Operations Review
Key highlights of FY25 –TSVH GroupTV Sales & Home
- Q4 F25 revenue was 15% up on comparative year and this on the back of a 25% volumes growth.
- YTD revenue was 8% up on prior year on the back of a 13% growth in volumes.
- This growth was underpinned by competitive pricing strategies, the opening of new branches (Mvurwi, Norton, and Hogerty Hill), and an expanded product range. Eastlea shop was closed during the year.
- The credit book grew by 34%, reflecting the results of the company’s competitive credit terms. This translated into a 13% increase in finance income.
- The business opened an Elite Furniture by TVSH premium segment offering exclusive designs and ambience to attract affluent clientele. The shop located along Churchill Ave, opened mid August 2025 but work is still underway to increase product range.
- Management is working on the opening of two new sites and a factory shop is being established at Conald Road.
