Edition:
India

Italtile Ltd (ITEJ.J)

ITEJ.J on Johannesburg Stock Exchange

1,373.00ZAc
13 Dec 2019
Change (% chg)

-27.00 (-1.93%)
Prev Close
1,400.00
Open
1,399.00
Day's High
1,400.00
Day's Low
1,373.00
Volume
150,611
Avg. Vol
432,990
52-wk High
1,555.00
52-wk Low
1,190.00

Latest Key Developments (Source: Significant Developments)

Italtile Provides Notification Of Delay In Distribution Of Integrated Annual Report
Monday, 30 Sep 2019 

Sept 30 (Reuters) - Italtile Ltd ::NOTIFICATION OF DELAY IN DISTRIBUTION OF INTEGRATED ANNUAL REPORT.FY ANNUAL REPORT DELAYED TO ALLOW FOR FINALISATION INCLUDING INCORPORATION OF FEATURES OF ITALTILE RETENTION SCHEME INTO NOTICE OF AGM.IAR WILL BE DISTRIBUTED TO SHAREHOLDERS ON OR ABOUT 15 OCTOBER 2019..  Full Article

Italtile Announces SARB Approval Of Special Dividend
Friday, 23 Aug 2019 

Aug 23 (Reuters) - Italtile Ltd ::JSE: ITE - SARB APPROVAL OF SPECIAL DIVIDEND.ITALTILE - REQUISITE SOUTH AFRICAN RESERVE BANK APPROVAL RECEIVED; SPECIAL DIVIDEND TO BE DISTRIBUTED AS PER TIMETABLE IN RESULTS ANNOUNCEMENT.  Full Article

Italtile Says PwC To Replace Ernst & Young As Auditors From Nov 1
Thursday, 22 Aug 2019 

Aug 22 (Reuters) - Italtile Ltd ::CHANGES TO THE BOARD OF DIRECTORS AND MANDATORY ROTATION OF AUDITORS.NOMAGUGU MTETWA HAS TENDERED HER RESIGNATION AS A NON-EXECUTIVE DIRECTOR.NDUMI MEDUPE HAS TENDERED HER RESIGNATION AS A NON-EXECUTIVE DIRECTOR AND CHAIRMAN OF AUDIT AND RISK COMMITTEE.CO'S INCUMBENT AUDITORS, ERNST & YOUNG , WILL CONCLUDE THEIR TENURE WITH EFFECT FROM 1 NOVEMBER.BOARD WILL RECOMMEND APPOINTMENT OF PRICEWATERHOUSECOOPERS INC AS AUDITORS WITH EFFECT FROM 1 NOVEMBER.  Full Article

Italtile FY HEPS 101,8 Cents
Thursday, 22 Aug 2019 

Aug 22 (Reuters) - Italtile Ltd ::PRELIMINARY REVIEWED CONDENSED GROUP RESULTS FOR THE YEAR ENDED 30 JUNE 2019 AND DIVIDEND DECLARATION.FY SYSTEM-WIDE TURNOVER: R10,0 BILLION UP 15%.FY EARNINGS PER SHARE: 102,6 CENTS.FY HEADLINE EARNINGS PER SHARE: 101,8 CENTS.FY ORDINARY DIVIDEND PER SHARE: 41,0 CENTS UP 8%.FY SPECIAL DIVIDEND PER SHARE: 50,0 CENTS UP 67%."THERE IS LITTLE TO INDICATE THAT MEANINGFUL ECONOMIC GROWTH IS IMMINENT" & CO ANTICIPATES DISCRETIONARY SPEND TO REMAIN CONSTRAINED.ANTICIPATE THAT GROUP WILL DELIVER GROWTH FOR FULL YEAR.EXPECT THAT GROWTH IN FIRST SIX MONTHS IS LIKELY TO BE LOWER THAN GROWTH IN SECOND HALF OF YEAR.PLAN TO OPEN 15 STORES IN NEXT FINANCIAL YEAR AND WILL CONTINUE TO BUILD CAPACITY IN SUPPLY CHAIN.  Full Article

Italtile Says Weak Trading Conditions Persisted Over Review Period
Thursday, 14 Feb 2019 

Feb 14 (Reuters) - Italtile Ltd ::ITALTILE LTD - HY HEADLINE EARNINGS PER SHARE 54,7 CENTS UP 13%.ITALTILE LTD - HY DIVIDENDS PER SHARE 22,0 CENTS UP 29%.ITALTILE LTD - WEAK TRADING CONDITIONS PERSISTED OVER REVIEW PERIOD.ITALTILE LTD - HY SYSTEM-WIDE TURNOVER R5,3 BILLION UP 23%.ITALTILE LTD - DURING REVIEW PERIOD, CURRENCY VOLATILITY PROVIDED CHALLENGES FOR IMPORTERS, DEMANDING JUDICIOUS STOCK AND CASH FLOW MANAGEMENT.ITALTILE LTD - BELIEVES THAT SOLID HEADLINE EARNINGS GROWTH WILL BE ACHIEVED IN FORTHCOMING SIX MONTHS, ALBEIT NOT AT SAME LEVEL AS PCP.ITALTILE - INVENTORY VALUE, AT PERIOD-END INCLUDING CONSOLIDATED INVENTORY BALANCES OF CERAMIC AND EZEE TILE INCREASED TO R846 MILLION (2017: R824 MILLION).ITALTILE LTD - ANTICIPATED THAT TRADING CONDITIONS WILL REMAIN VERY DIFFICULT OVER NEXT SIX MONTHS.ITALTILE LTD - ONGOING SERVICE DELIVERY PROTESTS WILL DISRUPT TRADING IN STORES.ITALTILE LTD - SHOULD REGULAR LOAD-SHEDDING BE REIMPLEMENTED, GROUP'S MANUFACTURING OPERATIONS WILL BE HAMPERED.  Full Article

Italtile Believes Solid Headline Earnings Growth Will Be Achieved In HY
Monday, 28 Jan 2019 

Jan 28 (Reuters) - Italtile Ltd ::JSE: ITE - VOLUNTARY TRADING STATEMENT FOR THE SIX MONTHS ENDED 31 DECEMBER 2018.ITALTILE LTD - SYSTEM-WIDE TURNOVER FOR SIX MONTHS WAS R5.3 BILLION, 25.3% HIGHER THAN PRIOR CORRESPONDING PERIOD.ITALTILE LTD - HY TOTAL RETAIL STORE TURNOVER GREW 6.3% FOR REVIEW PERIOD COMPARED TO PREVIOUS CORRESPONDING PERIOD.ITALTILE LTD - HY LIKE-ON-LIKE RETAIL STORE TURNOVER UP BY 4.6%.ITALTILE LTD - HY BASIC EARNINGS PER SHARE IS EXPECTED TO BE BETWEEN 54.4 CENTS AND 55.9 CENTS.ITALTILE LTD - VERY STRONG DOUBLE-DIGIT GROWTH IN HEADLINE EARNINGS PER SHARE WAS ACHIEVED FOR SIX-MONTH PERIOD ENDED 30 JUNE 2018.ITALTILE LTD - MANAGEMENT BELIEVES THAT SOLID HEADLINE EARNINGS GROWTH WILL BE ACHIEVED IN FORTHCOMING SIX MONTHS.ITALTILE LTD - BELIEVES SOLID HEADLINE EARNINGS GROWTH TO BE ACHIEVED IN FORTHCOMING 6 MONTHS, ALBEIT NOT AT SAME LEVEL AS PCP.  Full Article

Italtile Says Weak Trading Conditions Persisted Over Five Months
Tuesday, 4 Dec 2018 

Dec 4 (Reuters) - Italtile Ltd ::VOLUNTARY SALES UPDATE FOR THE FIVE MONTHS ENDED 30 NOVEMBER 2018.WEAK TRADING CONDITIONS PERSISTED OVER FIVE MONTHS.TOTAL RETAIL STORE TURNOVER FOR 5 MONTHS UP 7 PERCENT WHILE LIKE-ON-LIKE RETAIL STORE TURNOVER ROSE BY 5.8%.LIKE-ON-LIKE RETAIL STORE TURNOVER ROSE BY 5.8% FOR 5 MONTHS ENDED NOV 30.MANUFACTURING SALES FOR 5 MONTHS ENDED NOV 30 GREW BY 7.6% COMPARED TO PREVIOUS CORRESPONDING PERIOD.SALES TRENDED POSITIVELY OVER 5 MONTHS, WITH STRONGER RESULTS REPORTED FOR SECOND HALF THAN FIRST HALF OF REVIEW PERIOD.  Full Article

Italtile Says FY HEPS Up 12 Pct To 95.0 Cents
Tuesday, 21 Aug 2018 

Aug 21 (Reuters) - Italtile Ltd ::FY TRADING PROFIT R1 518 MILLION UP 43%.FY SYSTEM-WIDE TURNOVER R8,7 BILLION UP 40%.FY HEADLINE EARNINGS PER SHARE 95,0 CENTS UP 12%.SPECIAL DIVIDEND PER SHARE 30,0 CENTS.ORDINARY DIVIDENDS PER SHARE 38,0 CENTS UP 27%.ANTICIPATE FIRST HALF RESULTS FOR NEW FINANCIAL YEAR WILL BE BETTER THAN COMPARABLE FIRST HALF OF PRIOR YEAR, DUE TO LOW BASE EFFECT.RESULTS IN H2 OF YEAR EXPECTED TO BE LESS ROBUST THAN H2 OF YEAR UNDER REVIEW, UNLESS COUNTRY-SPECIFIC RISK FACTORS REDUCE MATERIALLY.GOAL FOR NEW FINANCIAL YEAR WILL BE TO CONTINUE TO DELIVER IMPROVED HEADLINE EARNINGS GROWTH.  Full Article

Italtile Says FY Headline Earnings Per Share Expected To Be Between 92.8-96.2 Cents
Wednesday, 8 Aug 2018 

Aug 8 (Reuters) - Italtile Ltd ::FY HEADLINE EARNINGS PER SHARE IS EXPECTED TO BE BETWEEN 92.8 CENTS AND 96.2 CENTS.MANUFACTURING SALES FOR PERIOD FROM 2 OCTOBER 2017 TO 30 JUNE 2018 ROSE BY 15.2%.FY TOTAL SYSTEM-WIDE RETAIL STORE TURNOVER GREW 2%.FY GROUP'S SYSTEM-WIDE TURNOVER WAS R8.7 BILLION, 39.8% HIGHER THAN PRIOR CORRESPONDING PERIOD (2017: R6.2 BILLION).  Full Article

Italtile Says HY HEPS Expected Between 48.0 Cents And 49.1 Cents
Wednesday, 31 Jan 2018 

Jan 31 (Reuters) - Italtile Ltd ::‍GROUP NOW HOLDS A 95.47% STAKE IN CERAMIC AND AN EFFECTIVE 71.54% IN EZEE TILE ADHESIVE MANUFACTURING PROPRIETARY LIMITED​.‍HY GROUP'S SYSTEM-WIDE TURNOVER FOR REVIEW PERIOD WAS R4.3 BILLION, 21.6% HIGHER THAN PRIOR CORRESPONDING PERIOD (2016: R3.50 BILLION)​.‍HY LIKE-ON-LIKE RETAIL STORE TURNOVER DECREASED BY 3.9% COMPARED TO PREVIOUS CORRESPONDING PERIOD​.HY ‍HEADLINE EARNINGS PER SHARE IS EXPECTED TO BE BETWEEN 48.0 CENTS AND 49.1 CENTS (2016 ADJUSTED: 46.4 CENTS)​.  Full Article

No consensus analysis data available.