Highlights

  • Operating profit increased by 12% to R5.4bn
  • Cash generated from operations increased by 26% to R7.2bn
  • Distribution per share increased to 65 cps
  • NAV per share increased 24%
  • Long-term acquisition finance secured

    Operational review: Steinhoff Europe

    The group delivered a strong financial performance in a challenging market supported by our ongoing focused investments in brands, product, infrastructure and properties.

    Operational review: Steinhoff Africa

    Steinhoff Africa made great strides in firmly establishing the strategic positioning of this group as a diversified industrial group in the year under review.

    Financial review

    We are delighted to report another pleasing set of results as the global economic recovery gathers momentum...
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    Corporate activity

    On 25 January 2011, Steinhoff reached an agreement with PPR to acquire 99.98% of the entire issued share capital of Conforama...
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