Edcon: News and Media

Latest Press Releases

Edcon reports strong sales and consistent earnings growth for the quarter ended 31 December
23 February 2012
Edcon achieved strong growth during the quarter ended 31 December 2011, further consolidating gains achieved earlier in the financial year.....
Edcon reports strong sales	...read more
Appointment of New Edcon CFO and Board Member
17 January 2012
Edcon wishes to advise bondholders that Mark Richard Bower will be appointed ‘Deputy Chief Executive and Chief Financial Officer’ and a member of the Board of Edcon Holdings (Proprietary) Limited with effect from 1st July 2012....
Appointment of New Edcon CFO and Board Member	...read more
Edcon reports solid growth
23 August 2011
Edcon reported improved results for the quarter ending 2 July 2011, continuing its growth trajectory. Adjusted EBITDA increased 12.4% to R908 million for the quarter. Total retail sales rose 7.3%, with comparable same store sales....
Edcon reports solid growth	...read more
Edcon consolidation, business transformation programme delivers improved year end results
06 June 2011
Edcon’s annual results indicate improved performance across the group, principally resulting from ongoing business transformation initiatives. These include a focus on merchandising execution....
Edcon consolidation, business transformation programme delivers improved year end results	...read more

Latest News Articles

Edcon wins World Cup retail deal
22 November 2007
Business Report Edgars Consolidated Stores (Edcon) had been appointed the official operator for 2010 Fifa World Cup stores in South Africa, the global soccer body announced yesterday. Click here to read the full article on Business ...
...read more
Bain wraps up Edcon takeover
17 April 2007
Johannesburg (Business Report) The US's Bain Capital yesterday completed the biggest private equity deal in South Africa when shareholders of Edgars Consolidated Stores (Edcon) narrowly voted for the R25 billion buyout. Click here to read the full ...
...read more
Bain snares retail jewel Edcon on landslide vote
17 April 2007
Business DayPRIVATE equity raiders circling some of SA's prized listed companies snared their most valuable trophy yesterday when Edcon shareholders voted overwhelmingly in favour of a R25bn takeover bid from US equity giant Bain Capital. ...
...read more