News Formal

THE FINANCE GHOST: Italtile’s grit and grout

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

Sverige Nyheter Nyheter

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 ...

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 20. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

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
Källa: FinancialMail - 🏆 20. / 63 Läs mer »

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
Källa: FinancialMail - 🏆 20. / 63 Läs mer »

GRAY MAGUIRE: African countries need a reality check on climate financeGovernments cannot rely on developed countries only and should start engaging their own private sectors
Källa: BDliveSA - 🏆 12. / 63 Läs mer »