SENS Announcement Interims 31 August 2014
SENS Announcement Interims 31 August 2014
Verimark Holdings Limited – Unaudited Interim Results 6 Months ended 31 Aug 2014
Michael van Straaten, Chief Executive Officer of Verimark, said...
"The first half of the year has been characterised by a tough retail environment due to weaker consumer demand, higher interest rates and negligible economic growth in South Africa. The continued devaluation of the Rand will impact negatively on the retail trade, particularly those businesses that import products such as Verimark."