Page 173 - SHB 2020 Issue 1

Profile’s Stock Exchange Handbook: 2020 – Issue 1 JSE – LEW
POPULAR BRAND NAMES: Lewis, Best Home
Lewis Group Ltd. and Electric, Beares, UFO, Monarch Insurance,
INspire
LEW
ISIN: ZAE000058236 POSTAL ADDRESS: PO Box 43, Woodstock, Cape
SHORT: LEWIS Town, 7915
CODE: LEW EMAIL: graeme@tier1ir.co.za
REG NO: 2004/009817/06 WEBSITE: www.lewisgroup.co.za
FOUNDED: 1934 TELE PHONE: 021-460-4400 FAX: 021-460-4662
LISTED: 2004
COMPANY SECRETARY: I N T Makomba
Scan the QR code to TRANSFER SECRETARY: Computershare
NATURE OF BUSINESS: visit our website Investor Services (Pty) Ltd.
Lewis Group is a leading credit SPONSOR: UBS South Africa (Pty) Ltd.
retailer of household furniture, AUDITORS: PwC Inc.
elec tri cal ap pli ances and home BANKERS: Absa Bank Ltd., First National Bank of Africa Ltd., Investec Bank
elec tron ics and has been listed on the JSE Ltd. since 2004 where it Ltd., Nedbank Ltd., Standard Bank Ltd.
is clas si fied under the General Retailers sector. CALENDAR Expected Status
Through the Lewis, Best Home and Electric, Beares and UFO Next Final Results 26 May 2020 Con firmed
brands, the group has a branch network of 787 stores. This Annual General Meeting 23 Oct 2020 Con firmed
includes stores across all major met ro pol i tan areas as well as a Next Interim Results 25 Nov 2020 Con firmed
strong presence in rural South Africa, with 121 stores in the CAPITAL STRUCTURE AUTHORISED ISSUED
neighbouring southern African countries of Botswana, LEW Ords 1c ea 150 000 000 78 278 000
Eswatini, Lesotho and Namibia. DISTRIBUTIONS [ZARc] Ldt Pay Amt
Ords 1c ea
Lewis is the country’s largest furniture chain and one of the Interim No 31 21 Jan 20 27 Jan 20 120.00
most re cognisable brands in furniture retailing. Monarch Final No 30 16 Jul 19 22 Jul 19 129.00
Insurance, the group’s financial services sub sid iary, provides Interim No 29 22 Jan 19 28 Jan 19 105.00
short-term insurance cover to customers purchasing mer - Final No 28 17 Jul 18 23 Jul 18 100.00
chan dise on credit. LIQUIDITY: Nov19 Ave 600 529 shares p.w., R19.4m(38.9% p.a.)
Focused primarily on the growing middle to lower income GERE 40 Week MA LEWIS
market in the living standards mea sure ment (“LSM”) 4 to 7 cat e -
10357
go ries, the group has a credit customer base of close to 575 000.
Customers are pre dom i nantly from black com mu ni ties. 8767
UFO is an independent, cash furniture retailer with a retail 7176
footprint of 39 stores. UFO is re cog nised as a luxury brand with a
value offering to the upper consumer spectrum, namely LSM 9+. 5586
SECTOR: Consumer Srvcs—Retail—Gen Retailers—Home Improves 3995
MAJOR ORDINARY SHAREHOLDERS as at 31 Mar 2019
Trimark Global Endeavour Fund 11.98% 2014 | 2015 | 2016 | 2017 | 2018 | 2019 2405
Government Employees Pension Fund 9.11%
Trimark Global Balanced Fund 5.32% Recent Announcements
Trimark Global Endeavor Class 5.02%
Wednesday, 20 November 2019: Revenue increased by 6.1% to R3.1
FINANCIAL STATISTICS billion, with mer chan dise sales up 6.4% and other revenue in -
(R million) Sep 19 Mar 19 Mar 18 Mar 17 Mar 16 creas ing by 5.8%. The gross profit margin expanded by 40 basis
Interim Final Final(rst) Final(rst) Final
Turnover 3 083 6 137 5 557 5 592 5 785 points to 40.3%. Operating cost increased by 5.2% and debtor
Op Inc 244 443 379 564 815 costs reduced by 0.4%.
NetIntPd(Rcvd) - 11.3 - 21 - 13 44 - 465 The group reported a 13.7% increase in net profit to R171.1
Tax 84 154 128 163 318 million for the six months.
Att Inc 171 310 264 358 962 Dividend Notice is hereby given that a final gross cash dividend of
TotCompIncLoss 170 295 317 356 503 120 cents per share in respect of the 6 months ended 30 September
Hline Erngs-CO 171 308 261 355 552
Fixed Ass 316 299 302 344 370 2019 has been declared payable to holders of ordinary shares.
Right of use assets 678 - - - - Outlook
Inv & Loans 273 276 471 456 432 Against the back ground of the weak mac ro eco nomic en vi ron -
Def Tax Asset 196 195 11 49 86 ment in South Africa, trading con di tions are not expected to
Trademarks 121 122 118 66 61 improve in the short to medium term. The group’s strategy of di -
Goodwill 188 188 188 6 - versification across target markets and sales channels is
Retirement Benefit Ass 75 79 91 55 63 expected to continue offering resilience in the constrained
Tot Curr Ass 4 759 4 630 5 736 6 494 8 393
Ord SH Int 4 781 4 876 5 449 5 440 5 449 consumer spending climate. A net six new stores are planned for
LT Liab 725 130 211 891 1 536 the second half of the year.
Tot Curr Liab 1 100 783 1 257 1 137 2 420
PER SHARE STATISTICS (cents per share)
EPS (ZARc) 215.00 377.50 306.80 402.90 1 082.64
HEPS-C (ZARc) 215.10 376.20 302.60 399.50 621.70
DPS (ZARc) 120.00 234.00 200.00 200.00 517.00
NAV PS (ZARc) 6 111.00 6 081.00 6 534.00 6 127.00 6 158.00
Price High 3 897 4 995 4 550 5 411 10 162
Price Low 2 963 2 540 2 250 2 795 3 900
Price Prd End 3 180 3 110 4 220 4 150 4 700
RATIOS
Ret on SH Fnd 7.16 6.35 4.85 6.58 17.64
Ret On Tot Ass 8.90 8.50 6.92 7.04 13.70
Oper Pft Mgn 7.90 7.22 6.83 10.09 14.10
D:E 0.15 0.03 0.14 0.21 0.39
Current Ratio 4.33 5.92 4.56 5.71 3.95
Div Cover 1.79 1.61 1.53 2.01 2.09
NUMBER OF EMPLOYEES: 7 894
DIRECTORS: Abrahams Prof F (ind ne), Bodasing A (ne),
Motsepe D R (ind ne), Njikizana T H (ind ne), Saven H (Chair, ind ne),
Smart A J (ind ne), Westcott D (ind ne), Enslin J (CEO),
Bestbier J (CFO)
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