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Lewis Group makes R2 billion merchandise sales for the six months ended September despite supply issues iol.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iol.co.za Daily Mail and Mail on Sunday newspapers.
Lewis Group plans 20 new stores, pays dividend By Dineo Faku Share JOHANNESBURG - SOUTH Africa’s single-largest furniture retailer, Lewis Group, said yesterday it planned to open up to 20 new stores, mainly in its Beares and UFO store chains, as it rewarded its shareholders with a handsome total dividend during the year to the end of March. Lewis, which sells household furniture, electric appliances and home electronics, declared a total dividend of 328 cents a share, up 77.3 percent compared to a year ago, on a robust balance sheet and strong cash generation. Headline earnings per share increased to 616.5c in the year to the end of March, up from 260.2c in the prior year. The company said its balance sheet remained robust, with no borrowings, while cash generated from operations jumped by 46.8 percent to R915 million. ....
Power grid expert gives South Carolina a âCâ in winter weather preparedness VIDEO: Power grid expert gives South Carolina a âCâ in winter weather preparedness By Rob Way | February 25, 2021 at 5:21 PM EST - Updated February 26 at 11:02 AM CHARLESTON, S.C. (WCSC) - A South Carolina power grid expert has given the state a âCâ in preparedness for winter weather just a week after historic cold temperatures and snow knocked out power to millions in Texas. Dr. Johan Enslin is a professor of electrical and computer engineering at Clemson Universityâs North Charleston campus. âItâs definitely not an A. I think weâd get a C,â Enslin said. âOur generation is primarily nuclear based, so itâs one source of generation, which is good. But, itâs one source. Most of our other sources are imported from our neighboring utilities.â ....