Italtile Ltd traded at 883.00 this Monday February 23rd, decreasing 47.00 or 5.05 percent since the previous trading session. Looking back, over the last four weeks, Italtile lost 11.79 percent. Over the last 12 months, its price fell by 24.66 percent. Looking ahead, we forecast Italtile Ltd to be priced at 905.17 by the end of this quarter and at 834.58 in one year, according to Trading Economics global macro models projections and analysts expectations.
Italtile Limited is a South Africa-based manufacturer, franchisor and retailer of tiles, bathroom ware and other related home-finishing products. The Company operates through five segments: Retail, Franchising, Properties, Supply and Support Services and Manufacturing. Its retail brands are CTM, Italtile Retail, and TopT. The retail operations consist of a vertically integrated supply chain, which includes International Tap Distributors (an importer and distributor of brassware and accessories), and Cedar Point, (an importer of shower enclosures, laminated boards, cabinets, sanitaryware, decor and tiling tools). The Company''s manufacturing operations consist of Ceramic Industries and Ezee Tile. The Supply and Support Services segment distribute tiles, shower enclosures, brassware, laminate and vinyl flooring, accessories, and tiling tools. The Franchising segment is a bearer of South African and non-South African trademarks. The Company has a total network of approximately 216 stores.