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Last €7.44 EUR
Change Today -0.307 / -3.96%
Volume 0.0
LXP1 On Other Exchanges
As of 3:51 PM 11/25/15 All times are local (Market data is delayed by at least 15 minutes).

massmart holdings ltd (LXP1) Snapshot

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52 Week High
01/26/15 - €13.55
52 Week Low
09/29/15 - €6.39
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massmart holdings ltd (LXP1) Details

Massmart Holdings Limited offers consumer goods retail and wholesale services in Africa. It operates through four divisions: Massdiscounters, Masswarehouse, Massbuild, and Masscash. The Massdiscounters division operates discount retail stores that offer general merchandise, and non-perishable and dry groceries for home, leisure, and business use under the Game name; and DionWired stores, which sell consumer electronics and appliances. The Masswarehouse division operates warehouse stores that sell general merchandise primarily to retail customers; and food and liquor to wholesale customers under the Makro brand name. The Massbuild division operates large DIY and home improvement stores under the Builders Warehouse brand; a chain of smaller neighbourhood home and garden improvement stores under the Builders Express and Builders Superstore brand; and a chain of building contractor outlets under the Builders Trade Depot brand. The Masscash division engages in the wholesale of food, liquor, groceries, and cosmetics; and operation of retail food outlets. This division operates CBW, Jumbo Cash and Carry, Trident, and Shield whilst stores. The company operates 392 stores in 12 countries in sub-Saharan Africa. The company was founded in 1990 and is headquartered in Sandton, South Africa. Massmart Holdings Limited operates as a subsidiary of Wal-Mart Stores Inc.

47,209 Employees
Last Reported Date: 04/29/15
Founded in 1990

massmart holdings ltd (LXP1) Top Compensated Officers

Chief Executive Officer, Executive Director, ...
Total Annual Compensation: R10.4M
Compensation as of Fiscal Year 2014.

massmart holdings ltd (LXP1) Key Developments

Massmart Holdings Limited Reports Sales Results for the Forty Five Weeks Ended November 8, 2015

Massmart Holdings Limited reported sales results for the forty five weeks ended November 8, 2015. For the period, the company's total sales increased to ZAR 69.8 billion, representing growth of 8.7%, and comparable store sales increased by 7.0%. Product inflation for the period is estimated at 3.1%.

Massmart Holdings Limited Announces Resignation of Shelley Broader as Non-Executive Director with Effect from November 09, 2015

The board of directors of Massmart Holdings Limited announced the resignation of Mrs. Shelley Broader as a non-executive director with effect from 9 November 2015.

Massmart Holdings Limited Appoints Raboijane (Moses) Kgosana as Independent Non-Executive Director

The Massmart board of directors announced the appointment of Raboijane (Moses) Kgosana as an Independent Non-Executive Director with effect from September 1, 2015. Moses will also be a member of the Company's Audit and Risk Committees. Moses is well known in the South African market and is the former Chief Executive and Senior Partner of KPMG South Africa and Chairman of KPMG Africa. He is currently Executive Chairman of his own property investment company, Peduco Properties Investments Proprietary Limited.


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