LEWIS GROUP LIMITED UNAUDITED INTERIM RESULTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2022
H1
2023
AGENDA
01 02
HighlightsDebtor analysis
03 | 04 | |||||
Financial | Targets and | |||||
results | outlook | |||||
LEWIS GROUP LIMITED UNAUDITED INTERIM RESULTS H1 2023 | 2 |
01
HIGHLIGHTS
▪ Review of H1 2023 | 04 | ||||||
▪ | Operational context | 05 | |||||
▪ | Operational achievements | 06 | |||||
▪ | Share repurchases | 09 | |||||
▪ | Dividends per share | 12 | |||||
REVIEW OF H1 2023
Revenue | Merchandise sales | Gross profit margin | Debtor costs | |||
at | improved by | |||||
+ 4.0% | + 4.3% | |||||
39.3% | 2.2% | |||||
Operating margin | Headline Earnings | HEPS | Interim dividend | |||
at | + 19.2% to | maintained at | ||||
+4.4% | ||||||
13.6% | 393 cents per share | 195 cents per share | ||||
LEWIS GROUP LIMITED UNAUDITED INTERIM RESULTS H1 2023 | 4 |
OPERATIONAL CONTEXT
- Weakened retail trading conditions
- Rising inflation and interest rates
- Deteriorating socio-economic conditions
- Decreased consumer confidence and spending
- Local and international supply chain challenges
- Adverse impact of Eskom load shedding
▪
▪
▪
▪
Continued exchange rate pressure
Decline in cash purchases
Increased demand for credit
Continued strategy of carrying higher stock levels to meet customer
demand and to counter ongoing challenges in the supply chain
LEWIS GROUP LIMITED UNAUDITED INTERIM RESULTS H1 2023 | 5 |
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Lewis Group Limited published this content on 24 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 November 2022 11:03:09 UTC.
