Highlights of the day: 18 October

FinMeUp highlights of the day

South Africa

Pick n Pay Stores Limited- Results for the 26 weeks ended 28 August 2022

• Group turnover grew 11.5% to R51.3 billion.
• Gross profit margin grew to 19.4% from 18.2%.
• Trading expenses grew 10.6% to R9.8 billion.
• Profit after tax grew 52.7% to R453.3 million.
• EPS grew 52.2% to 94.34 cents per share.
• The directors have declared an interim gross dividend of 44.85 cents per share, to be paid on Monday, 5 December 2022.

Combined Motor Holdings Limited- Interim results for the six months ended 31 August 2022

• Revenue grew 12% to R6 147 284 000.
• Total profit and comprehensive income grew 51% to R225 974 000.
• A dividend of 168 cents per share will be paid on Monday, 19 December 2022.

The U.S.

Amazon

• Amazon Web Services have announced plans to spend more than $5 Billion over the next 15 years to launch a new infrastructure region in Thailand.

Lockheed Marin Results

• Revenue of $16.6B missing expectations of $16.8B.
• EPS of $6.87, beating expectations of $6.60.

Goldman Sachs results

• Revenue of $12B, beating expectations of $11.3B.
• EPS of $8.25, beating expectations of $7.47.