Page 179 - Profile's Stock Exchange Handbook -2024 Issue 4

Profile’s Stock Exchange Handbook: 2024 – Issue 4 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: KPMG Inc.
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 21 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
goodsandservices(electronicandelectricalequipment)sector. CAPITAL STRUCTURE AUTHORISED ISSUED
Reunert is rated AA in the Morgan Stanley Capital International RLO Ords no par value 235 000 000 184 969 196
(MSCI)ESGratingsreport.ThisratingacknowledgesReunertas DISTRIBUTIONS [ZARc]
anindustryleadermanagingthemostsignificantenvironmental, Ords no par value Ldt Pay Amt
social and governance risks and opportunities. Interim No 196 18 Jun 24 24 Jun 24 90.00
Final No 195 23 Jan 24 29 Jan 24 249.00
SECTOR: Inds—IndsGoods&Services—Elec&ElecEquip—Components Interim No 194 20 Jun 23 26 Jun 23 83.00
MAJOR ORDINARY SHAREHOLDERS as at 30 Jun 2024 Final No 193 17 Jan 23 23 Jan 23 224.00
Public Investment Corporation (SOC) Ltd. 16.40%
Old Mutual Investment Group (SA) (Pty) Ltd. 7.80% LIQUIDITY: Sep24 Avg 1m shares p.w., R89.9m(38.4% p.a.)
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
Op Inc 674 1 431 1 231 1 050 208 6010
NetIntPd(Rcvd) 33 120 52 42 42
Tax 166 359 293 265 82 4958
Minority Int 16 40 17 - 10 - 40
Att Inc 459 919 827 777 47 3907
TotCompIncLoss 445 933 846 769 - 49
2855
Hline Erngs-CO 459 957 826 768 186 2019 | 2020 | 2021 | 2022 | 2023 | 2024
Fixed Ass 804 811 913 881 826
FinCo Acc Rec 1 709 1 688 1 579 1 803 1 778 Recent Announcements
Inv & Loans 282 231 126 240 135 Friday, 30 August 2024: Shareholders of Reunert were advised that
Def Tax Asset 245 202 151 145 172 Sarita Martin, an independent non-executive director of the
Tot Curr Ass 7 718 7 358 6 521 5 703 5 260 Company, will retire from the board of directors of Reunert
Ord SH Int 7 505 7 456 7 057 6 695 6 505
Minority Int 170 174 133 87 38 (“Board”), with effect from 30 November 2024.
LT Liab 1 914 1 739 441 452 348 Reunert interim results March 2024 - Wednesday, 22 May 2024:
Tot Curr Liab 3 484 3 263 3 301 3 103 2 835 Revenue increased to R6.6 billion (R6.2 billion) with operating
PER SHARE STATISTICS (cents per share) profit also increasing to R674 million (R620 million), profit for
EPS (ZARc) 289.00 578.00 520.00 483.00 29.00 the period attributable to equity holders of Reunert increased to
HEPS-C (ZARc) 289.00 602.00 519.00 478.00 115.00 R459 million (R412 million). Furthermore, headline earnings
Pct chng p.a. 8.2 16.0 8.6 315.7 - 79.9 per share increased to 289cps (267cps).
Tr 5yr av grwth % - 48.4 45.9 48.0 - 15.8
DPS (ZARc) 90.00 332.00 299.00 277.00 257.00 Cash dividend
Pct chng p.a. 8.4 11.0 7.9 7.8 - 49.9 A gross interim cash dividend No. 196 of 90.0 cents per ordinary
Tr 5yr av grwth % - - 3.8 - 5.2 - 5.2 - 5.2 share (March 2023: 83.0 cents per ordinary share) has been
NAV PS (ZARc) 4 057.43 4 030.94 3 815.23 3 619.52 3 516.80 declaredbytheBoardforthesixmonthsended31March2024.
3 Yr Beta 0.40 0.46 0.47 0.47 0.32 Company prospects
Price High 6 729 6 391 5 582 5 779 7 918
Price Low 5 669 4 300 3 611 2 887 2 806 Reunert continues to expect that an improved financial result in
Price Prd End 6 600 6 016 4 330 4 751 2 863 2024 can be delivered. Whilst the pressure in the South African
RATIOS facing businesses has increased since the 2023 financial
Ret on SH Fnd 12.38 12.57 11.74 11.31 0.11 year-end position, the Group’s results are anticipated to be
Ret On Tot Ass 11.61 12.48 12.00 11.52 1.06 positively supported by:
Oper Pft Mgn 10.15 10.38 11.06 10.97 2.59 - the incorporation of IQ Business (Pty) Ltd. and its subsidiaries’
D:E 0.25 0.24 0.15 0.18 0.16 results for a full 12 months;
Int Cover 20.42 11.93 23.67 25.00 4.95
Current Ratio 2.22 2.25 1.98 1.84 1.86 - the continued positive Defence Cluster’s sales on the back of
Div Cover 3.21 1.74 1.74 1.74 0.11 the strong order book; and
NUMBER OF EMPLOYEES: 6 819 - solid Electrical Engineering growth.
DIRECTORS: Abdool-Samad T (ind ne), Boëttger R J (ind ne), Thursday, 22 February 2024: At the one hundred and tenth (110th)
Dalgleish G B (ind ne), EbokaTNM(ind ne), Fourie L P (ind ne), annual general meeting (“AGM”) of ordinary shareholders of
Hulley J P (ind ne), Martin S (ind ne), Matshoba-Ramuedzisi M T (ind ne),
Moodley M, Husain M J (Chair, ind ne), Dickson A E (CEO), Reunert, held Thursday, 22 February 2024, all the ordinary and
Thomson N A (CFO) special resolutions proposed at the AGM were approved by the
POPULAR BRAND NAMES: +OneX, Blue Nova Energy, CBI-electric, requisite majority of votes.
ECN, Etion Create, Fuchs Electronics, 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