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Latest news

‘True-blue retailer’ – Finweek

1 Jun, 2010

Johan Enslin – he’s 36 years old. And yet after being in the hot seat for barely a year, Johan Enslin – CEO of household furniture and home appliances group Lewis – has taken the investment community into his confidence and demonstrated he was the right choice to fill the shoes of retail doyen Alan

Lewis Group lifts profits 9% as credit conditions stabilise

19 May, 2010

Furniture retailer Lewis Group lifted revenue by 8% to R4.1 billion in the year to March 2010 as the early signs of improving economic conditions started to benefit consumers, while improved margins increased the group’s profitability by 9%. Earnings per share increased by 5.6% to 672.0 cents and the total dividend was maintained at 323

Lewis sitting pretty – Finweek

27 Jan, 2010

AFTER A TORRID 2009, this year may yet be another rough one for South Africa’s furniture stocks, despite signs of economic recovery. That’s because the sector’s recovery largely hinges on two factors: better debt collections and an uptick in sales. But analysts have expressed mixed feelings about the sector’s prospects this year in light of

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