Truworths flags revenue and profit growth, but unrest bites
Group sales rose 2.2% to R9.9bn in the half year, with load-shedding also affecting trading
Fashion retailer Truworths says load-shedding, civil unrest and supply-chain disruptions weighed on trading in the first half of its 2022 year, when sales rose 2% to R9.9bn.
The owner of brands such as Young Designers Emporium and Identity expects earnings to rise above pre-pandemic levels in the 26 weeks to December 26. ..