Italtile Limited announced consolidated turnover results for the six months ended 31 December 2017. The company reported the group's system-wide turnover for the review period was ZAR 4.3 billion, 21.6% higher than the prior corresponding period ZAR 3.50 billion. Like-on-like retail store turnover for the review period decreased by 3.9% compared to the previous corresponding period, with average selling price deflation estimated at 1%. Retail store turnover is defined as the aggregate turnover of all stores, either corporate or franchised, in the group's retail network.

For the six months ended December 31, 2017, the company group's basic earnings per share is expected to be between 48.0 cents and 49.1 cents, representing a decrease of between 5.5% and 3.3% compared to the prior corresponding period. Headline earnings per share are expected to be between 48.0 cents and 49.1 cents, reflecting an increase of between 3.4% and 5.8% compared to the prior corresponding period.