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Reviewed condensed Group results

Founded in 1969, Italtile Limited is a proudly South African manufacturer, franchisor and retailer of tiles, bathroomware and other related home-fi nishing products. The Group’s retail brands are CTM, Italtile Retail, TopT and U-Light, represented through a total network of 203 stores, including six online webstores. The brand offering targets homeowners across the living standards measure 4 to 10 categories.

The retail operation is strategically supported by a vertically integrated supply chain comprising key manufacturers and import operations and an extensive property portfolio. The manufacturers are Ceramic Industries Proprietary Limited (“Ceramic”) and Ezee Tile Adhesive Manufacturers Proprietary Limited (“Ezee Tile”). The import businesses are Cedar Point, International Tap Distributors (“ITD”) and Durban Distribution Centre (“DC”).

The Group’s dream is to become the best manufacturer and retailer of tiles, sanitaryware and ancillary products in Africa, by offering an unrivalled shopping experience through the strategy of ensuring the right product, at the right time, place and price.