Cashbuild flags tough environment amid rationalisation strategy
03/09/2019 - 12:51
Building materials retailer Cashbuild weathered a tough trading environment to deliver 3% growth in operating profit for the year to end-June, boosted by an extra trading week and the addition of 11 new stores.
DIY retailers struggle in sputtering economy
07/03/2019 - 13:48
SA’s DIY retail stores have mostly been immune to economic downturns.
Sluggish economy hits Cashbuild as consumers tighten belts
28/08/2018 - 14:15
Building materials retailer Cashbuild reported a 9% drop in full-year net profit to R425.25m, which it blamed on sluggish economic growth putting pressure on consumer spending.
Cashbuild feels the pinch during hard times
07/03/2018 - 09:09
Cashbuild, South Africa’s largest retailer of building materials, is feeling the pinch of SA’s poor economy.
Opening of more stores boosts Cashbuild
23/01/2018 - 08:30
Opening more stores in SA helped to raise Cashbuild’s revenue 4% in the second quarter of its 2018 financial year, which ends in June.
Cashbuild key to success is in lower end
20/01/2017 - 10:10
Cashbuild’s meteoric rise since 2009 came just as stock exchanges around the world imploded into the global financial crisis.
Cashbuild cashes in, sees strong rise in earnings
31/08/2016 - 08:44
CASHBUILD is cashing in on being Southern Africa’s largest retailer of building materials and associated products, selling directly to cash and card-paying customers through 284 stores in SA, Namibia, Lesotho, Botswana, Swaziland, and Malawi.
New stores add to Cashbuild’s revenue and customer base
14/07/2016 - 09:39
CASHBUILD’S revenue jumped 9% in the fourth quarter to June from the previous financial year, with 20 new stores opening since the beginning of July 2014, contributing a 3% increase.
Cashbuild builds strong results in tough climate
03/03/2016 - 09:09
Cashbuild, a major retailer of building materials in Southern Africa, reported a "strong set of results" for the six months ended-December, excluding a once-off empowerment cost of R63m.
Cashbuild plans new stores as sales grow
02/09/2013 - 08:47
Johannesburg - Despite the competitive environment and constrained consumer spending, building material retailer Cashbuild plans to add more than 10 stores in the next financial year.