There has been a huge swing in sentiment towards some of the JSE’s mid-and small-cap stocks recently. Cartrack, for one. Cashbuild is another. Its shares have rallied 13% year to date and the building and hardware supplies group enjoyed an astonishing 21% year-on-year rise in revenue over its second quarter to end-December. Clearly, there’s life in the SA economy yet. The FM spoke to CEO Werner de Jager.
It’s understandable to see a rebound from the lockdown, but this performance is against that of 2019. Were you surprised by how good business was?..
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