Page 206 - Profile's Stock Exchange Handbook 2020 Issue 4

JSE – REU Profile’s Stock Exchange Handbook: 2020 – Issue 4
POPULAR BRAND NAMES: African Cables,
Reunert Ltd. CBI-electric, ECN, Nashua, Reutech Communications,
ReutechRadarSystems,ReutechSolutions,Skywire
REU
POSTALADDRESS:POBox784391,Sandton,2146
EMAIL: invest@reunert.co.za
WEBSITE: www.reunert.com
TELEPHONE: 011-517-9000
COMPANY SECRETARY: Reunert Management
Services
Scan the QR code to TRANSFER SECRETARY: Computershare
visit our website Investor Services (Pty) Ltd.
SPONSOR: One Capital
AUDITORS: Deloitte & Touche
ISIN: ZAE000057428 SHORT: REUNERT CODE: RLO BANKERS: Investec, Nedbank Ltd., Standard Bank
REG NO: 1913/004355/06 FOUNDED: 1888 LISTED: 1948 SEGMENTAL REPORTING as at 30 Sep 19 (asa%of Assets)
Information Communication Technologies 45.00%
NATURE OF BUSINESS: Electrical Engineering 27.00%
Reunert Ltd. is a South African-based industrial group in the Applied Electronics 23.00%
5.00%
Other
industrial goods and services sector. It manages a number of
businesses focused on electrical engineering, information and CALENDAR Expected Status
communication technologies and applied electronics. Next Final Results 24 Nov 2020 Confirmed
Reunert’s employees are highly qualified and experienced Annual General Meeting Feb 2021 Unconfirmed
engineers, technicians,research anddevelopmentexperts and Next Interim Results Jun 2021 Unconfirmed
field support staff. Reunert owns well-known brands such as
Nashua, CBI-electric andReutech. Reunertpromotesadecen- CAPITAL STRUCTURE AUTHORISED ISSUED
tralised management style. While operating decisions are RLO Ords no par value 235 000 000 184 969 196
made by the businesses, the Reunert board and executive DISTRIBUTIONS [ZARc]
team define and monitor long-term strategic plans, risks, per- Ords no par value Ldt Pay Amt
formance and investment decisions. Interim No 188 7 Jul 20 13 Jul 20 65.00
Final No 187 14 Jan 20 20 Jan 20 383.00
SECTOR: Ind—Ind Goods&Srvcs—Elec&Elec Equip—Componts&Equip Interim No 186 18 Jun 19 24 Jun 19 130.00
MAJOR ORDINARY SHAREHOLDERS as at 30 Jun 2020 Final No 185 15 Jan 19 21 Jan 19 368.00
Old Mutual Investment Group (SA) (Pty) Ltd. 12.80%
Public Investment Corporation Ltd. 11.60% LIQUIDITY: Sep20 Ave 2m shares p.w., R91.4m(46.8% p.a.)
Pzena Investment Management LLC 6.40% ELEE 40 Week MA REUNERT
FINANCIAL STATISTICS
8200
(R million) Mar 20 Sep 19 Sep 18 Sep 17 Sep 16
Interim Final Final Final Final 6915
Turnover 4 144 10 714 10 492 9 773 8 511
Op Inc 374 1 361 1 542 1 497 1 315 5631
NetIntPd(Rcvd) 19 15 - 11 - 65 - 137
4346
Tax - 31 387 358 437 404
Minority Int - 49 14 - 6 30 9 3062
Att Inc - 277 790 1 158 1 112 954
TotCompIncLoss - 359 809 1 087 1 150 944 2015 | 2016 | 2017 | 2018 | 2019 | 2020 1777
Hline Erngs-CO - 123 924 1 135 1 111 942
Fixed Ass 830 1 292 1 297 1 095 1 019 Recent Announcements
FinCo Acc Rec 1 766 2 082 1 990 1 682 1 449 Friday, 04 September 2020: Reunert (“Shareholders”) are hereby
Inv & Loans 134 214 214 214 205 advised that Ms Karen Louw, who is primarily responsible for
Def Tax Asset 242 143 151 105 104 the company secretarial function of the Company, through its
Tot Curr Ass 5 608 5 574 5 748 6 072 6 395 registered company secretary, being Reunert Management
Ord SH Int 6 349 7 312 7 438 7 138 7 011 Services (Pty) Ltd.(“Reunert Management Services”), has
Minority Int 73 119 88 105 81
LT Liab 310 209 381 306 145 tendered her resignation with effect from 31 December 2020.
Tot Curr Liab 3 398 2 664 2 546 2 540 2 672 Ms Louw’s resignation is due to her decision to emigrate in
PER SHARE STATISTICS (cents per share) 2021. The board respects her decision and would like to thank
EPS (ZARc) - 172.00 490.00 717.00 680.00 577.00 her for the valuable contribution she has made to the Company.
HEPS-C (ZARc) - 76.00 573.00 703.00 679.00 570.00 The Company wishes her well in her future endeavours.
Pct chng p.a. - 126.5 - 18.5 3.5 19.1 - 3.1 Reunert Management Services will remain as the registered
Tr 5yr av grwth % - 3.5 4.5 1.5 - 0.3 company secretary of the Company and Shareholders will be
DPS (ZARc) 65.00 513.00 493.00 474.00 439.00 advised once a replacement for Ms Louw has been appointed.
Pct chng p.a. - 4.1 4.0 8.0 7.9 Reunert interim results March 2020 - Thursday, 18 June 2020:
Tr 5yr av grwth % - 6.8 6.0 5.2 6.0 Revenue for the interim period lowered 22% to R4.1 billion
NAV PS (ZARc) 3 432.46 3 952.43 4 020.54 3 872.52 3 810.21
3 Yr Beta 0.74 0.13 0.35 0.24 0.58 (R5.3 billion) whilst operating profit went down 39% to R374
Price High 7 918 8 422 8 875 7 768 7 560 million(R615million).Lossattributabletoequityholders came
Price Low 3 851 6 014 6 473 5 933 5 650 in at R277 million (earnings of R366 million). Furthermore,
Price Prd End 4 334 6 900 7 600 6 772 6 110 headline loss per share was 76cps (headline earnings per share
RATIOS of 253cps).
Ret on SH Fnd - 10.15 10.82 15.31 15.77 13.58 Dividend
Ret On Tot Ass 6.22 14.45 16.51 17.44 16.14 Whilst cognisant of the economic uncertainty going forward,
Oper Pft Mgn 9.03 12.70 14.70 15.32 15.45 the Group’s free cash flow generating capacity remains intact.
D:E 0.16 0.07 0.08 0.07 0.08 The actions taken by the company to increase its resilience
Int Cover n/a 80.47 n/a n/a n/a enables Reunert to declare an interim dividend, albeit at a
Current Ratio 1.65 2.09 2.26 2.39 2.39
Div Cover - 2.65 0.96 1.45 1.43 1.31 reduced level.
NUMBER OF EMPLOYEES: 6 220 Therefore, notice is hereby given that a gross interim cash
DIRECTORS: Abdool-Samad T (ind ne), DarkoAB(ind ne), dividend number 188 of 65.0 cents per ordinary share (2019:
Fourie P (ind ne), HulleyJP(ind ne), JagoeSD(ld ind ne), 130.0 cents per ordinary share) has been declared by the
Martin S (ind ne), Matshoba-Ramuedzisi T (ind ne), Moodley M, directors for the period ended 31 March 2020.
Orleyn AdvNDB(ne), Munday T S (Chair, ind ne),
Dickson A E (CEO), Thomson N A (CFO)
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