Italtile expects better full-year earnings despite tougher trading conditions
07 August 2019 - 11:36
Tile retailer Italtile, whose chains include CTM and Top T, said earnings rose in the year ended June thanks in part to the sale of some of its local properties.
The company said on Wednesday that basic earnings per share increased by between 7% and 9% following the disposals. Group turnover increased 15.2% to R10bn, with total retail turnover up 6.1%...
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