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Italtile reports improved FY results

PUBLISHED: Wed, 22 Aug 2018 10:49:37 GMT

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Retailer manufacturer of tiles, Italtile, a substantially larger group following its acquisition of Ceramic Industries, declared a raised final dividend of 21 cents for the year ended 30 June 2018. The group also announced payment of a special dividend of 30 cents "in light of the group’s cash reserves being in excess of operational requirements". CNBC Africa is joined by Jan Potgieter, Chief Executive Officer at Italtile.
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