INTRODUCING OUR 2023 IAR
ITALTILE AT A GLANCE
Founded in 1969, Italtile Limited is a proudly South African manufacturer, franchisor and retailer of tiles, bathroomware and other related home-finishing products. The Group’s retail brands are CTM, Italtile Retail, TopT and U-Light represented by 216 stores in South Africa and the rest of Africa.
The retail operation is strategically supported by a vertically integrated supply chain.
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What sets us apart
Strategic portfolio of strong retail brands that appeal to customers across the income spectrum.
Flat, low-cost organisational structure comprising strong teams and unique individuals intimately involved in the operations.
Strong partnerships with employees, equity partners and entrepreneurial franchisees.
Extensive property portfolio which comprises high profile, well-maintained, inspirational stores, state-of-the-art factories, and productive quarries.
Sustained investment in improving and innovating the shopping experience and ensuring the offering remains attractive to traditional customers and new, emerging homeowners.
Long-standing reputation as the industry trendsetter and fashion authority.
Integrated supply chain which underpins our policy of ‘right product at the right time, place and price’.
Recognition that our people are key to our competitive advantage and hence continued investment in them is paramount.
Reward and empowerment ethos which incentivises personnel to participate in the profitability of the business.
A customer-centric philosophy which ensures all our activities are centred on keeping them top of mind.
Concerted focus on developing and employing industry-leading technology in both our retail offering and manufacturing operations.
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STRATEGIC REVIEW
LEADERSHIP REVIEWS

Giovanni Ravazzotti
OUTGOING CHAIRMAN
Our aim over the past year was to optimise our investments in people...

Lance Foxcroft
CEO
The Group reported a largely solid performance in the retail division...

Brandon Wood
CFO
A challenging operating environment and internal shortcomings resulted...
SUSTAINABILITY
SUSTAINABILITY