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Italtile - business update and trading statement
Italtile reported stable trading conditions during the year ended 30 June 2026, despite increased costs and market challenges such as global over-capacity and anti-dumping duties on tiles. Revenue and margins remained broadly steady, with retail turnover stable across key brands, supported by strong online sales. However, Ceramic Industries experienced significant margin pressure due to market pricing and rising energy costs. The Group maintained strong cash flow, despite share buybacks and record dividends. Leadership changes include the appointment of Brandon Wood as Group CEO. EPS for the period is expected to be between 109.7 and 115.9 cents, compared with 125.6 cents for the year ended 30 June 2025, representing a decrease of between 12.7% and 7.7%. HEPS is expected to be between 109.5 and 115.7 cents, compared with 125.1 cents in the prior year, representing a decrease of between 12.4% and 7.5%.
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| Closing price data source: JSE Ltd. All other statistics calculated by ProfileData. |
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