Johannesburg - Tile and sanitaryware manufacturer Italtile
[JSE:ITE] says its basic earnings per share and headline earnings per share for
the year ended June 2012 are expected to be between 17% and 19% higher than the
prior comparable period.
Despite subdued building activity in the industry and
competitive trading conditions‚ Italtile increased turnover of group-owned
stores and entities by 21% and gained market share across its brand portfolio
comprising Italtile Retail‚ CTM and TopT.
The company’s results are expected to be published on 15 August 2012.