Cashbuild (CSB) Results Snapshot 1H22

Diluted HEPS decreased to 1 128.5cps (-26.7% y-y). Turnover growth dropped to -12% y-y. GPM improved by 20bps y-y to 26.6%. Dividends of 587cps (LY: 724cps). Expense to sales ratio increased from 18.1% to 20.0%. OPM declined from 8.6% to 8.4%. 25 Cashbuild stores and 3 P&L Hardware stores that were looted have since been reopened. (36 stores were impacted by the unrest)