Italtile declares record interim dividend as it chips away at price inflation
10 February 2022 - 08:53
UPDATED 10 February 2022 - 14:16
Italtile, SA’s biggest retailer and manufacturer of tiles, bathroom-ware and related products, announced a record R450m interim payout to shareholders, confident in its ability to manage surging input costs and waning, pandemic-induced demand for home improvement.
Though the industry faces surging transport and energy costs, CEO Lance Foxcroft told Business Day it hadn’t needed to pass these on to customers...
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