Companies / Retail & Consumer

News Leader

WATCH: How Italtile stayed buoyant in tough conditions

15 February 2019 - 11:56 Business Day TV
Picture: ITALTILE
Picture: ITALTILE

Italtile released its interim numbers on Thursday, reporting a 30% surge in revenue.

This was partly fuelled by the upper-LSM segment, which remained relatively resilient in a tough trading environment.

CEO Jan Potgieter joined Business Day TV to discuss the results.

Italtile CEO Jan Potgieter talks to Business Day TV about the company’s interim results

Or listen to the full audio:

For the latest business podcasts,click here.

Italtile weathers the storm with strong interim results

The tiles manufacturer brushed aside constrained consumer discretionary spend, high joblessness and consumer indebtedness
Companies
1 month ago

Rand back over R14/$ and R18/£

After Wednesday’s disastrous retail figures, the focus turns to mining’s contribution to 2018’s GDP
Markets
1 month ago

MARKET WRAP: JSE flat amid US recession fears

The rand is at a six-week low against the dollar, lifting rand hedges and some miners, but the JSE gave up earlier gains after disappointing US data
Markets
1 month ago

ANALYSE THIS: Electus Fund Managers’ Mish-al Emeran

We analyse Mish-al Emeran, equity analyst at Electus Fund Managers
Money & Investing
1 month ago

Struggling economy hits defensive Italtile

The tile group reported surprisingly low festive-season sales, but its upper-end stores helped offset the weak performance from its CTM chain
Companies
1 month ago

Companies in this Story

Most read

1.
Alexander Forbes plans to offload insurance units
Companies / Financial Services
2.
Brait defends R2bn share-scheme loss
Companies / Financial Services
3.
JSE not worried about Naspers eyeing greener ...
Companies / Telecoms & Technology
4.
MTN announces ‘world first’ WhatsApp-based service
Companies / Telecoms & Technology
5.
EOH shares extend slide as Microsoft serves more ...
Companies / Telecoms & Technology

Published by Tiso Blackstar and distributed with the Financial Mail on the last Thursday of every month except December and January.