Year-to-date, Italtile’s stock is up 6%, offering investors a potential return of $6,070 on a $100,000 investment.
Giovanni Ravazzotti
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This follows an earlier gain of $9.01 million between May 9 and 24, when Ravazzotti’s stake rose from R4.14 billion ($224.99 million) …
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The recent rise in Italtile’s share price strengthens Giovanni Ravazzotti’s position as a major investor on the JSE.
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As a result of the recent share price decline, Ravazzotti, who founded Italtile in 1969 and owns a 33.88-percent stake (447,746,694 shares).
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This follows a previous R227.73 million ($16.8 million) loss between March 28 and April 7, when his stake dipped from R4.57 billion …
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Despite the loss, Ravazzotti retains his position as one of the wealthiest investors on the JSE and one of South Africa’s most …
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Despite this financial setback, Ravazzotti retains his status as one of the high-value investors on the JSE and one of the country’s …
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South African tycoon Giovanni Ravazzotti’s Italtile posts $250 million in half-year revenue
Italtile, controlled by Ravazzotti, recorded revenue amounting to $250.01 million in the first half of its 2024 fiscal year, highlighting operational resilience.
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Ravazzotti, a top figure in the South African business arena, owns a 33.88-percent stake in Italtile — this amounts to a total …
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Ravazzotti, a prominent figure in the South African business arena, owns a 33.88-percent stake in Italtile — this amounts to a total …