Cape Town – Lewis Group reported a 66.9% increase in operating profit to R1.2 billion for the year to March 2025, driven by strong credit sales, expanding margins and robust growth in the debtors’ portfolio, while satisfactory paying customers reached a new record high. The group’s operating margin improved significantly, increasing by 790 basis points…
Lewis Group has been named Company of the Year in the prestigious News24 Business Awards 2025 which recognise excellence in corporate South Africa. The award recognises the JSE-listed company that has created strong shareholder value over the medium-term, while also excelling in performance, transforming the business landscape in South Africa through strategic leadership and innovation…
Cape Town – Lewis Group delivered a strong trading and financial performance in a weak retail environment as operating profit increased by 54.1% to R477 million and the group’s operating margin expanded by 600 basis points from 14.2% to 20.2% for the six months to September 2024. The furniture retail group increased headline earnings by 41.6% to…