Investor Presentaiton
Retail: Q2 2023/24
Supermarket business
Q2 Earnings Update:
John
Keells
Group
Key performance
2022/23
2023/24
(Rs. mn)
indicators (%)
Q2
Q3
Q4
Q1
Q2
Q2
2023/24
Q2
2022/23
Same store sales
EBITDA
1,983
1,963
73.7
40.6
30.1
22.8
10.4
growth
Same store footfall
76.9
11.1
0.1
14.8
10.6
growth
Average basket
(1.8)
26.5
30.0
7.0
(0.2)
value growth
EBITDA
1,671
1,987
1,986
1,740
1,750
(Rs. Million)
EBITDA margin
6.9
7.7
7.9
6.3
6.4
The Supermarket business recorded a strong
performance in revenue during the quarter,
with same store sales recording an
encouraging growth of 10%, driven by
customer footfall growth of 11%.
The increase in revenue coupled with the
benefits accruing from various productivity
and cost efficiency initiatives and supplier
negotiations drove the improvement in
EBITDA.
The Office Automation business recorded an
increase in mobile phone sales volumes.
One outlet opened during the quarter, increasing the total outlet footprint as at 30 September
2023 to 132 outlets.
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