Axia targets new regional markets

At TV Sales & Home revenue grew by 49 percent during the quarter after volumes increased 43 percent to 50 399 units. On a year-to-date basis, revenue was 35 percent ahead of the comparable period, supported by a 39 percent increase in volumes.

AXIA Corporation (Axia) is pursuing expansion into new regional markets as part of its growth strategy, aiming to capitalise on emerging economic opportunities. The group, which owns TV Sales & Home (TVSH) and Transerv, already has a regional footprint through its distribution and logistics subsidiary, Distribution Group Africa (DGA), which operates in Zimbabwe, Zambia and…

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