Video: Balwin delivers impressive full-year earnings - CNBC Africa

Balwin delivers impressive full-year earnings


According to Chief Executive Officer and Founder of Balwin, Steve Brookes the company has delivered an excellent performance underpinned by high quality, affordable product offering coupled with exceptional project cost management. The group delivered its full year results today showing that revenue increased 30 per cent to R2.7 billion and gross margin remained on target at 37 per cent in spite of an increase in construction related costs. Profit for the period improved 18 per cent to R661 million. Balwin CEO, Steve Brookes joins CNBC Africa for more.