Italtile anticipates stronger H2 as business outlook improves

Despite the improved outlook for South Africa and a gain in consumer confidence stemming from recent political events, retail company Italtile believes the macroeconomic environment will remain challenging in the short term. Italtile management, however, anticipates its performance in the second half of the current financial year to be stronger than that of the second half of the prior year, as well as that of the first half of the current financial year.