THE FINANCE GHOST: Italtile’s grit and grout

  • 📰 FinancialMail
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Ireland News News

Italtile has hunkered down and squeezed out profits through top-line sales are going backwards. That still doesn't make this mid-cap stalwart a killer investment, writes FinanceGhost.

SA is a low-growth environment, a scenario that is unlikely to change unless there are major structural changes to our economy and political environment. This drives SA corporates to set their sights on faraway lands, usually getting slaughtered in the process.

There are exceptions, of course. Food service giant Bidcorp is one of them, with a genuinely diversified global revenue base. The largest contributor to revenue is Europe, with 34% of total revenue in the latest financial year. Next up are the UK and Australasia, with emerging markets, as the smallest segment, contributing 17.6% of group revenue. SA is only part of the emerging markets segment, so this JSE-listed company truly offers global diversification away from the SA growth story ...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

FinanceGhost Being the head of the home isn't easy, you are expected to provide for the home, I lost my job during the pandemic and relied on the little money I had,things were hard until I met JamesAlderson0 and started Bitcoin trading, I earned R800,000 in 3 weeks thanks JamesAlderson0

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 20. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

THE FINANCE GHOST: Italtile’s grit and groutItaltile has hunkered down and squeezed out profits through top-line sales are going backwards. That still doesn't make this mid-cap stalwart a killer investment, writes FinanceGhost. FinanceGhost Being the head of the home isn't easy, you are expected to provide for the home, I lost my job during the pandemic and relied on the little money I had,things were hard until I met JamesAlderson0 and started Bitcoin trading, I earned R800,000 in 3 weeks thanks JamesAlderson0
Source: FinancialMail - 🏆 20. / 63 Read more »

PHANTOM SHARES: The Finance Ghost: JSE delistings continue, with Mediclinic set to disappearWe aren’t used to seeing big names leaving the public market, yet this trend is coming through strongly.
Source: dailymaverick - 🏆 3. / 84 Read more »