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Latest news

Lewis Group revenue up 8% as dividend maintained

9 Nov, 2009

Furniture retailer Lewis Group has continued to show an improving trend in revenue growth in the six months to end September 2009, with revenue increasing 7.9% to R1.95 billion and merchandise sales up 6.8% to R951 million. The group has maintained its interim dividend at 144 cents per share. Chief executive, Johan Enslin, said the

Lewis progresses on debt recovery – Business Report

19 May, 2009

Revenue grows 6% despite tough times The passing of the National Credit Act nearly two years ago limited the number of customers who were overextended and many had now paid off earlier debt and were eligible for more credit, Alan Smart, the chief executive of furniture retailer the Lewis Group, said yesterday. However, 25.4 percent

Resilient performance as Lewis Group maintains dividend

18 May, 2009

Furniture retailer Lewis Group delivered a resilient performance in the year to 31 March 2009 as the group posted solid revenue growth, strong cash flows and maintained its dividend at 323 cents per share. Group chief executive, Alan Smart, described trading conditions as “the most demanding experienced in the credit retail sector for many years.”

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