Pick n Pay’s CEO Richard Brasher says he is pleased with the progress that the retailer has made since he took over at the helm three years ago, but that there is more to be done and he plans to be there to do it. In the six months to end-August, the retailer reported headline earnings per share of 82.43c, which were 23.7% higher compared with the year before. Turnover rose 7.2% to R37.4bn, while trading profit increased 19.7% to R554.1m. The board declared an interim dividend of 29.9c per share for the period.
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