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<p>It&#8217;s been a tough six months for Truworths &#8211; as it releases its interim results the retailers headline earnings per share are down 7 per cent for the half year ended December 2020.</p>


Truworths CEO on better than expected earnings, what the future holds for office business

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<p>Another retailer hit by the COVID-19 pandemic is Truworths, reporting a 28.2 per cent decrease in headline earnings.</p>


Truworths sees 28.2% decline in headline earnings due to COVID-19

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<p>Truworths interim results revealed decreased diluted HEPS of 4.7 per cent to 361.8 cents, the clothing retailer managed to declare a dividend of 249 cents per share. Despite the tough economic climate Truworths was able to shirk a reasonable amount of debt this year. Truworths CEO, Michael Mark joins CNBC Africa for more.</p>


Tough SA conditions weigh on Truworths performance

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<p>Truworths International reported its full year results with a marginal decline in headline earnings per share by 0.8per cent. Joining CNBC Africa is Michael Mark is the CEO of Truworths.</p>


Michael Mark

Truworths CEO on better than expected earnings, what the future holds for office business

Truworths sees 28.2% decline in headline earnings due to COVID-19

Tough SA conditions weigh on Truworths performance

Truworths reports marginal decrease in earnings

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Michael Mark

Truworths CEO on better than expected earnings, what the future holds for office business

Truworths sees 28.2% decline in headline earnings due to COVID-19

Tough SA conditions weigh on Truworths performance

Truworths reports marginal decrease in earnings

News Tips

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