Cape Town – Lewis Group delivered a resilient performance in a weak retail trading environment in the year to March 2024 as operating profit increased by 13.1% to R690 million. The group reported continued strong credit sales growth, improved margins, robust growth in the debtors’ book and an all-time high level of satisfactory paying customers.…
Cape Town – Lewis Group today reported strong credit sales growth and a resilient debtors’ book performance for the six months to September 2023, while the group’s cash sales reflect the pressure on cash-strapped South African consumers. Earnings were 6.2% lower at R195 million while earnings per share increased by 2.6% to 355 cents per…
Cape Town – Lewis Group reported resilient credit sales growth and a strong debtors’ book performance in the year to March 2023, while the group’s overall results reflect the poor state of consumers in South Africa’s low growth, high inflationary environment. Headline earnings were 9.8% lower at R506 million while headline earnings per share increased…
