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Retail support group CA&S reports headline earnings leap of 44%

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The group attributes the growth to higher food prices and sale of alcohol without restrictions in Swaziland and top market Botswana

Retail support business CA&S , which listed on the JSE in June, has booked a 20% increase in revenue as food prices rose and it was able to sell alcohol without restrictions in Swaziland and its main market, Botswana.

The company imports, stores, transports, promotes and sells food and household goods to retailers in 19 African countries for clients including Distell, Tiger Brands, Diageo, Unilever SA and Aspen...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

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