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Pick n Pay reports double-digit profit growth as turnaround plan pays off

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Retailer, Pick 'n Pay released its interim numbers on Tuesday, posting a near 10% rise in earnings as the group's turnaround strategy pays off helping offset a poor performance in its Rest of Africa division. In the meantime, the company's gross profit margin has advanced to 19.8% from 18.8%.

Business Day TV spoke to Independent Analyst, Syd Vianello for his analysis of Pick 'n Pay's interim performance in context of the country's current retail climate.
22 Oct 2019 2AM English South Africa Business · Business News

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