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Lewis Group predicts higher earnings off low base

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Retailer’s first-half headline earnings per share are expected to be 35% to 45% higher 🔒

Lewis Group is predicting a better first half ended September despite the civil unrest, compared with the year before when stores were shut for six weeks during the hard lockdown.

The improvement off a low base means headline earnings per share, a main profit measure in SA, will be 35% to 45% higher at an estimated 318.9c to 342.5c. ..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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