Our integrated divisions comprise interests in:
The integrated business model of sourcing and manufacturing products in low‑cost locations and retailing them in developed markets has underpinned the group’s growth since its listing on the JSE Limited in 1998. The retail operations are positioned towards price‑conscious (value) consumer segments, providing customers with affordable products through the group’s vertically integrated supply chain.Close
With reference to STAR’s Pre-listing Statement dated 4 September 2017 (“Pre-listing Statement”) and the announcements released on 23 August 2017 and 4 September 2017, regarding the private placement by way of an offer for subscription by the Company of its ordinary shares.
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For further information relating to the Steinhoff Africa Retail Limited (STAR) listing (including pre-listing statement), please refer to the STAR website at
Shareholders are referred to the Notice of the Annual General Meeting of the Company, to be held on 14 March 2017 (“AGM Notice”). In this regard, the AGM Notice contains a proposal to determine the final dividend of 3 Euro cents per Steinhoff ordinary share (the “Dividend”), which if approved by the shareholders of Steinhoff International Holdings N.V. (the “Company” or “Steinhoff”), will be paid on 20 March 2017.
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Three months ended 31 December 2016
The Steinhoff group performed well during the first quarter of its 2017 financial year with growth momentum continuing in line with management expectations. Group revenue in Q1FY17 increased by 45% to €5.3 billion.