BRIEF-Lewis Group HY HEPS 236 Cents

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BRIEF-Lewis Group HY HEPS 236 Cents
Credit: © Reuters.

Nov 25 (Reuters) - Lewis Group Ltd LEWJ.J :

* HALF YEAR OPERATING PROFIT ROSE 13.6 PERCENT TO 276.8 MILLION ZAR

* HALF YEAR REVENUE FELL 1.6 PERCENT TO 3.0 BILLION ZAR

* INTERIM DIVIDEND INCREASED BY 10.8% TO 133 CENTS PER SHARE

* HY HEADLINE EARNINGS PER SHARE INCREASED BY 9.9% TO 236 CENTS

* TRADING CONDITIONS ARE EXPECTED TO BECOME MORE CHALLENGING INTO 2021 CALENDAR YEAR.

* REMAINS ON TRACK TO OPEN 20 NEW STORES ACROSS ITS TRADING BRANDS IN 2021 FINANCIAL YEAR

* DEBTOR BOOK HAS PERFORMED SATISFACTORILY IN SIX MONTHS TO SEPTEMBER 2020

* IMPAIRMENT PROVISIONS ARE ADEQUATE TO MEET FUTURE BAD DEBTS

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