Building materials retailer Cashbuild released its interim results on Tuesday. The group’s revenue is up 3%, but this was offset by a 7% increase in operating expenses, resulting in an 11% drop in earnings. The company said it will continue its store expansion, relocation and refurbishment strategy. Cashbuild CEO Werner de Jager joined Business Day TV to share his perspective on the numbers.

Or listen to the full audio:

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now