Cashbuild sticks with expansion plans as Covid-19 drives home improvement
Revenue has risen more than 20%, partially due to new stores, with more on the way
02 March 2021 - 08:40
UPDATED 02 March 2021 - 13:58
Cashbuild, SA’s largest retailer of building materials, has more than doubled its interim profit and is continuing its expansion as Covid-19 drives impressive growth in demand for home improvement.
The group remains on track to open nine new stores in its 2021 year, CEO Werner de Jager said on Tuesday, adding that the company has identified a number of areas in SA for expansion...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.