Dec 4 (Reuters) - Steinhoff Africa Retail Ltd:
* 13.2% INCREASE IN FY REVENUE TO R58.6BN
* 100 BPS FY MARGIN INCREASE TO 10.4%
* 25.2% INCREASE IN FY OPERATING PROFIT TO R6.1BN
* BUSINESS IS ON TRACK TO OPEN ANOTHER 350 STORES DURING 2018 FINANCIAL YEAR
* GROUP WILL CONTINUE TO EXPLORE NEW TRADING FORMATS AND ALSO EXPAND ITS MARKET SHARE IN LADIES’ WEAR AND ADDITIONAL SERVICES
* GROUP TARGETS A DIVIDEND COVER OF TWO TIMES HEADLINE EARNINGS FOR NEXT FINANCIAL YEAR
* NO FURTHER DIVIDEND WILL BE DECLARED FOR FY17
* FY HEADLINE EARNINGS PER SHARE OF 133.6 CENTS Source text for Eikon: Further company coverage:
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