Lewis buoyant despite shipping hassles
Operating profit up 66.9% at R1.2bn as furniture retailer improves debtors book, opens and acquires new stores
29 May 2025 - 08:08
UPDATED 29 May 2025 - 15:44
Lewis group has flagged global shipping disruptions as its biggest operational hurdle over the past financial year but still managed to lift gross profit margins.
CEO Johan Enslin said the furniture retailer, which imports 35% of its merchandise, faced mounting pressure from soaring shipping costs and limited availability of container space...
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