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…
Lewis Group today reported an 11% increase in headline earnings to R372 million for the six months ended September 2012 as trading conditions in the furniture retail sector remained challenging. The interim dividend has been increased by 23.3% to 212 cents per share. Chief executive, Johan Enslin, said merchandise sales have shown an improving growth…
