UNAUDITED HALF-YEAR RESULTS for the six months ended 31 March 2017

Results and reports – Half year results

Results presentation: 7 JUNE 2017


Live webcast on Wednesday 7 June 2017 at 03:00 pm CEST.
To view the webcast log in here.

The Steinhoff group delivered a solid
set of results

In our second year since listing on the Frankfurt Stock Exchange, we are focused on the implementation and bedding down of recent strategic acquisitions, while the organic performance of the business remained solid.

For the six months ended 31 March 2017, the Steinhoff group delivered a solid set of results supported by a resilient discount market as well as strong leadership and execution from our decentralised management teams.

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Revenue (€m) 10 165 6 889 48% 
Operating profit1 (€m) 903 797 13% 
Diluted weighted average number
of shares in issue (m)
4 677 4 051 15% 
Diluted sustainable earnings per share (c) 2 15.5 16.0 (3%)
Cash flow conversion ratio3 101% 70% 44%
Net asset value per share (c) 371 324 15% 

1 Before capital items

2 Diluted sustainable earnings per share is calculated using diluted earnings per share as determined by IAS 33 Earnings per Share, and then excluding specific capital items, net of related taxation and related non-controlling interests. This number is required to be reported by the Johannesburg Stock Exchange, where the group has its secondary listing, and is defined by Circular 2/2015 Headline Earnings.

3 Cash generated from operations/operating profit.



Results booklet

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Presentation slides

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