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woolworths holdings limited<br />

review of the period (continued)<br />

• Country Road<br />

- Business repositioned<br />

- Excellent sales performance in tough trading conditions<br />

- Record profit growth<br />

- Becoming a material profit contributor<br />

• Financial Services<br />

- Successful implementation of ABSA JV – attitude shift<br />

- Bad debts well controlled<br />

• Strong balance sheet

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