Massbuild is part of the Massmart Group and operates the four brands Builders
Warehouse, Builders Superstore, Builers Trade Depot and Builders Express.
Comparable sales growth came to 4.4 per cent. In the South African stores the
growth in contractors’ sales was higher than 6.1 per cent, whilst the growth in
sales to retail customers was lower. The company explained this with the
statement that some economic pressure is still being felt by upper-income
customers. Online sales grew “significantly”, according to an interim
report. The total sales growth of stores outside South Africa amounted to 6.1
per cent calculated in rand (ZAR).
Source: DIY International