It is a pleasure to report to shareholders for the first time following my appointment as chief executive officer of the Clicks Group in January this year.
Clicks Group overcame mounting headwinds in the trading environment to deliver improved margins, tight cost control, continued strong cash flows and enhanced returns to shareholders.
Forward-looking statements
The integrated report includes forward-looking statements which relate to the possible future financial position and results of the group’s operations. These statements by their nature involve risk and uncertainty as they relate to events and depend on circumstances that may or may not occur in the future.
Forward-looking statements are not statements of fact, but statements by the management of the Clicks Group based on its current estimates, expectations and assumptions regarding the group’s future performance.
The group does not undertake to update or revise any of these forward-looking statements publicly, whether to reflect new information or future events or otherwise. The forward-looking statements have not been reviewed or reported on by the group’s independent auditor.