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Johannesburg - Furniture retailer Lewis Group [JSE:LEW] said on Friday that sales have continued to improve since the interim reporting period, with merchandise sales for the quarter ended December 2010 increasing by 13%.
Merchandise sales for the nine months to December 2010 reflect a cumulative increase of 12%.
Solid debtor collections continued for the December quarter, resulting in an increase of 14.7% in collection levels, with debtor costs for the nine months reflecting a satisfactory improvement.
Lewis expects to announce its results for the year ending March 2011 on or about Monday May 23.