reviewed preliminary group results for the year ended 31 August 2007

New Clicks has delivered a strong trading, operational and financial performance as the group continues to make encouraging progress towards achieving its medium-term performance targets.

The focus on working capital management saw the group generate cash of R420 million after repurchasing shares of R558 million and continuing to invest for long-term growth across its businesses.



           
turnover up  operating
profit up
  diluted headline
EPS up
  distribution per
share up
  return on equity
increases to
12.0%
 
35.8%
 
45.1%
 
45.2%
 
24.7%