Less Ads, More Data, More Tools Register for FREE

Pin to quick picksJDS.L Regulatory News (JDS)

  • There is currently no data for JDS

Interim Management Statement

6 Nov 2013 09:07

RNS Number : 3281S
Dairy Farm International Hldgs Ltd
06 November 2013
 



To: Business Editor For immediate release

 

The following announcement was issued today to a Regulatory Information Service approved by the Financial Conduct Authority in the United Kingdom.

 

DAIRY FARM INTERNATIONAL HOLDINGS LIMITED

Interim Management Statement

 

6th November 2013 - Dairy Farm International Holdings Limited has today issued its Interim Management Statement covering the period from 1st July to 5th November 2013.

 

Sales growth was achieved in most of the Group's major businesses during the period under review, although cost pressures and margin investment in certain businesses led to earnings continuing to be slightly lower than in the previous year.

 

Satisfactory sales and profit growth were seen in the Group's Health and Beauty businesses, IKEA operations and restaurant associate, Maxim's. Overall, the Food businesses recorded lower profits despite an increase in sales. Wellcome and 7-Eleven in Hong Kong performed strongly, but this was offset by escalating costs and margin investment in the Food businesses in Singapore and Malaysia. The Group's results were impacted further on translation by the weaker Malaysian ringgit and Indonesian rupiah exchange rates.

 

The Group opened the fifth IKEA store in Taiwan in early September with encouraging initial trading and is expecting to open its first Guardian health and beauty store in Cambodia by the end of the year.  Maxim's has now opened its third Starbucks store in Vietnam.

 

The Group's financial position remained strong and it held net cash at 31st October 2013.

 

Dairy Farm is a leading pan-Asian retailer. The Group, together with its associates and joint ventures, operate over 5,700 outlets - including supermarkets, hypermarkets, convenience stores, health and beauty stores, home furnishings stores and restaurants - employing over 97,000 people, and had total annual sales in 2012 exceeding US$11 billion. Dairy Farm International Holdings Limited is incorporated in Bermuda and has a premium listing on the London Stock Exchange, with secondary listings in Bermuda and Singapore. It is a member of the Jardine Matheson Group.

 

- end -

 

For further information, please contact:

 

Dairy Farm Management Services Limited

Neil Galloway (852) 2299 1896

 

GolinHarris

Kennes Young (852) 2501 7987

 

 

This and other Group announcements can be accessed through the Internet at 'www.dairyfarmgroup.com'.

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
IMSLIFIALRLRIIV
Date   Source Headline
6th Nov 20139:21 amRNSInterim Management Statement
6th Nov 20139:19 amRNS2013 Third Quarter Financial Statements
6th Nov 20139:17 amRNSInterim Management Statement
6th Nov 20139:10 amRNSInterim Management Statement
6th Nov 20139:09 amRNSInterim Management Statement
6th Nov 20139:07 amRNSInterim Management Statement
31st Oct 201311:06 amRNSTotal Voting Rights
31st Oct 201310:15 amRNSPT Astra 3rd Quarter Results
16th Oct 201310:22 amRNSDirector/PDMR Shareholding
10th Oct 201310:17 amRNSAdditional Listing
2nd Oct 201310:11 amRNSDividend
30th Sep 201310:30 amRNSDividend
4th Sep 201310:12 amRNSCirc re. Scrip Dividend Scheme
2nd Aug 201310:48 amRNSJC&C Half Year Financial Statement
2nd Aug 201310:42 amRNSHalf Yearly Report
2nd Aug 201310:42 amRNSHalf Yearly Report
1st Aug 201310:06 amRNSHalf Yearly Report
1st Aug 201310:06 amRNSHalf Yearly Report
1st Aug 201310:06 amRNSHalf Yearly Report
30th Jul 201310:46 amRNSPT Astra International 2013 Half Year Results
4th Jul 201310:40 amRNSNotice of 2013 Half-Yearly Results
31st May 201310:24 amRNSDirector Declaration
31st May 201310:19 amRNSTotal Voting Rights
22nd May 201310:27 amRNSDirector/PDMR Shareholding
20th May 20137:00 amRNSAdditional Listing
20th May 20137:00 amRNSShares Purchase
16th May 20134:04 pmRNSNon-routine Resolutions
16th May 20133:49 pmRNSResult of AGM
16th May 201312:34 pmRNSInterim Management Statement
10th May 201310:14 amRNSShares Purchase
8th May 201310:38 amRNSDividend
29th Apr 201310:23 amRNSDividend
26th Apr 201310:40 amRNSJC&C 2013 First Quarter Financial Statements
24th Apr 201310:51 amRNSPT Astra 2013 First Quarter Financial Statements
15th Apr 201310:15 amRNSAnnual Financial Report
3rd Apr 201310:14 amRNSCirc re. Scrip Dividend Scheme
27th Mar 20139:11 amRNSDirector Declaration
8th Mar 20139:06 amRNSFinal Results
28th Feb 20139:48 amRNSJC&C 2012 Financial Statements and Dividend
28th Feb 20139:37 amRNSPT Astra 2012 Full Year Financial Statements
8th Feb 20139:15 amRNSNotice of 2012 Final Results
7th Nov 20129:19 amRNSInterim Management Statement
31st Oct 201210:38 amRNSTotal Voting Rights
31st Oct 201210:02 amRNSJC&C Third Quarter Financial Statements
31st Oct 20129:58 amRNSAstra 3rd Quarter Results
10th Oct 201210:14 amRNSDirector/PDMR Shareholding
4th Oct 201210:33 amRNSAdditional Listing
26th Sep 201210:27 amRNSDividend
24th Sep 201210:11 amRNSDividend
29th Aug 201210:09 amRNSCirc re. Scrip Dividend Scheme

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.