Mr. Price Group Limited Final Results

Mr. Price Group Limited Final Results

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Summary

Due to the COVID-19 pandemic, a national state of disaster was announced by government on 15 March 2020 and a national lockdown was implemented from 27 March 2020 until 30 April 2020. The enforcement of the lockdown period has been guided by varying levels of restrictions in order to encourage social distancing and to slow the spread of the virus, which has created unprecedented operational disruption and signicant uncertainty. The group has taken additional impairment
provisions on stock, its debtors’ book and insurance claims. Its associates and stakeholders have worked tirelessly to minimise the impact on performance and to safeguard the future of the business. 

Source: Mr. Price Group

Published: 2020

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