Share of turnover remains very low

Cashbuild quadruples e-commerce turnover

Cashbuild made a turnover of ZAR 11.145 bn (EUR 655 mio) in the 2021/2022 financial year (ending 26 June 2022). This is a decrease of 12 per cent.(Source: Cashbuild)
Cashbuild made a turnover of ZAR 11.145 bn (EUR 655 mio) in the 2021/2022 financial year (ending 26 June 2022). This is a decrease of 12 per cent.
03.11.2022

South African home improvement chain Cashbuild has increased its e-commerce sales by 276 percent in the 2021/2022 financial year (ending 26 June 20229. However, this means that online sales still only account for 0.16 per cent of the company's total turnover, with a volume of ZAR 18.2 million (EUR 1 million). "Although still small, this remains an area of focus and Cashbuild now has the e-commerce offering with the widest reach in our category in the country," writes CEO Walter de Jager in the annual report.

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