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Profile’s Stock Exchange Handbook: 2024 – Issue 3 JSE – REU
EMAIL: invest@reunert.co.za
Reunert Ltd. WEBSITE: www.reunert.co.za
REU TELEPHONE: 011-517-9000
FAX: 011-517-9035
COMPANY SECRETARY: Reunert Management
Services (Pty) Ltd.
TRANSFER SECRETARY: JSE Investor Services
(Pty) Ltd.
SPONSOR: One Capital
Scan the QR code to AUDITORS: Deloitte & Touche
visit our website BANKERS: Nedbank Ltd., Rand Merchant Bank,
Standard Bank
SEGMENTAL REPORTING as at 30 Sep 23 (asa%of Liabilities)
ISIN: ZAE000057428 SHORT: REUNERT CODE: RLO Electrical Engineering 30.99%
REG NO: 1913/004355/06 FOUNDED: 1888 LISTED: 1948 Other 29.47%
Information Communication Technologies 20.37%
Applied Electronics 19.17%
NATURE OF BUSINESS:
Reunert is a leading industrial group operating a diversified CALENDAR Expected Status
portfolio of business units organised into its Electrical Engineer- Next Final Results 22 Nov 2024 Confirmed
ing, ICT and Applied Electronics segments. Annual General Meeting Feb 2025 Unconfirmed
It was established in 1888 and listed on the Johannesburg Stock Next Interim Results May 2025 Unconfirmed
Exchange in 1948. Reunert is a constituent of the JSE industrial
ISSUED
goodsandservices(electronicandelectricalequipment)sector. CAPITAL STRUCTURE AUTHORISED 184 969 196
Ords no par value
RLO
235 000 000
Reunert is rated AA in the Morgan Stanley Capital International
(MSCI)ESGratingsreport.ThisratingacknowledgesReunertas DISTRIBUTIONS [ZARc]
Amt
Pay
Ldt
anindustryleadermanagingthemostsignificantenvironmental, Ords no par value 18 Jun 24 24 Jun 24 90.00
Interim No 196
social and governance risks and opportunities. Final No 195 23 Jan 24 29 Jan 24 249.00
Interim No 194 20 Jun 23 26 Jun 23 83.00
SECTOR: Inds—IndsGoods&Services—Elec&ElecEquip—Components Final No 193 17 Jan 23 23 Jan 23 224.00
MAJOR ORDINARY SHAREHOLDERS as at 30 Jun 2024
Public Investment Corporation SOC Ltd. 10.40% LIQUIDITY: Jun24 Avg 1m shares p.w., R77.8m(35.5% p.a.)
Old Mutual Investment Group (SA) (Pty) Ltd. 7.80%
Ninety One SA (Pty) Ltd. 6.70% ELEE 40 Week MA REUNERT
FINANCIAL STATISTICS
(R million) Mar 24 Sep 23 Sep 22 Sep 21 Sep 20
Interim Final Final Final Final(rst) 7061
Turnover 6 642 13 781 11 129 9 575 8 046
6010
Op Inc 674 1 431 1 231 1 050 208
NetIntPd(Rcvd) 33 120 52 42 42 4958
Tax 166 359 293 265 82
Minority Int 16 40 17 - 10 - 40 3907
Att Inc 459 919 827 777 47
TotCompIncLoss 445 933 846 769 - 49 2855
2019 | 2020 | 2021 | 2022 | 2023 |
Hline Erngs-CO 459 957 826 768 186
Fixed Ass 804 811 913 881 826 Recent Announcements
FinCo Acc Rec 1 715 1 688 1 579 1 803 1 778 Reunert interim results March 2024 - Wednesday, 22 May 2024:
Inv & Loans 282 231 126 240 135
Def Tax Asset 245 202 151 145 172 Revenue increased to R6.6 billion (R6.2 billion) with operating
Tot Curr Ass 7 718 7 358 6 521 5 703 5 260 profit also increasing to R674 million (R620 million), profit for
Ord SH Int 7 505 7 456 7 057 6 695 6 505 the period attributable to equity holders of Reunert increased to
Minority Int 170 174 133 87 38 R459 million (R412 million). Furthermore, headline earnings
LT Liab 1 914 1 739 441 452 348 per share increased to 289cps (267cps).
Tot Curr Liab 3 484 3 263 3 301 3 103 2 835
Cash dividend
PER SHARE STATISTICS (cents per share) A gross interim cash dividend No. 196 of 90.0 cents per ordinary
EPS (ZARc) 289.00 578.00 520.00 483.00 29.00 share (March 2023: 83.0 cents per ordinary share) has been
HEPS-C (ZARc) 289.00 602.00 519.00 478.00 115.00
Pct chng p.a. - 4.0 16.0 8.6 315.7 - 79.9 declaredbytheBoardforthesixmonthsended31March2024.
Tr 5yr av grwth % - 48.4 45.9 48.0 - 15.8 Company prospects
DPS (ZARc) 90.00 332.00 299.00 277.00 257.00 Reunert continues to expect that an improved financial result in
Pct chng p.a. - 11.0 7.9 7.8 - 49.9 2024 can be delivered. Whilst the pressure in the South African
Tr 5yr av grwth % - - 3.8 - 5.2 - 5.2 - 5.2 facing businesses has increased since the 2023 financial
NAV PS (ZARc) 4 057.43 4 030.94 3 815.23 3 619.52 3 516.80
3 Yr Beta 0.40 0.46 0.47 0.47 0.32 year-end position, the Group’s results are anticipated to be
Price High 6 729 6 391 5 582 5 779 7 918 positively supported by:
Price Low 5 669 4 300 3 611 2 887 2 806 - the incorporation of IQ Business (Pty) Ltd and its subsidiaries’
Price Prd End 6 600 6 016 4 330 4 751 2 863 results for a full 12 months;
RATIOS - the continued positive Defence Cluster’s sales on the back of
Ret on SH Fnd 12.38 12.57 11.74 11.31 0.11 the strong order book; and
Ret On Tot Ass 11.61 12.48 12.00 11.52 1.06
Oper Pft Mgn 10.15 10.38 11.06 10.97 2.59 - solid Electrical Engineering growth.
D:E 0.25 0.24 0.15 0.18 0.16 Thursday, 22 February 2024: At the one hundred and tenth (110th)
Int Cover 20.42 11.93 23.67 25.00 4.95 annual general meeting (“AGM”) of ordinary shareholders of
Current Ratio 2.22 2.25 1.98 1.84 1.86 Reunert, held Thursday, 22 February 2024, all the ordinary and
Div Cover 3.21 1.74 1.74 1.74 0.11 special resolutions proposed at the AGM were approved by the
NUMBER OF EMPLOYEES: 6 819 requisite majority of votes.
DIRECTORS: Abdool-Samad T (ind ne), BoëttgerRJ(ind ne),
DalgleishGB(ind ne), EbokaTNM(ind ne), Fourie P (ind ne),
HulleyJP(ind ne), Martin S (ind ne), Matshoba-Ramuedzisi T (ind ne),
Moodley M, Husain M J (Chair, ind ne), Dickson A E (CEO),
Thomson N A (CFO)
POPULAR BRAND NAMES: +OneX, Blue Nova Energy, CBI-electric,
Etion Create, IQ Business, Lumika, Nanoteq, Nashua, Omnigo, Quince
Capital, Reutech Communications, Reutech Radar Systems, Reutech
Solutions, Skywire, Terra Firma, Zamefa
POSTAL ADDRESS: PO Box 784391, Sandton, 2146
177