Woolworths CEO: We overpaid for David Jones

PUBLISHED: Thu, 21 Feb 2019 12:23:25 GMT

Woolworths survives another tough economic year but has decreased revenue and increased costs to show for it. The food and clothing retailer reported a 2.9 decrease in HEPS to 200.4 cents and a 15.2 decrease in its interim dividend to 92cents a share. Woolworths CEO, Ian Moir joins CNBC Africa for more.

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