WATCH: How lockdown weighed on Pick n Pay
Pick n Pay CFO Lerena Olivier talks to Business Day TV about the company’s interim performance
Lockdown trading restrictions weighed on Pick n Pay’s half-year performance.
The retailer’s headline earnings per share more than halved, and it has slashed its dividend by 56%.
However, there was a spike in online sales during the period, and the company is looking to broaden its offering with the planned purchase of delivery app Bottles.
Business Day TV spoke to Pick n Pay CFO Lerena Olivier for more on the numbers and the pending acquisition.
Pick n Pay CFO Lerena Olivier talks to Business Day TV about the company's numbers and the pending acquisition
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