Trading Statement for the Year Ended 31 March 2025

Lewis Group Limited
Incorporated in the Republic of South Africa
Registration number: 2004/009817/06
Share code: LEW
ISIN: ZAE000058236
Bond code: LEWI
("Lewis Group" or "the group")

TRADING STATEMENT FOR THE YEAR ENDED 31 MARCH 2025
Lewis Group's financial results for the year ended 31 March 2025 ("the period") reflect
strong trading and operational performance, driven by continued strong growth in credit
sales, expanding margins and robust growth in the debtors' book.
This performance has been supported by strong growth in other revenue, which
continues to benefit from sustained credit sales growth in recent years, as well as an
expansion in the gross profit margin in the second half of the year.
The growth in operating costs were contained below the growth in revenue.
Debtor costs have reduced slightly despite the significant growth in the group's debtors'
book. The quality of the debtors' portfolio continued to improve, with solid collection
rates and the proportion of satisfactory paid accounts maintained at record levels.
These factors have contributed to substantial growth in profitability, with headline
earnings for the period expected to be between 48% to 58% higher than the R500.4
million reported for the 2024 financial year.
Shareholders are advised that the group anticipates earnings for the period to be as
follows:
                                Year ended              Year ended 31 March 2025
                               31 March 2024
                                  Reported                   Expected ranges
                                                                           75% - 85%
 Earnings per share                806 cps        1 411 cps – 1 492 cps
                                                                             higher
 Headline earnings per                                                        55% - 65%
                                   925 cps        1 433 cps – 1 525 cps
 share                                                                          higher

The forecast financial information on which this trading statement is based is the
responsibility of the directors and has not been reviewed or reported on by the group's
independent auditor.

The group's annual results for the year ended 31 March 2025 will be released on SENS
on or about 29 May 2025.

                                                                                          1
Cape Town
12 May 2025

Sponsor
The Standard Bank of South Africa Limited

Debt Sponsor
Absa Corporate and Investment Bank, a division of Absa Bank Limited




                                                                      2

Date: 12-05-2025 10:26:00
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