Cape Town – Furniture retailer Lewis Group posted a strong trading performance for the financial year to March 2011 and increased headline earnings per share by 21.6% to 781 cents. A final dividend of 207 cents per share was declared, bringing the total dividend for the year to 363 cents (2010: 323 cents). Chief executive,…
Johannesburg, May 23 (I-Net Bridge) – The improved economic health of its customers had led to an increase in sales and credit collections for furniture retailer Lewis Group (LEW), said CE Johan Enslin on Monday. Lewis Group reported an increase in earnings of 21.6% to 781 cents a share, while merchandise sales increased by 12%…
Furniture retailer Lewis Group is benefiting from improved trading conditions and debtor collections, despite continued high levels of unemployment. The group said on Friday in a trading update that sales continued to improve since its interim reporting period, with merchandise sales for the quarter to December increasing an annual 13 percent. Merchandise sales for the…
