LEW - Lewis Group Limited - Trading update for the nine months ended December
LEW
LEW
LEW - Lewis Group Limited - Trading update for the nine months ended December
2011
Lewis Group Limited
Reg No. 2004/009817/06
JSE Share Code: LEW
ISIN: ZAE000058236
("the group")
TRADING UPDATE FOR THE NINE MONTHS ENDED DECEMBER 2011
Merchandise sales for the quarter ended 31 December 2011 increased by 5.5% off
a high comparative base of 13% last year. Revenue for the quarter increased by
7.7% and for the nine months ended 31 December 2011 Revenue grew by 7.1%.
The improving trend in collections experienced in the latter stages of the
second quarter continued into the third quarter to December 2011. Debtor costs
for the nine months to December 2011 increased by 16% on the corresponding
period, compared to an increase of 20% for the six months to September 2011.
The above information has not been reviewed or reported on by the group`s
auditors.
Cape Town
27 January 2012
Sponsor:
UBS South Africa (Pty) Ltd
Date: 27/01/2012 07:05:28 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
