Steinhoff’s quarterly sales rise 3%
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South African retailer Steinhoff reported on Thursday a three per cent rise in sales to 4.7 billion euros (5.4 billion dollars) for the three months ended Dec. 31.
The firm, trying to clean up its finances after uncovering an accounting fraud that nearly tipped it into bankruptcy, also said a forensic investigation into the problems at the firm by accountants PwC would be delivered to the board in mid-March.
(Reuters/NAN)