Furniture and appliances retailer Lewis Group reported a 13.6% rise in headline earnings per share for the year ended March, “which speaks to the fact that our business model is a resilient one”, according to CE Johan Enslin. Mr Enslin said that amid challenging trading conditions “this is a solid set of results”. A final…
Lewis Group increased headline earnings by 14% to R890 million in the year to March 2013 despite trading conditions in the furniture retail sector becoming increasingly challenging. A final dividend of 302 cents per share has been declared, bringing the total dividend to 514 cents, an increase of 16.3%. Chief executive, Johan Enslin, said the…
In the competitive furniture sector where consumers’ disposable income is under pressure, Lewis Group is in a position to fight for all available sales this festive season, its CE Johan Enslin said on Monday. “It will be tough, but as a true-blue retailer, we always prepare well for Christmas. We are carrying more stock than…