Lewis Group Limited: Trading Statement for the Year Ended 31 March 2025

Imagery Source: Lewis Group Limited
Information Source: JSE SENS
Lewis Group’s financial results for the year ended 31 March 2025 (“the period”) reflect strong trading and operational performance, driven by continued strong growth in credit sales, expanding margins and robust growth in the debtors’ book.
This performance has been supported by strong growth in other revenue, which continues to benefit from sustained credit sales growth in recent years, as well as an expansion in the gross profit margin in the second half of the year.
The growth in operating costs was contained below the revenue growth.
Debtor costs have reduced slightly despite the significant growth in the group’s debtors’ book. The quality of the debtors’ portfolio continued to improve, with solid collection rates and the proportion of satisfactory paid accounts maintained at record levels.
These factors have contributed to substantial growth in profitability, with headline earnings for the period expected to be between 48% to 58% higher than the R500.4 million reported for the 2024 financial year.
The forecast financial information on which this trading statement is based is the responsibility of the directors and has not been reviewed or reported on by the group’s independent auditor.
The group’s annual results for the year ended 31 March 2025 will be released on SENS on or about 29 May 2025.
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Lewis Group Limited
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