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JD Group JD Group is South Africa's leading furniture retailer operating through six chains that cover the spectrum of consumer needs. Whilst the chains each have their own identity, merchandise range and market profile, they all concentrate on offering customer value for money, a high level of personal service and a wide range of quality furniture, appliances and home entertainment products. |
JD Group serves the mass market through 547 stores in urban and rural areas across southern Africa, generating annual turnover in excess of R2-billion, and an annual cash flow of some R2.6-billion from trading activities. The group's approach to the next year's business plan is conservative but realistic. The bottom line translates into an acceptable growth in earnings with an ongoing decline in borrowings. |
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Source: Annual Report, BFA-NET, Business Times, I-Net, JSE Handbook | |
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Rank Turnover Taxed Profit Total Assets |
16 R2.27-b 7.8% R2.34-b |
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Furniture groups shape up to tough
conditions