Steinhoff released their Unaudited financial update for the year ending 30 June this morning. The numbers look strong with a 33% growth in Revenue (now stated in Euro's) and a 32% increase in operating profit. From a global diversification point of view, 68% of their revenues come from Europe and Australasia, with the remaining 32% coming from Africa. If their purchase of the US based Mattress Firm goes through they will add even further diversification to their revenue streams. The large purchase of PepKor looks to be doing well, with constant currency revenues up 19%. Given all the moving parts with their acquisitions, issuing of new shares and taking on more debt we will have to wait until the 7 September to see the exact impact on EPS.