Integrated Annual Report
2019

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OUR YEAR IN REVIEW

System-wide turnover

(Rm)

Trading profit

(Rm)

Headline earnings per share

(cents)
System-wide turnover (Rm) Trading prot (Rm) Headline earnings per s hare (cents)

Headline
earnings per share

101,8 cents

2018: 95,0 cents

  7%

System-wide
turnover

R10,0 billion

2018: R8,7 billion

  15%

Ordinary
dividend per share

41,0 cents

2018: 38,0 cents

  8%

Net asset
value per share

480 cents

2018: 486 cents

  1%

Special
dividend per share

50,0 cents

2018: 30,0 cents

  67%

Net cash

R1,2 billion

2018: R679 million

  77%

Trading
profit

R1,8 billion

2018: R1,5 billion

  18%



HISTORY AND MILESTONES

1969
Italtile founded by
Giovanni
Ravazzotti
in Alberton


2019
Italtile celebrates 50 years of achievement with system-wide turnover of R10 billion.

View the full timeline

CHAIRMAN’S STATEMENT

OVERVIEW

The first half of the financial year proved challenging, as the business focused on correcting stock levels and inventory mix and intensified cost containment across the operation. These remedial measures gained momentum over the year, and notwithstanding constrained consumer spend, the Group reported improved results for the full year.

Key to this achievement was the commitment of our people and control of business processes – the dual components which underpin an ascendant organisation.

Read the Chairman's statement

WHERE WE OPERATE

The Group exports tiles, sanitaryware, grout, paint and adhesives to various sub-Saharan territories

189

Total network of stores

92

CTM

13

Italtile retail stores

83

TopT stores

110

Franchised stores

The balance are Corporate and Joint Venture stores

Retail footprint

 

Where we operate

THE STRENGTH
OF OUR RETAIL BRANDS

  • Founded in 1969, this brand is widely acknowledged as a style icon in the premium home improvement market and is represented by 12 stores nationwide. As a leading fashion retailer of exclusive international and local ranges of tiles, bathware and related products, Italtile Retail offers a luxurious shopping experience for both residential and commercial clients.

    Some of the Italtile brands:


    Italtile retail brands

  • Launched in 1983, CTM is a household name in southern Africa, enjoying strong brand affi nity based on its reputation for a high-quality year-round value offering. Represented by 92 stores in southern and East Africa, CTM is the largest specialist tile and bathroom retailer in the country.

    Some of the Italtile brands:


    Italtile retail brands

  • TopT is a one-stop home-finishing supplier of good quality, affordable merchandise and the low-cost leader in its entry-level market segment.

    TopT has 83 stores situated in underserviced rural areas and outlying markets in close proximity to urban townships

    .

    Some of the Italtile brands:


    Italtile retail brands

  • Launched in 2018, U-Light is the Group’s innovative new lighting retail offering, designed to complete the total shopping experience for customers seeking to create beautiful homes. U-Light focuses primarily on quality fashionable residential lighting, complemented by an industrial component. Our trendy products range from bespoke local to imported Italian fittings and accessories.

     

    Italtile retail brands