"With the coming change in Massmart's financial year-end‚ the next reporting period will be the 26-week "financial year" to December 2012‚" the company said.
It added that sales and gross margins were expected to grow satisfactorily‚ although cost pressures would remain.
"Currently we expect no improvement in the group's net trading margin for either the 26-weeks to December 2012 or for the year to December 2013. Beyond the next 18 months‚ we believe the group is well positioned for strong growth‚ in both sales and profits‚" Massmart added.
For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.
We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.
Go to: http://www.inet.co.za
