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TFG's robust earnings reflect strategic growth and online success
The Mercury
|June 09, 2025
JSE-LISTED international fashion, homeware and lifestyle retailer TFG’s robust financial results for the year to end-March 2025 were fueled by a strong second half from TFG Africa, store expansion, and the acquisition of White Stuff in the UK.
Headline earnings a share (HEPS) were up 4.6% to 1015.6 cents. The final dividend was raised by 15% to 230 cents a share.
“The result underscored a ‘relentless’ focus on market share growth, margin improvement, and cost management,” CEO Anthony Thunström said in a statement. The group has a portfolio of 39 leading retail brands, with over 4 900 outlets in 23 countries on five continents.
“We are targeting the opening of over 100 new stores in the coming year while optimising our existing footprint. With the Riverfields distribution centre now close to fully operational—alongside our other growth and efficiency strategies—we expect continued improvement in operating margins and capital returns in 2026 and beyond,” said Thunström.
Cette histoire est tirée de l'édition June 09, 2025 de The Mercury.
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