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Further trading statement in respect of the 52 weeks ended 25 June 2023

Published: 2023-08-22 08:05:39 ET
<<<  go to JSE:WHL company page
Woolworths Holdings Limited
(Incorporated in the Republic of South Africa)
Registration number 1929/001986/06
LEI: 37890095421E07184E97
Share code: WHL
Share ISIN: ZAE000063863
Bond Company code: WHLI
(‘the Group’, ‘the Company’)

FURTHER TRADING STATEMENT IN RESPECT OF THE 52 WEEKS ENDED 25 JUNE 2023

Shareholders and noteholders are referred to the announcement released on the Stock Exchange News Service
(‘SENS’) on 28 July 2023, wherein the Group advised that Earnings per share (‘EPS’), Headline EPS (‘HEPS’) and
adjusted diluted HEPS (‘adHEPS’) for the Total Group (which includes a nine‐month contribution from David Jones
in the current year, versus a full 12‐month contribution in the prior year) was expected to be 20% higher than
that reported for the prior year.

The Group advises that EPS, HEPS and adHEPS for the Total Group for the 52 weeks ended 25 June 2023 (‘current
year’) are expected to be within the ranges reflected in the table below.

                                  Total Group
             26 June 2022         25 June 2023      25 June 2023
                 reported       expected range    expected range
                   (cents)                  (%)           (cents)
EPS                 387.4       30.0% to 40.0%    503.6 to 542.4
HEPS                398.9       25.0% to 35.0%    498.6 to 538.5
adHEPS              374.9       30.0% to 40.0%    487.4 to 524.9

The guidance provided for EPS, HEPS and adHEPS for Continuing operations for the current year, as reported on
SENS on 28 July 2023, remains unchanged at:

                             Continuing operations
             26 June 2022         25 June 2023     25 June 2023
                 reported       expected range expected range
                   (cents)                 (%)           (cents)
EPS                 365.2       10.0% to 20.0%    401.7 to 438.2
HEPS                368.7       10.0% to 20.0%    405.6 to 442.4
adHEPS              360.2       10.0% to 20.0%    396.2 to 432.2

The information contained in this announcement is presented in accordance with the JSE Listings Requirements
and has not been reviewed or reported on by the Company’s external auditors.

Contact:
ZaidManjra@woolworths.co.za (Interim Chief Financial Officer)
JeanineWomersley@woolworths.co.za (Investor Relations)
InvestorRelations@woolworths.co.za


                                                                                                             1
Cape Town

22 August 2023

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