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Edcon
reports strong sales and consistent earnings growth for the quarter ended 31 December
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23 February 2012
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Edcon achieved strong growth during the quarter ended 31 December 2011, further
consolidating gains achieved earlier in the financial year.....
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Edcon
reports strong sales
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...read
more
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Appointment of New Edcon
CFO and Board Member
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17 January 2012
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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....
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Appointment
of New Edcon CFO and Board Member
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...read more
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Edcon reports
solid growth
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23 August 2011
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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....
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Edcon
reports solid growth
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...read more
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Edcon consolidation,
business transformation programme delivers improved
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06 June 2011
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Edcon’s annual results indicate improved performance across the group, principally
resulting from ongoing business transformation initiatives. These include a focus
on merchandising execution....
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Edcon
consolidation, business transformation programme
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...read more
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Edcon Announces Buy Back of Senior Secured Notes
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11 May 2011
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Edcon (Proprietary) Limited (the “Company”) announces it has purchased €23,740,000
senior secured floating rate notes due 2014 with an additional €14,907,000 due to
be ...
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Edcon Announces Buy Back of Senior Secured Notes
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...read more
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Edcon
Successfully Places ZAR1.01 Billion
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04 April 2011
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Edcon Successfully Places ZAR1.01 Billion Super Senior Secured Notes due 2016.
On Monday (4th April), Edcon raised R1.01-billion through the issue of super senior
secured notes under its newly established ZAR2.5 billion ...
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Edcon Successfully Places ZAR1.01 Billion
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...read
more
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Edcon announces
the offering of R1,000,000,000
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15 March 2011
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Edcon (Proprietary) Limited, a subsidiary of Edcon Holdings (Proprietary) Limited,
announces the offer of R1,000,000,000 Senior Secured Notes due 2016 ...
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Edcon
announces the offering of R1,000,000,000
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...read more
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Edcon prices €500,000,000
9½% Senior Secured Notes due 2018
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23 Febuary 2011
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Edcon (Proprietary) Limited, a subsidiary of Edcon Holdings (Proprietary) Limited,
is pleased to announce the pricing of €500,000,000 9½% Senior Secured Notes due
2018 ...
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Edcon prices
€500,000,000
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...read more
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Edcon continues to deliver performance improvements
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10 Febuary 2011
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Edcon continues to deliver an improvement in performance in the nine months to December
2010, further consolidating the favourable momentum that has ...
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Edcon continues to deliver performance improvements
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...read more
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Edcon announces
succession plan
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28 January 2011
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Edcon announces succession plan – Ross who is retiring becomes Director and Schreiber
is appointed as new CEO ...
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...read more
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Edcon quarterly trading update delivers significant
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24 November 2010
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Edcon quarterly trading update delivers significant improvements in operating performance
- Adjusted EBITDA up 27.6% to R490 million for the quarter ended 3 October 2010
- Retail sales increased by 13.8% to R5,034 ...
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Edcon quarterly trading update delivers significant
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...read more
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Edcon sees direct benefits of cost reduction programmes
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18 February 2010
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Edcon today reported adjusted EBITDA (earnings before interest, tax, depreciation
and amortisation) of R1,340 million for the 13 weeks ended 26 December 2009. This
reflects a decline of 8.8%, from R1,469 million in the same third quarter of ...
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Edcon sees direct benefits of cost reduction programmes
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...read more
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Absa
Capital raises a further R3.3 billion for Edcon
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26 November 2009
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Absa Capital, the investment banking division of Absa Bank Ltd, announced today
that it had raised a further R3.3 billion for Edcon (Pty) Ltd under the OntheCards
Investments receivables securitisation. This follows the successful placing of R1
...
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Absa Capital
raises a further R3.3 billion for Edcon
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...read
more
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Edcon tightens
credit granting, delivers strong cash generation and presents conservative Q2 results
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19 November 2009
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Edcon today reported adjusted EBITDA (earnings before interest, tax, depreciation
and amortisation) of R386 million for the 13 weeks ended 26 September 2009. This
reflects a decline of 38% on the same quarter last year. However cash generated
by ...
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Edcon tightens credit granting
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...read more
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Edcon delivers
solid interim results
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20 November 2010
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Highlights of year-to-date earnings for the six months ending September 2008: Adjusted
EBIDTA (earnings before interest, tax, depreciation and amortisation) of R1.4 billion,
up 8%. Group revenues up 11% to R11.1 billion, with retail sales up ...
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Edcon
delivers solid interim results
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...read more
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Absa Edcon
posts solid first quarter results
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26 November 2009
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Against the backdrop of a difficult trading environment, Edcon reported satisfactory
adjusted EBITDA (earnings before interest, tax, depreciation and amortisation) of
R789 million for the quarter ended 28 June 2008. This reflects growth of 7% on the
...
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Edcon posts solid first quarter results
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...read
more
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Absa Edcon announces
two senior appointments
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02 July 2008
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Edcon announces two senior appointments Christo Claassen and Manogaran Moodley have
been appointed to the positions of CE Discount Stores and Chief Sourcing Officer,
respectively, for Edcon. Claassen has most recently been Edcon's Group Strategic
...
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Edcon announces
two senior appointments
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...read more
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Edcon kicks
off four new store openings in Potchefstroom's Mooi River Shopping Centre with soccer
tournament
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22 April 2008
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Prior to launching four new stores - Edgars, Jet, CNA and Legit - in Potchefstroom,
Edcon ensured it was no ordinary day for the inhabitants of the nearby Ikageng Township
who were treated to a soccer tournament involving schools in the area ...
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Edcon kicks
off four new store oppenings
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...read more
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CNA toys feted at annual toy
awards
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07 November 2007
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CNA, a part of the Edcon department store division, scooped four awards at the 11th
Annual Toy of the Year awards held in Sandton last week. Out of 12 categories, CNA
took home the awards for new-to-market Infant Toy of the Year (Talking ...
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...read more
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Absa Edcon launches comprehensive
corporate university and is awarded over 1000 learnerships
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02 October 2007
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Edcon today formally launched one of South Africa's most comprehensive corporate
universities - the Edcon Retail Academy. At the launch the company also announced
that the Wholesale and Retail SETA had awarded Edcon over 1000 learnerships....
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...read more
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