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GWE in store retail is considering closing stores to save a further 20% next year. Given current figures, how many stores would you expect GWE

GWE in store retail is considering closing stores to save a further 20% next year. Given current figures, how many stores would you expect GWE to close?

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GWE Retail: Australia In-store sales (Years 1 and 2) 6.0 5.0 5.1 4.5 4.6 4.6 4.0 3.7 3.5 3.6 Sales (million) 3.0 3.2 3.2 3.3 3.1 3.1 3.1 3.1 2.8 2.6 2.0 1.8 1.0 0.0 Year 1 Year 2 Year 1 Year 2 Grocery Year 1 Year 2 Electrical North South East West Clothing GWE Profit and Loss for (Year 1) Australia in-store (53 stores) Australia online Europe Online USA Online Asia Online (Excludes Australia) 45.9 Group Sales GWE Retail GWE Financial Revenue 28.7 43.1 71.8 55.9 18.6 74.6 31.6 126.4 158.0 31.8 74.3 106.1 45.9 Group Expenses Operating Expenses 12.8 25.1 32.8 50.6 33.9 Profit before tax 33.1 46.7 41.8 107.4 72.2 GWE Profit and Loss for (Year 2) Australia in-store (42 stores) Australia online Asia Online (Excludes Australia) Europe Online USA Online million Group Sales GWE Retail GWE Financial Revenue 38.2 77.4 33.2 110.5 53.9 29.0 82.9 43.1 100.6 143.7 39.8 92.8 132.6 38.2 Group Expenses Operating Expenses 9.9 46.4 35.6 48.8 53.0 Profit before tax 28.3 64.1 47.2 94.8 79.6 GWE Retail: Australia In-store sales (Years 1 and 2) 6.0 5.0 5.1 4.5 4.6 4.6 4.0 3.7 3.5 3.6 Sales (million) 3.0 3.2 3.2 3.3 3.1 3.1 3.1 3.1 2.8 2.6 2.0 1.8 1.0 0.0 Year 1 Year 2 Year 1 Year 2 Grocery Year 1 Year 2 Electrical North South East West Clothing GWE Profit and Loss for (Year 1) Australia in-store (53 stores) Australia online Europe Online USA Online Asia Online (Excludes Australia) 45.9 Group Sales GWE Retail GWE Financial Revenue 28.7 43.1 71.8 55.9 18.6 74.6 31.6 126.4 158.0 31.8 74.3 106.1 45.9 Group Expenses Operating Expenses 12.8 25.1 32.8 50.6 33.9 Profit before tax 33.1 46.7 41.8 107.4 72.2 GWE Profit and Loss for (Year 2) Australia in-store (42 stores) Australia online Asia Online (Excludes Australia) Europe Online USA Online million Group Sales GWE Retail GWE Financial Revenue 38.2 77.4 33.2 110.5 53.9 29.0 82.9 43.1 100.6 143.7 39.8 92.8 132.6 38.2 Group Expenses Operating Expenses 9.9 46.4 35.6 48.8 53.0 Profit before tax 28.3 64.1 47.2 94.8 79.6

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