Tile manufacturer Italtile, which owns CTM and U-Light, has tempered its optimism about its second-half performance as SA consumers battle escalating living costs and limited wage inflation.

The group, a manufacturer, franchiser and retailer of tiles, bathroom ware and other related home-finishing products, said in a trading update on Friday that system-wide turnover grew 1.4% to R5.4bn in its half year to end-December and it was now expecting a similar performance in its second half...

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