Page 161 - Stock Exchange Handbook 2020 - Issue 3

Profile’s Stock Exchange Handbook: 2020 – Issue 3 JSE – LEW
WEBSITE: www.lewisgroup.co.za
Lewis Group Ltd. TELEPHONE: 021-460-4400
FAX: 021-460-4662
LEW
ISIN: ZAE000058236 COMPANY SECRETARY: I N T Makomba
SHORT: LEWIS TRANSFER SECRETARY: Computershare
CODE: LEW Investor Services (Pty) Ltd.
REG NO: 2004/009817/06 SPONSOR: UBS South Africa (Pty) Ltd.
FOUNDED: 1934
LISTED: 2004 AUDITORS: PwC Inc.
BANKERS: Absa Bank Ltd., First National Bank of
Scan the QR code to Africa Ltd., Investec Bank Ltd., Nedbank Ltd.,
NATURE OF BUSINESS: visit our website Standard Bank Ltd.
Lewis Group is a leading credit
retailer of household furniture, CALENDAR Expected Status
electrical appliances and home Next Final Results Aug 2020 Unconfirmed
electronics and has beenlisted on the JSE Ltd. since 2004 where it Annual General Meeting Oct 2020 Unconfirmed
is classified under the General Retailers sector. Next Interim Results Nov 2020 Unconfirmed
Through the Lewis, Best Home and Electric, Beares and UFO
brands, the group has a branch network of 787 stores. This
CAPITAL STRUCTURE AUTHORISED ISSUED
includes stores across all major metropolitan areas as well as a LEW Ords 1c ea 150 000 000 79 212 225
strong presence in rural South Africa, with 121 stores in the
DISTRIBUTIONS [ZARc]
neighbouringsouthernAfricancountriesofBotswana,Eswatini, Ords 1c ea Ldt Pay Amt
Lesotho and Namibia. Interim No 31 21 Jan 20 27 Jan 20 120.00
Lewisisthecountry’slargestfurniturechainandoneofthemost Final No 30 16 Jul 19 22 Jul 19 129.00
recognisable brands in furniture retailing. Monarch Insurance, Interim No 29 22 Jan 19 28 Jan 19 105.00
17 Jul 18
Final No 28
23 Jul 18
100.00
the group’s financial services subsidiary, provides short-term
insurancecovertocustomerspurchasingmerchandiseoncredit. LIQUIDITY: Jul20 Ave 520 866 shares p.w., R15.1m(34.2% p.a.)
Focused primarily on the growing middle to lower income GERE 40 Week MA LEWIS
marketinthelivingstandardsmeasurement(“LSM”)4to7cate- 10169
gories, the group has a credit customer base of close to 575 000.
8416
UFO is an independent, cash furniture retailer with a retail
footprintof39stores.UFOisrecognisedasaluxurybrandwitha 6663
valueofferingtotheupperconsumerspectrum,namelyLSM9+.
4911
SECTOR: Consumer Srvcs—Retail—Gen Retailers—Home Improves
3158
MAJOR ORDINARY SHAREHOLDERS as at 31 Mar 2019
Trimark Global Endeavour Fund 11.98%
Government Employees Pension Fund 9.11% 2015 | 2016 | 2017 | 2018 | 2019 | 1405
Trimark Global Balanced Fund 5.32%
Trimark Global Endeavor Class 5.02% Recent Announcements
Monday,18May2020:Lewisadvisedthatthecompanywillbeutilising
FINANCIAL STATISTICS
(R million) Sep 19 Mar 19 Mar 18 Mar 17 Mar 16 the two-month extension period afforded by the FSCA. The
company’s audited financial results for the year ended 31 March
Interim Final Final(rst) Final(rst) Final
Turnover 3 083 6 137 5 557 5 592 5 785
Op Inc 244 443 379 564 815 2020(“annualresults”)andtheauditedannualfinancialstatements
NetIntPd(Rcvd) - 11 - 21 - 13 44 - 465 are expected to be released by no later than 31 August 2020.
Tax 84 154 128 163 318 Tuesday, 28 January 2020: Lewis Group’s strategy of diversifying
Att Inc 171 310 264 358 962 across target markets and sales channels continued to offer resil-
TotCompIncLoss 170 295 317 356 503 ience in the constrained consumer spending climate for the nine
Hline Erngs-CO 171 308 261 355 552
Fixed Ass 316 299 302 344 370 months to 31 December 2019.
Right of use assets 678 - - - - The group delivered a strong trading performance and increased
Inv & Loans 273 276 471 456 432 merchandise sales by 6.6% for the first nine months of the
Def Tax Asset 196 195 11 49 86 financialyear. Merchandise sales increased by 6.9% for the third
Trademarks 121 122 118 66 61 quarter to December 2019, supported by a robust Black Friday
Goodwill 188 188 188 6 - performance. Comparable stores grew sales by 5.6% for the
Retirement Benefit Ass 75 79 91 55 63
Tot Curr Ass 4 759 4 630 5 736 6 494 8 393 quarter and 4.0% for the nine months.
Ord SH Int 4 781 4 876 5 449 5 440 5 449 Total revenue, comprising merchandise sales and other
LT Liab 725 130 211 891 1 536 revenue, increased by 6.3% for the quarter and 6.2% for the nine
Tot Curr Liab 1 100 783 1 257 1 137 2 420 months. Debtor costs continued to show an improving trend,
supported by strong collections and a resultant improvement in
PER SHARE STATISTICS (cents per share)
EPS (ZARc) 215.00 377.50 306.80 402.90 1 082.64 collection rates, reducing by 0.8% for the quarter and 0.6% for
HEPS-C (ZARc) 215.10 376.20 302.60 399.50 621.70 the nine months.
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),
MotsepeDR(ind ne), NjikizanaTH(ind ne), Saven H (Chair, ind ne),
Westcott D (ind ne), Enslin J (CEO), Bestbier J (CFO)
POPULAR BRAND NAMES: Lewis, Best Home and Electric, Beares, UFO,
Monarch Insurance, INspire
POSTAL ADDRESS: PO Box 43, Woodstock, Cape Town, 7915
EMAIL: graeme@tier1ir.co.za
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