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Italtile Ltd (ITEJ.J)

ITEJ.J on Johannesburg Stock Exchange

1,325.00ZAc
24 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Italtile updates on Competition Commission proceedings on Ceramic deal
Friday, 17 Mar 2017 08:00am EDT 

Italtile Ltd : Competition Commission proceedings regarding co's acquisition of further stake in Ceramic scheduled for between 6-15 March delayed . proceedings delayed to enable commission additional time to prepare for hearing .New tribunal hearing dates are 10 to 14 July 2017 and 31 July 2017..  Full Article

Italtile Limited says EPS for six months to Dec.31 up 15 pct
Friday, 10 Feb 2017 12:15am EST 

Italtile Limited : Trading profit r594 million 2015: r531 million 12% increase . Earnings per share 51,1 cents 2015: 44,3 cents 15% increase . System-Wide turnover r3,50 billion 2015: r3,08 billion 14% increase . Dividend per share 16 cents 2015: 14 cents 14% increase . Capital expenditure of r243 million (2015: r242 million) . Group's net asset value was 390 cents per share (2015: 332 cents per share). . Cash and cash equivalent reserves at end of period were r182 million (2015: r351 million) .Anticipates that lower consumer demand and high levels of imported product across industry will result in intensified competition in marketplace in forthcoming months..  Full Article

BRIEF-Italtile sees 6-months basic EPS between 14 pct and 17 pct higher
Wednesday, 1 Feb 2017 01:00am EST 

Corrects headline to say EPS, not HEPS.Italtile Limited : Voluntary trading statement for the six months ended Dec. 31, 2016 . Six months basic earnings per share will be between 50.5 cents and 51.8 cents, reflecting an increase of between 14 pct and 17 pct . Headline earnings per share will be between 46 cents and 47.3 cents for period, reflecting an increase of between 6 pct and 9 pct . System-Wide turnover for period is 14 pct higher than prior comparative period (2015: R3.08 billion) . Trading profit will be between 10 pct and 13 pct higher (2015: R531 million) .Like-On-Like retail store turnover for period is 9 pct higher than prior comparative period.  Full Article

Italtile 5-month sales up 14.7 pct to 2.9 bln rand
Monday, 5 Dec 2016 12:05am EST 

Italtile Limited : Sales Update For The Five Months To 30 November 2016 . For five months to 30 November 2016, total system-wide sales (including new stores) increased to r2.9 billion, representing growth of 14.7% .Like-On-Like retail store turnover grew by 10% in 5 months to nov. 30 compared with previous corresponding period,.  Full Article

Italtile says full year system-wide turnover up 14 pct
Thursday, 25 Aug 2016 01:07am EDT 

Italtile Ltd : Italtile limited results for the year ended 30 June 2016 . Fy system-wide turnover r5,96 billion vs 2015: r5,22 billion . Fy trading profit r1 047 million vs 2015: r905 million .Fy total ordinary dividend per share 29 cents 2015: 25 cents.  Full Article

Italtile says filed request for consideration to tribunal over Ceramic deal
Thursday, 11 Aug 2016 10:40am EDT 

Italtile Ltd :A request for consideration was filed with Competition Tribunal on Thursday, 11 August regarding proposed merger between Italtile and Ceramic Industries.  Full Article

SA's Competition Commission prohibits CIL and Ezee Tile acquisition by Italtile
Thursday, 28 Jul 2016 06:45am EDT 

SA's Competition Commission: Has prohibited proposed acquisition of Ceramic Industries Ltd and Ezee Tile Adhesive Manufacturers Ltd by Italtile Limited . Proposed transaction creates a vertical overlap in activities of merging parties (Bengaluru Newsroom: +91 80 6749 1136).  Full Article

Italtile sees FY HEPS up 19 pct-23 pct
Thursday, 28 Jul 2016 06:00am EDT 

Italtile Ltd : FY headline earnings per share will be between 85.2 cents and 88.1 cents (2015: 71.6 cents) .Sees FY basic earnings per share between 86.5 cents and 89.6 cents (2015: 75.9 cents), representing an increase of between 14 pct and 18 pct.  Full Article

Italtile says to buy up to 14.9 mln Ceramic sahres
Wednesday, 20 Jul 2016 01:07am EDT 

Italtile Ltd : Entered into agreement with ceramic on 16 july in respect of acquisition of entire issued share capital of ceramic . Maximum aggregate consideration payable to "scheme participants" of r3.61 billion .Agreement provided that maximum number of ceramic shares to be acquired by italtile ceramics shall not exceed 14.9 million.  Full Article

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BRIEF-Italtile updates on Competition Commission proceedings on Ceramic deal

* Competition Commission proceedings regarding co's acquisition of further stake in Ceramic scheduled for between 6-15 March delayed