and related products. The Group operates as a national franchisor of its retail brands, Italtile Retail, CTM, TopT and U-Light. The retail operations are underpinned by an extensive property portfolio and a vertically integrated supply chain comprising International Tap Distributors (an importer and distributor of brassware and accessories), and Cedar Point, (an importer of shower enclosures, laminated boards, cabinets, sanitaryware, décor and tiling tools). The Group holds controlling interests in both businesses.
The Group’s Distribution Centre sources imported products and provides warehousing and distribution facilities to the retail brands.
Effective 2 October 2017, the Group acquired controlling stakes in its key suppliers, tile and sanitaryware manufacturer, Ceramic Industries (Pty) Ltd and adhesives and related products manufacturer, Ezee Tile.
REVIEWED CONDENSED GROUP RESULTS
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The Group’s chief goal is to deliver an unparalleled shopping experience for its customers