Situated on high-visibility sites, their comprehensive offerings position them as one-stop solution destinations, with ranges including ceramic and porcelain wall and floor tiles, sanitaryware, bathroom furniture, taps, fittings, laminated wooden flooring, lighting, home-finishing products and tools.

Retail operations are supported by an integrated supply chain comprising:

IT, e-commerce, human resources, finance/administration, marketing, and internal audit.

Underpins the retail operation by locating stores on high profile, easily accessible sites and maintaining and upgrading premises to ensure an optimum shopping environment. Manufacturing operations comprise well-maintained state-of-the-art factories supplied with raw materials sourced from productive quarries in close proximity to the factories.

Ceramic Industries

Manufacturer of glazed porcelain floor tiles, ceramic wall and floor tiles, vitreous china sanitaryware and acrylic baths and shower trays.

Ezee Tile

Manufacturer of grout, adhesives, paint and related products.

CHAIRMAN'S
STATEMENT

OVERVIEW

It is traditional for my report to commence with an overview of the business and conclude with an expression of my appreciation to our people and other stakeholders. In these unprecedented times, I am going to depart from tradition and begin by thanking our entire team for their invaluable contribution over the past year and, in particular, their extraordinary efforts since the outbreak of the COVID-19 pandemic.

VIEW CHAIRMAN'S STATEMENT
Giovanni Ravazzotti
Giovanni Ravazzotti

Chairman

 


Financial 
highlights

System-wide turnover
R9,3 billion
2019: R10,0 billion

Trading profit
R1,5 billion
2019: R1,8 billion

Earnings per share
78,3 cents
2019: 102,6 cents

Headline earnings per share
79,2 cents
2019: 101,8 cents

Adjusted earnings per share*
81,5 cents
2019: 102,6 cents

Adjusted headline earnings per share*
82,3 cents
2019: 101,8 cents

Ordinary dividend per share
33,0 cents
2019: 41,0 cents

Cash
R860 million
2019: R1 201 million