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Restructuring costs weigh on Massmart's H1 profit

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Massmart's reported its first half numbers today - delivering a drop of just over 42% in headline earnings.

This as restructuring costs and a tough trading environment weighed.

Sales for the period have come in flat at 41.7 billion rand.

Massmart's CEO, Guy Hayward joined Business Day TV on the line to discuss what these numbers mean for the company's strategy going forward.
23 Aug 2018 6AM English South Africa Business · Business News

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