Business
ITE: Trading profit and EPS fell 14% amid flat turnover and ongoing margin pressure
ITE: Trading profit and EPS fell 14% amid flat turnover and ongoing margin pressure
About this update from Italtile Limited
Turnover was flat at R6.1bn, with trading profit and EPS both down 14% year-over-year. Margin pressure, weak demand, and intense competition persisted, but digital channels and operational efficiencies remain focus areas.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.