Cafca in three months sales cover

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CABLE manufacturer Cafca says its three months sales cover in finished goods stock will allow the company to meet the +/- 1400 stock lines the market requires.
In a trading update for the quarter to June 30, 2022, Cafca secretary Caroline Kangara said the company anticipates increased volumes due to the sales cover.

“Cafca has three months sales cover in finished goods stock, giving us the ability to meet the +/- 1400 stock lines the market requires in relation to our weekly production target of 16-line items. We believe that the next three months’ volume will be higher than the current quarter’s volume, which should result in the company achieving year on year growth in volume sales,” she said.