Integrated Annual Report

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Our history and milestones

  1. Italtile’s first Cape Town store opens.

    Italtile’s first Durban store opens.

  2. Italtile’s first Johannesburg store opens.

  3. Samca Floor tiles factory opens.

  4. Samca introduces single-firing monocotura tiles using the clay dry-milling process.

    Italtile moves into a new premises in Alberton.

  5. Launch of the first cash-and-carry concept CTM store in Roodepoort.

    The second store opens in Stikland, Cape Town.

  6. Acquisition of Betta Sanitaryware from a consortium of banks.

  7. Acquisition of NCI Ceramics.

    Italtile listed on the Johannesburg Stock Exchange.

  8. Samca Wall opens.

    Italtile moves head office to Randburg.

  9. The management information system was upgraded and all Italtile Centres were linked by computer.

  10. Formation of Ceramic Industries (Pty) Ltd.

    Ceramic Industries listed on the JSE.

    Established the CTM Franchising division.

  11. The roll-out of stores continues with the launch of the boutique store in Tokai.

  12. The launch of the CTM Mastertile Club with giveaway tiling kits and other incentives.

    Italtile transferred its JSE listing from the building and construction sector to the stores sector.

  13. CTM Roodepoort becomes the first store to turnover R1 million.

    The entire organisation participated for its first full year in the staff profit share scheme.

  14. Acquisition of Vitro Tile Factory.

    CTM Pretoria becomes the first store to achieve a turnover of R2 million.

    CTM begins its successful TV advertising campaign with Bob and Nige.

  15. Italtile moves its head office to its current location in Bryanston.

    Commencement of trading in Australia.

    Introduction of high-pressure casting at Betta.

    SAP introduced to CTM Strijdom Park.

  16. Closure of NCI Tiles – production moves to Vitro factory.

  17. R1 billion turnover reached.

    Opening of Pegasus factory.

  18. Introduction of CTM joint venture model.

    Italtile displays its passion for tiles with the 1,1 m x 2,2 m replica of Botticelli’s Primavera which was made using kaolin clay and fired as a single tile in a roller kiln.

  19. Acquisition of controlling interest in International Tap Distributors (Pty) Ltd.

    Acquisition of controlling interest in Early Works (Pty) Ltd.

    Centaurus factory opens.

  20. Formation of Penates Logistics (Pty) Ltd.

  21. Acquisition of Sphinx.

    Ceramic Industries and Support Centre moves to the Clay Quarry.

    Penates builds the ITD robotic warehouse, showrooms and the Forum Auditorium.

  22. Expansion of Pegasus and Centaurus to double production volumes.

  23. Expansion of Betta.

    Acquarius factory opens.

    John Couzis resigns from the Italtile Board after 22 years of service.

    Italtile launches the TopT brand.

    Italtile enters a Group black economic empowerment transaction.

  24. Italtile acquires a minority stake in Ezee Tile.

    Penates builds the Tiling Training Academy in Boksburg.

    Italtile Commercial division is established.

    Cedar Point Trading is formed.

  25. Italtile appoints an Environment Office to work with the Properties division to reduce the Group’s carbon footprint.

  26. Italtile acquires 20% of Ceramic Industries.

    Ceramics is delisted from the stock exchange.

    CTM’s internet shopping facility is upgraded to a fully functional operating online trading store.

  27. Retail stores in Australia are sold to management.

  28. Peter Swatton resigns from the Board after 26 years of service.

    Italtile introduces the equity-settled staff share scheme.

  29. System-wide turnover reached the R5 billion milestone.

  30. The store properties in Australia are sold.

    New generation stores for Italtile/CTM opens.

    Gryphon tile factory opens.

    Italtile Foundation Trust established.

  31. Acquisition of a controlling stake in Ceramic Industries and Ezee Tile.

    The Chairman celebrates his 75th birthday.

    Luciana Ravazzotti Langenhoven is appointed to the Board as Deputy Chairman.

    U-Light brand is launched.