date:Apr 30, 2014
nt in 2014 from 19 percent.
Maher also cut the like-for-like sales growth outlook to 5-6 percent from 5.5-6.5 percent, while confirming a core profit, or EBITDA margin forecast of 8 percent.
He said the company aimed to open eight hypermarkets, of which three had already opened, and five supermarkets this year, resulting in an around 14 percent increase in its selling space.
The track record of our openings of the last 18 months has not been what we'd like. We are looking at making sure that