Page 151 - Profile's Stock Exchange Handbook - 2021 Issue 3

Profile’s Stock Exchange Handbook: 2021 – Issue 3 JSE – LEW
RATIOS
Lewis Group Ltd. Ret on SH Fnd 8.88 3.87 6.35 4.85 6.58
LEW Ret On Tot Ass 10.50 4.80 8.50 6.92 7.04
ISIN: ZAE000058236
SHORT: LEWIS Oper Pft Mgn 10.34 3.93 7.22 6.83 10.09
CODE: LEW D:E 0.13 0.35 0.03 0.14 0.21
REG NO: 2004/009817/06 Current Ratio 3.89 2.82 5.92 4.56 5.25
FOUNDED: 1934 Div Cover 1.82 1.25 1.61 1.53 2.01
LISTED: 2004 NUMBER OF EMPLOYEES: 8 847
DIRECTORS: Abrahams Prof F (ind ne),
NATURE OF BUSINESS: Bodasing A (ne), MotsepeDR(ind ne),
Lewis Group is a leading credit NjikizanaTH(ind ne), Saven H (Chair, ind ne),
retailer of household furniture, Westcott D (ind ne), Enslin J (CEO),
Bestbier J (CFO)
electrical appliances and home
POPULAR BRAND NAMES: Lewis, Best Home
electronicsandhasbeenlisted ontheJSELtd. since2004where and Electric, Beares, UFO, Monarch Insurance
it is classified under the General Retailers sector. POSTAL ADDRESS: PO Box 43, Woodstock, Cape
Through the Lewis, Best Home and Electric, Beares and UFO Scan the QR code to Town, 7915
visit our website EMAIL: graeme@tier1ir.co.za
brands, the group has a branch network of 807 stores. This WEBSITE: www.lewisgroup.co.za
includes stores across all major metropolitan areas as well as a TELEPHONE: 021-460-4400 FAX: 021-460-4662
strong presence in rural South Africa, with 126 stores in the COMPANY SECRETARY: I N T Makomba
neighbouring southern African countries of Botswana, TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
Eswatini, Lesotho and Namibia. SPONSOR: UBS South Africa (Pty) Ltd.
Lewis is the country's largest furniture chain and one of the AUDITORS: PwC Inc.
BANKERS:AbsaBankLtd.,FirstNationalBankofAfrica Ltd.,InvestecBank
most recognisable brands in furniture retailing, focused Ltd., Nedbank Ltd., Standard Bank Ltd.
primarily on the growing middle to lower income market in
CALENDAR Expected Status
thelivingstandardsmeasurement("LSM")4to7categories. Annual General Meeting 22 Oct 2021 Confirmed
ThegrouphasexpandeditsofferingbeyondtheLewischainby Next Interim Results 24 Nov 2021 Confirmed
developing the Best Home and Electric brand selling home ap- Next Final Results May 2022 Unconfirmed
pliancesaswellasfurniturerangesintheLSM4to7category. CAPITAL STRUCTURE AUTHORISED ISSUED
In 2014 the group embarked on a strategy of diversifying LEW Ords 1c ea 150 000 000 67 514 697
across income groups and market segments by acquiring the
DISTRIBUTIONS [ZARc]
long-establishedBeares brand. The Beares brand is focusedon Ords 1c ea Ldt Pay Amt
the middle-income market in the LSM 7 to 9 category. Final No 34 20 Jul 21 26 Jul 21 195.00
In 2018, the group acquired UFO as a continuation of the Interim No 33 19 Jan 21 25 Jan 21 133.00
Final No 32 15 Sep 20 21 Sep 20 65.00
group’s diversification strategy. UFO is an independent, cash
furniture retailer with a retail footprintof43 stores. UFOis re- Interim No 31 21 Jan 20 27 Jan 20 120.00
cognised as a luxury brand with a value offering to the upper LIQUIDITY: Jun21 Ave 1m shares p.w., R22.1m(77.5% p.a.)
consumerspectrum, namelyLSM9+.MonarchInsurance,the GERE 40 Week MA LEWIS
group's financial services subsidiary, provides optional micro 7084
insurance products that comply with the National Credit Act,
5915
to customers purchasing merchandise on credit.
4747
SECTOR: ConsDiscr—Retail—Retailers—HomeImprovementRetailers
MAJOR ORDINARY SHAREHOLDERS as at 31 Mar 2021 3578
Coronation Balanced Plus Fund (SA) 5.15%
Corolife Special Opportunities Portfolio (SA) 4.74% 2409
FINANCIAL STATISTICS
1240
(R million) Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 2016 | 2017 | 2018 | 2019 | 2020 |
Final Final Final Final(rst) Final(rst)
Turnover 6 726 6 453 6 137 5 557 5 592 Recent Announcements
Op Inc 696 254 443 379 564 Lewis final results March 2021 - Thursday, 27 May 2021:
NetIntPd(Rcvd) 91 - 19 - 21 - 13 44 Lewis Group delivered a strong operational performance
Tax 172 90 154 128 163 despite the first quarter of the financial year being adversely
Att Inc 433 182 310 264 358 impacted by the Covid-19 trading restrictions. Buoyant mer-
TotCompIncLoss 422 216 295 317 356 chandise sales following the lockdown, together with the
Hline Erngs-CO 463 205 308 261 355 improving quality of the debtors’ book and prudent cost manage-
Fixed Ass 386 324 299 302 344
Right of Use Assets 635 694 - - - ment, contributed to the group increasing operating profit by
Inv & Loans 254 228 276 471 456 174.2% for the year. The board has declared a final dividend of
Def Tax Asset 112 166 195 11 49 195 cents per share (2020: 65 cents), increasing the total
Trademarks&Software 114 121 122 118 66 dividend for the year by 77.3% to 328 cents per share.
Goodwill 182 188 188 188 6
Retirement Benefit Ass 105 107 79 91 55
Tot Curr Ass 5 035 5 561 4 630 5 736 6 616
Ord SH Int 4 873 4 710 4 876 5 449 5 440
LT Liab 656 705 130 211 891
Tot Curr Liab 1 295 1 974 783 1 257 1 260
PER SHARE STATISTICS (cents per share)
EPS (ZARc) 576.40 232.10 377.50 306.80 402.90
HEPS-C (ZARc) 616.50 260.20 376.20 302.60 399.50
DPS (ZARc) 328.00 185.00 234.00 200.00 200.00
NAV PS (ZARc) 6 814.00 6 126.00 6 081.00 6 534.00 6 127.00
3 Yr Beta 0.86 0.48 - - 0.30 0.82
Price High 3 211 3 897 4 995 4 550 5 411
Price Low 1 201 1 520 2 540 2 250 2 795
Price Prd End 3 071 1 782 3 110 4 220 4 150
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