22 Jul - 3 min read

Fourth quarter operational update - FY 2021

Fourth quarter operational update - FY 2021

(Registration number: 1986/001503/06)
(Incorporated in the Republic of South Africa)
JSE share code: CSB                     ISIN: ZAE000028320
(“Cashbuild” or “the Group”)


Cashbuild herewith provides its voluntary quarterly operational update.

Revenue for the fourth quarter for the Cashbuild Group was up 38% on the fourth quarter of the prior financial
year (“the comparative period”) which was impacted by Covid-19 hard lockdown. The 298 existing stores’
revenue increased by 36% and the 21 new stores contributed 2% of the growth. The growth for the fourth
quarter together with the growth of the previous quarters, equates to an increase in revenue for the Cashbuild
Group of 25% for the financial year ended 27 June 2021 (“the financial year”), with new stores contributing
2% of the increase and existing stores increasing 23%.

Transactions through the tills during the fourth quarter for the Cashbuild Group increased by 23% to that of the
comparative period, with new stores contributing 2% of the increase and existing stores increasing by 21%.

A revenue performance breakdown per operating segment is reflected in the following table:

Revenue performance 4th Quarter FY2021 versus 4th Quarter FY2020

Operating Segment                                     Percentage of         Total        New    Existing
                                                      Total Revenue             %          %           %

Cashbuild South Africa                      Half Year            80            24          3          21
                                               Q3                81            25          1          24
                                               Q4                81            43          3          40
                                            Full Year            80            28          2          26

Cashbuild Common Monetary Areas             Half Year             6            28          1          27
                                               Q3                 6            21          3          18
                                               Q4                 6            29          5          24
                                            Full Year             6            26          2          24

Cashbuild Other *                           Half Year             4            19          -          19
                                               Q3                 5            19         (1)         20
                                               Q4                 5            32          -          34
                                            Full Year             5            22          -          22

P&L Hardware South Africa                   Half Year            10             4          3           1
                                               Q3                 8            (5)         3          (8)
                                               Q4                 8            10          3           7
                                            Full Year             9             3          3           -

Total Group                                 Half Year           100            21          2          19
                                               Q3               100            21          2          19
                                               Q4               100            38          2          36
                                            Full Year           100            25          2          23
*Botswana, Malawi and Zambia

Selling inflation was 7.4% at the end of June 2021 when compared to June 2020 mainly driven by
extraordinary steel related product price increases.

During the fourth quarter the Group opened three Cashbuild stores, closed one Cashbuild store at the
expiration of its lease agreement and refurbished 16 Cashbuild stores, bringing the total number of stores
trading at the end of the financial year to 319.

A store breakdown by segment is reflected in the following table:

Number of stores – end of financial    Percentage    Total     New    Existing
year                                     of total

Cashbuild South Africa                         73      232      14         218
Cashbuild Common Monetary Areas                 6       18       2          16
Cashbuild Other *                               4       13       1          12
Cashbuild DIY Pilot stores                      -        1       -           1
P&L Hardware South Africa                      17       55       4          51
Total Group                                   100      319       21        298

*Botswana, Malawi and Zambia

The information contained in this operational update has not been reviewed or reported on by Cashbuild’s

22 July 2021

Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 22-07-2021 12:00:00
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