X

Investment case

Lewis Group's portfolio of well-established brands offers investors exposure across southern Africa's retail customer market.

The board believes the following factors motivate an investment case for Lewis Group and should support competitive long-term returns for shareholders despite the challenging macro-economic conditions that affect the Group.

1
Business model
1

Business model

Our decentralised store based business model, supported by sophisticated technology driven controls continues to prove resilient.

2
Retail environment
2

Retail environment

Our brands have an extensive retail footprint and a wide merchandise offering, appealing to all market segments through the extensive retail footprint, credit offering and exclusive merchandise.

3
Extensive and expanding retail footprint
3

Extensive and expanding retail footprint

We have deep penetration into the retail market with hundreds of stores across urban and rural areas in southern Africa. Our stores are located close to areas where target customers.

4
Exclusive merchandise
4

Exclusive merchandise

We offer differentiated, exclusive and quality product ranges across all brands. Products are sourced locally and offshore. Our strong supplier relationships and merchandise planning ensure optimal stock levels.

5
Customer loyalty and engagement
5

Customer loyalty and engagement

High levels of brand awareness are supported by an extensive social media following.

6
Credit risk management
6

Credit risk management

We have extensive experience in managing credit risk in the lower-to middle-income market.

7
Capital management strategy
7

Capital management strategy

Robust balance sheet and commitment to reinvestment for growth in the debtors book and store footprint.

8
Leadership team
8

Leadership team

Our experienced, stable team has led the business through previous economic downturns.

1
Business model
+

Business model

Our decentralised store based business model, supported by sophisticated technology driven controls continues to prove resilient.

Business model
2
Retail environment
+

Retail environment

Our brands have an extensive retail footprint and a wide merchandise offering, appealing to all market segments through the extensive retail footprint, credit offering and exclusive merchandise.

Retail environment
3
Extensive and expanding retail footprint
+

Extensive and expanding retail footprint

We have deep penetration into the retail market with hundreds of stores across urban and rural areas in southern Africa. Our stores are located close to areas where target customers.

Extensive and expanding retail footprint
4
Exclusive merchandise
+

Exclusive merchandise

We offer differentiated, exclusive and quality product ranges across all brands. Products are sourced locally and offshore. Our strong supplier relationships and merchandise planning ensure optimal stock levels.

Exclusive merchandise
5
Customer loyalty and engagement
+

Customer loyalty and engagement

High levels of brand awareness are supported by an extensive social media following.

Customer loyalty and engagement
6
Credit risk management
+

Credit risk management

We have extensive experience in managing credit risk in the lower-to middle-income market.

Credit risk management
7
Capital management strategy
+

Capital management strategy

Robust balance sheet and commitment to reinvestment for growth in the debtors book and store footprint.

Capital management strategy
8
Leadership team
+

Leadership team

Our experienced, stable team has led the business through previous economic downturns.

Leadership team