Page 208 - Stock Exchange Handbook 2020 - Issue 3
P. 208

JSE – REU                                Profile’s Stock Exchange Handbook: 2020 – Issue 3
                                                              WEBSITE: www.reunert.com
                    Reunert Ltd.                              TELEPHONE: 011-517-9000
        REU                                                   COMPANY SECRETARY: Reunert Management
                                                               Services
                                                              TRANSFER SECRETARY: Computershare
                                                               Investor Services (Pty) Ltd.
                                                              SPONSOR: One Capital
                                                              AUDITORS: Deloitte & Touche
                                                              BANKERS:Investec,NedbankLtd., StandardBank
                                                  Scan the QR code to
                                                   visit our website
                                                  SEGMENTAL REPORTING as at 30 Sep 19 (asa%of Assets)
       ISIN: ZAE000057428  SHORT: REUNERT  CODE: RLO  Information Communication Technologies  45.00%
       REG NO: 1913/004355/06 FOUNDED: 1888  LISTED: 1948  Electrical Engineering    27.00%
                                                    Applied Electronics              23.00%
        NATURE OF BUSINESS:                         Other                             5.00%
        Reunert Ltd. is a South African-based industrial group in the
        industrial goods and services sector. It manages a number of  CALENDAR  Expected  Status
        businesses focused on electrical engineering, information and  Next Final Results  24 Nov 2020  Confirmed
        communication  technologies  and  applied  electronics.  Annual General Meeting  Feb 2021  Unconfirmed
        Reunert’s employees are highly qualified and experienced  Next Interim Results  Jun 2021  Unconfirmed
        engineers, technicians,research anddevelopmentexperts and
        field support staff. Reunert owns well-known brands such as  CAPITAL STRUCTURE  AUTHORISED  ISSUED
        Nashua, CBI-electric andReutech. Reunertpromotesadecen-  RLO  Ords no par value  235 000 000  184 969 196
        tralised management style. While operating decisions are
                                                  DISTRIBUTIONS [ZARc]
        made by the businesses, the Reunert board and executive  Ords no par value  Ldt  Pay  Amt
        team define and monitor long-term strategic plans, risks, per-  Interim No 188  7 Jul 20  13 Jul 20  65.00
        formance and investment decisions.        Final No 187       14 Jan 20  20 Jan 20  383.00
                                                  Interim No 186     18 Jun 19  24 Jun 19  130.00
       SECTOR: Ind—Ind Goods&Srvcs—Elec&Elec Equip—Componts&Equip  Final No 185  15 Jan 19  21 Jan 19  368.00
       MAJOR ORDINARY SHAREHOLDERS as at 03 Feb 2020  LIQUIDITY: Jun20 Ave 2m shares p.w., R97.4m(44.0% p.a.)
         Public Investment Corporation Ltd.  11.20%
         Old Mutual Investment Group (SA) (Pty) Ltd.  10.21%  ELEE   40 Week MA   REUNERT
         Pzena Investment Management LLC   6.00%
                                                                                       8200
       FINANCIAL STATISTICS
       (R million)  Mar 20  Sep 19  Sep 18  Sep 17  Sep 16                             6995
                   Interim  Final  Final  Final  Final
       Turnover      4 144  10 714  10 492  9 773  8 511                               5789
       Op Inc         374  1 361  1 542  1 497  1 315
       NetIntPd(Rcvd)  19   15   - 11  - 65  - 137                                     4584
       Tax            - 31  387  358   437  404
       Minority Int   - 49  14    - 6  30     9                                        3378
       Att Inc       - 277  790  1 158  1 112  954                                     2173
                                                     2015  |  2016  |  2017  |  2018  |  2019  |
       TotCompIncLoss  - 359  809  1 087  1 150  944
       Hline Erngs-CO  - 123  924  1 135  1 111  942  Recent Announcements
       Fixed Ass      830  1 292  1 297  1 095  1 019
       FinCo Acc Rec  1 766  2 082  1 990  1 682  1 449  Reunert interim results March 2020 - Thursday, 18 June 2020:
       Inv & Loans    134  214   214   214  205    Revenuefortheinterimperiodlowered22%toR4.1billion(R5.3
       Def Tax Asset  242  143   151   105  104    billion) whilst operating profit went down 39% to R374 million
       Tot Curr Ass  5 608  5 574  5 748  6 072  6 395  (R615 million). Loss attributable to equity holders came in at
       Ord SH Int    6 349  7 312  7 438  7 138  7 011  R277 million (earnings of R366 million). Furthermore, headline
       Minority Int   73   119    88   105   81    losspersharewas76cps(headlineearningspershareof253cps).
       LT Liab        310  209   381   306  145
       Tot Curr Liab  3 398  2 664  2 546  2 540  2 672  Dividend
                                                   Whilst cognisant of the economic uncertainty going forward, the
                                                   Group’s free cash flow generating capacity remains intact. The
       PER SHARE STATISTICS (cents per share)
       EPS (ZARc)  - 172.00  490.00  717.00  680.00  577.00  actions taken by the company to increase its resilience enables
       HEPS-C (ZARc)  - 76.00  573.00  703.00  679.00  570.00  Reunerttodeclareaninterimdividend,albeitatareducedlevel.
       Pct chng p.a.  - 126.5  - 18.5  3.5  19.1  - 3.1
       Tr 5yr av grwth %  -  3.5  4.5  1.5  - 0.3  Therefore, notice is hereby given that a gross interim cash
       DPS (ZARc)    65.00  513.00  493.00  474.00  439.00  dividend number 188 of 65.0 cents per ordinary share (2019:
       Pct chng p.a.   -    4.1  4.0   8.0   7.9   130.0centsperordinaryshare)hasbeendeclaredbythedirectors
       Tr 5yr av grwth %  -  6.8  6.0  5.2   6.0   for the period ended 31 March 2020.
       NAV PS (ZARc)  3 432.46 3 952.43 4 020.54 3 872.52 3 810.21  Wednesday, 10 June 2020: Reunert is in the process of finalising its
       3 Yr Beta     0.74  0.13  0.35  0.24  0.58  interim financial results (“Results”) for the six month period
       Price High    7 918  8 422  8 875  7 768  7 560  ended 31 March 2020. The board of directors of Reunert
       Price Low     3 851  6 014  6 473  5 933  5 650  (“Board”) will consider and is expected to approve the Results on
       Price Prd End  4 334  6 900  7 600  6 772  6 110
                                                   17 June 2020, for publication on SENS on 18 June 2020.
       RATIOS                                      Accordingly, shareholders of Reunert (“Shareholders”) are
       Ret on SH Fnd  - 10.15  10.82  15.31  15.77  13.58
       Ret On Tot Ass  6.22  14.45  16.51  17.44  16.14  provided herein:
       Oper Pft Mgn  9.03  12.70  14.70  15.32  15.45  - with an operational update, including an overview of: - the
       D:E           0.16  0.07  0.08  0.07  0.08  trading performance of the Company before the impact of the
       Int Cover      n/a  80.47  n/a  n/a  n/a    COVID-19 pandemic is considered;
       Current Ratio  1.65  2.09  2.26  2.39  2.39  - the impact of various impairments raised (which were based on
       Div Cover     - 2.65  0.96  1.45  1.43  1.31  forward-looking information as required by International
       NUMBER OF EMPLOYEES: 6 220                  Financial Reporting Standards (“IFRS”)) against the reduced
       DIRECTORS: Abdool-Samad T (ind ne), DarkoAB(ind ne),  economic activity and credit losses anticipated to arise from the
        Fourie P (ind ne), HulleyJP(ind ne), JagoeSD(ld ind ne),  impact of the COVID-19 pandemic; and
        Martin S (ind ne), Matshoba-Ramuedzisi T (ind ne), Moodley M,
        Orleyn AdvNDB(ne), Munday T S (Chair, ind ne),  - an abnormal item that has arisen; and
        Dickson A E (CEO), Thomson N A (CFO)      - the resulting trading statement.
       POPULAR BRAND NAMES: African Cables, CBI-electric, ECN, Nashua,
        ReutechCommunications,ReutechRadarSystems,ReutechSolutions,Skywire
       POSTAL ADDRESS: PO Box 784391, Sandton, 2146
       EMAIL: invest@reunert.co.za
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