Italtile: Still the stock to follow in building supplies
With a market value of R16.8bn, Italtile has outperformed Cashbuild, with stock down just 3% in the past year
Updates in the consumer and related spaces have been incredibly lacklustre at the start of 2020 as many companies detail their weak festive trading period and the general consumer malaise.
The DIY, building materials and allied sector has not been immune to the economic tightness consumers have endured in SA over the past couple of years. This is not expected to improve any time soon...