Ghost Wrap #60 (Motus | Attacq | Clicks | Woolworths)
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Description
Welcome to Ghost Wrap, your regular update on the most interesting company news in the South African market. In this episode of Ghost Wrap, I covered these important stories on the local market: Motus is a great example of how cyclical the used car industry is, with the additional challenge of having costly debt. Attacq's turnover and footfall update for November and December hass some real nuggets for those interested in the retail sector. Clicks achieved solid retail sales, but the wholesale side of the business had a wobbly. Woolworths is struggling with consumer affordability, as sales volumes dropped and so did headline earnings from continuing operations.  The Ghost Wrap podcast is proudly brought to you by Mazars, a leading international audit, tax and advisory firm with a national footprint within South Africa. Visit the Mazars website for more information.
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