Italtile Says 5-Months Retail Turnover Rises By 1.2% Compared To Prior Period
· Issued by Italtile Limited
Italtile Ltd JSE:ITE:
ITALTILE LTD -5-MONTHS RETAIL TURNOVER RISES BY 1.2% COMPARED TO PRIOR PERIOD
ITALTILE LTD: CHALLENGING GLOBAL AND SOUTH AFRICAN MACRO-ECONOMIC ENVIRONMENT EXPECTED TO CONTINUE FOR REST OF FY
ITALTILE LTD: INTENSE COMPETITION WILL PERSIST AS A RESULT OF IMBALANCE BETWEEN EXCESS SUPPLY AND WEAK DEMAND
Earlier from Italtile
- Italtile Says CEO Lance Foxcroft To Step Down
- ITE: Turnover down 2%, trading profit stable, cash up 18%, and dividends up 17% year-over-year
- ITE: Trading profit up 3% and EPS up 4.5% despite 1% turnover decline; 28c dividend declared
- ITE: Turnover flat at R11.54bn, trading profit down 11%, cash up 76%, special dividend declared
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