LEWIS GROUP LIMITED - Trading update for the nine month period ended December 2013
LEW 201401300042A
Trading update for the nine month period ended December 2013
Lewis Group Limited
Reg no: 2004/009817/06
JSE Share Codes:
LEW ISIN: ZAE000058236
LEW01 ISIN: ZAG000110222
LWCP01 ISIN: ZAG000110230
(“the group”)
TRADING UPDATE FOR THE NINE MONTH PERIOD ENDED DECEMBER 2013
Trading conditions remained challenging with labour instability across many sectors during the
nine month period ended 31 December 2013 (“the period”) which impacted on both the
group’s sales and collections.
Revenue for the period grew by 2.1% and merchandise sales for the period declined by 2.3%.
Debtor costs for the period increased by 30% on the corresponding period. This increase is in
line with the increase in debtor costs reported at half year.
The group’s revenue for the quarter ended 31 December 2013 declined by 1.5% with
merchandise sales reducing by 6.3%.
This information has not been reviewed or reported on by the group’s independent auditor.
Cape Town
30 January 2014
Sponsor
UBS South Africa (Pty) Ltd
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