JOHANNESBURG (Reuters) – South African retail group Steinhoff reported on Friday a 7% increase in half-year core earnings, as store performance improved from COVID-19 lockdowns across its markets.
Steinhoff said earnings before interest, taxes, depreciation, and amortization (EBITDA) from continuing operations rose to 686 million euros ($819 million) in the six months ended March 31, from a restated 639 million euros.
($1 = 0.8374 euros)
(Reporting by Nqobile Dludla; Editing by Edmund Blair)
