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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