South African manufacturer, franchiser and retailer of tiles, bathroomware and other complementary home-finishing products Italtile achieved solid retail results, built up manufacturing capacity and grew its cash reserves in the financial year ended June 30, despite contending with several challenges. Italtile’s retail brands are CTM, Italtile Retail, TopT and U-Light, represented through a network of 216 stores, including seven online webstores. The retail operation is supported by a vertically integrated supply chain comprising manufacturers, Ceramic Industries and Ezee Tile, import operations and a property portfolio.
