revenue (€m) 9 929 6 833 45.3% 
Operating profit1 (€m) 1 091 748 45.9% 
Operating margin1 (%) 11.0% 10.9%  
SEGMENTAL REVENUE (€m)
for the nine months ended 31 March 2016
9MFY16 9MFY15 INCREASE 
ACTUAL 
Household goods 6 432 5 783 11.2% 
General merchandise 2 567 n/a 
Automotive 930 1 050 (11.4%)
Total revenue 9 929 6 833 45.3% 

1 Before capital items
2 Including discontinued operations