The group delivered a
solid performance during
12 months under review.
Steinhoff is pleased to report a 33% increase in revenue to €13.1 billion for the 12 months ended 30 June 2016. Operating profit improved by 32% to €1.5 billion. Group operating margin at 11.3% was similar to the comparative period, notwithstanding the lower margins inherent in the general merchandise category acquired on 31 March 2015.Read more
€1.5bn Operating profit1
29.5c Diluted ADJUSTED earnings per share
|Revenue (€m)||13 059||9 818||33%|
|Operating profit1 (€m)||1 474||1 115||32%|
|Profit for the period1 (€m)||1 186||929||28%|
|Diluted weighted average number
of shares in issue (m)
|4 099||3 269||25%|
|Diluted adjusted earnings per
1 Before capital items
2 Audited results 12 months ended 30 June 2015
3 Diluted adjusted earnings per share is calculated using diluted earnings per share as determined by IAS 33 Earnings per Share, and then excluding specific capital items, net of related taxation and related non-controlling interests. This number is required to be reported by the Johannesburg Stock Exchange, where the group has its secondary listing, and is defined by Circular 2/2015 Headline Earnings.