Page 136 - Profile's Stock Exchange Handbook - 2026 Issue 1

JSE - LEW Profile’s Stock Exchange Handbook: 2026 - Issue 1
Lewis Group Ltd. NUMBER OF EMPLOYEES: 10 826
DIRECTORS: Abrahams Prof F (ld ind ne),
Bodasing A (ind ne), Deegan B (ind ne),
ISIN: ZAE000058236 Motsepe D R (ind ne), Njikizana T H (ind ne),
SHORT: LEWIS Saven H (Chair, ind ne), Enslin J (CEO),
CODE: LEW Bestbier J (CFO)
REG NO: 2004/009817/06 POPULAR BRAND NAMES: Lewis, Best Home
FOUNDED: 1934 and Electric, Beares, UFO Furniture, Bedzone,
LISTED: 2004 Real Beds, Monarch Insurance
Scan the QR code to POSTAL ADDRESS: PO Box 43, Woodstock,
NATURE OF BUSINESS: visit our website Cape Town, 7915
Lewis Group is a leading credit EMAIL: graeme@tierlir.co.za
retailer of household furniture, WEBSITE: www.lewisgroup.co.za
electrical appliances and home electronics and has been TELEPHONE: 021-460-4400
listed on the JSE Ltd. since 2004 where it is classified COMPANY SECRETARY: Marisha Gibbons
TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
under the General Retailers sector. The group has a branch SPONSOR: Standard Bank of SA Ltd.
network of 958 stores which includes stores across all major AUDITORS: EY Inc.
metropolitan areas as well as a strong presence in rural CALENDAR Expected Status
South Africa, with 145 stores in the neighbouring countries Next Final Results May 2026 Unconfirmed
of Botswana, Eswatini, Lesotho and Namibia. Annual General Meeting Oct 2026 Unconfirmed
The group operates the following primary brands: Next Interim Results Nov 2026 Unconfirmed
- Lewis, the country’s largest furniture chain and one of the CAPITAL STRUCTURE Authorised Issued
most recognisable brands in furniture retailing, focused LEW Ords 1c ea 150 000 000 52 159 288
primarily on the growing middle to lower income market in DISTRIBUTIONS [ZARc]
the living standards measurement (“LSM”) 4 to 7 categories. Ords 1c ea Ldt Pay Amt
- Best Home & Electric, selling appliances as well as furniture Interim No 43 20 Jan 26 26 Jan 26 337.00
22 Jul 25
Final No 42
500.00
28 Jul 25
ranges in the LSM 4 to 7 category. Interim No 41 21 Jan 25 27 Jan 25 300.00
- Beares, a long established brand focussing on the middle Final No 40 23 Jul 24 29 Jul 24 300.00
income market in the LSM 7 to 9 category. LIQUIDITY: Dec25 Avg 282 527 shares p.w., R22.0m(28.2% p.a.)
- UFO, a cash furniture retailer, with a value offering in the LEWIS 40 Week MA GERE
upper income spectrum being LSM 9 +. 9000
8000
The group also operates a number of small bedding 7000
chains. Monarch Insurance, the group’s financial services 6000
subsidiary, provides optional micro insurance products to 5000
customers purchasing merchandise on credit. 4000
SECTOR: ConsDiscr--Retail--Retailers--HomeImprovementRetailers 3000
MAJOR ORDINARY SHAREHOLDERS as at 31 Mar 2025 2000
Coronation Fund Managers (SA) 13.80% 2021 2022 2023 2024 2025 1000
Peresec Prime Brokers (SA) 8.63%
FINANCIAL STATISTICS RECENT ANNOUNCEMENTS
Sep 25 Mar 25 Mar 24 Mar 23 Mar 22
(R million) Interim Final Final Final(rst) Final Lewis interim results September 2025 - Thursday,
Turnover 4 845 9 288 8 184 7 456 7 256 20 November 2025: Lewis Group delivered a strong
Op Inc 522 1 152 690 609 668 performance for the six months ended 30 September
NetIntPd(Rcvd) 114 205 138 98 24 2025 with operating profit increasing by 21.4%, driven by
Tax 107 229 154 156 191 expanding margins and the good quality of the debtors
Att Inc 320 755 436 411 483 portfolio. While trading conditions remained constrained,
TotCompInc/Loss 313 771 425 422 486 the Group continued to invest for longer-term growth by
Hline Erngs-CO 335 768 500 510 561 increasing the store footprint and growing the debtors
Fixed Ass 484 467 442 426 396 book, which increased by 14.0% to R8.5 billion.
Right of Use Assets 867 848 794 760 747
Inv & Loans 179 160 243 257 266 Merchandise sales increased by 6.7% to R2.5 billion.
IntangileAssets&Goodwill 122 127 110 175 258 Other revenue, consisting of effective interest income,
Def Tax Asset 85 86 64 50 83 ancillary services income and insurance revenue,
RetirementBenefitAssets 118 119 109 107 110 benefited from the strong credit sales growth in recent
Tot Curr Ass 7 390 6 634 5 771 5 270 5 047 years and increased by 16.7%.
Ord SH Int 5 112 5 078 4 703 4 693 4 717 The quality of the Group’s debtors book remains
LT Liab 2 233 854 1 188 821 805 sound, with satisfactory paying customers increasing
Tot Curr Liab 1 899 2 508 1 643 1 531 1 385 to 82.7% (H1 2025: 81.6%). The collection rate at 78.3%
PER SHARE STATISTICS (cents per share) (H1 2025: 79.5%) was consistent with the rate reported
EPS (ZARc) 618.60 1 456.90 806.30 695.60 730.70 for the second half of the 2025 financial year
HEPS-C (ZARc) 647.80 1 482.50 924.60 863.50 848.70
DPS (ZARc) 337.00 800.00 500.00 413.00 413.00 Headline earnings increased by 16.0% to R335.1 million.
NAV PS (ZARc) 9 823.00 9 864.00 8 891.00 8 220.00 7 527.00 Earnings per share increased 13.8% to 619 cents and
3 Yr Beta 0.33 0.48 0.39 0.45 0.79 headline earnings per share by 16.8% to 648 cents,
Price High 8 650 8 916 4 499 5 487 5 400 reflecting the positive leverage effect of share
Price Low 5 811 4 260 3 500 3 751 2 835 repurchases undertaken in prior years. The interim
Price Prd End 7 277 7 090 4 350 4 100 4 700 dividend was increased by 12.3% to 337 cents per share,
RATIOS based on an earnings payout ratio of 55%.
Ret on SH Fnd 12.52 14.86 9.28 8.76 10.24
Ret On Tot Ass 12.40 15.00 10.00 9.20 10.40
Oper Pft Mgn 10.78 12.41 8.43 8.17 9.20
D:E 0.50 0.38 0.34 0.25 0.15
Current Ratio 3.89 2.65 3.51 3.44 3.64
Div Cover 1.84 1.82 1.61 1.68 1.77
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