Shares surge after Truworths reports improved margins
Shares in the retailer are at a one-month high on improved margins in SA and progress in turning around its UK business
20 February 2020 - 08:52
UPDATED 20 February 2020 - 14:31
Shares in retailer Truworths rose as much as 11.5% on Thursday to reach a one-month high, after the group reported improved margins in its core SA market as well as progress in turning around its embattled UK business.
The group said on Thursday that it is focusing heavily on its digital visibility, seeking to improve its e-commerce presence, something particularly important in the European market...
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.