Italtile, controlled by the Ravazotti family, is a prominent franchisor of tiles, sanitary ware, flooring, and home finishing products, with a unique business model that encompasses manufacturing and wholesaling its products. The company boasts 206 stores and 6 online web stores, alongside a substantial property portfolio valued at approximately R4.3 billion....
Italtile (ITE) operates as a franchisor in the market of tiles, sanitary ware, flooring, and home finishing products, encompassing manufacturing and wholesale distribution. It is under the control of the Ravazotti family and boasts a network of 206 stores, alongside six online web stores. The company also holds a property portfolio with retail and industrial...
Italtile (ITE) is a franchisor of tiles, sanitary ware, flooring, and home finishing products - which it manufactures and wholesales itself. The company is controlled by the Ravazotti family. It has 206 stores and 6 online web stores. It also has a property portfolio of retail and industrial properties worth about R4,3bn. The company has acquired 95,47% of Ceramic...
Italtile had a very strong start to the year, but lost some steam and are now forming what might turn out to be a bear flag. If this flag breaks to the downside the target will be 1500 -1450. Once again a great company that just ran too hard and is now taking a breather.