BRIEF-Woolworths Holdings HY HEPS 261.1 Cps On Post IFRS 16 Basis

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BRIEF-Woolworths Holdings HY HEPS 261.1 Cps On Post IFRS 16 Basis
Credit: © Reuters.

Feb 25 (Reuters) - Woolworths (ASX: WOW ) Holdings Ltd WHLJ.J :

* JSE: WHL - WHL03 - SUMMARY OF THE UNAUDITED INTERIM GROUP RESULTS FOR THE 26 WEEKS ENDED 27 DECEMBER 2020

* WOOLWORTHS HOLDINGS - NO INTERIM DIVIDEND DECLARED

* WOOLWORTHS HOLDINGS - HY TURNOVER AND CONCESSION SALES +5.3% TO R43.0 BILLION

* WOOLWORTHS HOLDINGS - TRADING ENVIRONMENT IS CHALLENGING AND UNCERTAIN AND IS EXPECTED TO REMAIN SO THROUGHOUT SECOND HALF OF YEAR

* WOOLWORTHS HOLDINGS - HY HEPS +58.3% TO 261.1 CPS ON POST IFRS 16 BASIS

* WOOLWORTHS HOLDINGS - ECONOMIC OUTLOOK FOR SOUTH AFRICA IS BLEAK

* WOOLWORTHS HOLDINGS - REMAIN FOCUSED ON OTHER ELEMENTS OF OUR STRATEGIC PRIORITIES, INCLUDING REPOSITIONING OF FBH

* WOOLWORTHS HOLDINGS - IN AUSTRALIA, ECONOMIC FUNDAMENTALS ARE STRONGER AND MORE SUPPORTIVE OF AN EARLIER RECOVERY IN ECONOMIC ACTIVITY

* WOOLWORTHS HOLDINGS - IS IN BEST INTERESTS OF CO FOR DISTRIBUTIONS TO REMAIN SUSPENDED

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