Pick n Pay jumps after upbeat profit outlook

Customers at Pick n Pay in Carlton centre in Johannesburg. Photo: Leon Nicholas.

Customers at Pick n Pay in Carlton centre in Johannesburg. Photo: Leon Nicholas.

Published Oct 6, 2014

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Johannesburg - Shares in Pick N Pay Stores Ltd jump more than 3 percent as the South African grocer flags as much as 35 percent rise in half-year profit as cost cuts offset sluggish sales growth.

Pick N Pay is up 3.21 percent at 56.25 rand. - Reuters

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