Page 181 - Profile's Stock Exchange Handbook - 2025 Issue 1

Profile’s Stock Exchange Handbook: 2025 – Issue 1 JSE – REU
EMAIL: invest@reunert.co.za
Reunert Ltd. WEBSITE: www.reunert.co.za
TELEPHONE: 011-517-9000
REU
FAX: 011-517-9035
COMPANY SECRETARY: Reunert Management
Services (Pty) Ltd.
TRANSFER SECRETARY: JSE Investor Services
(Pty) Ltd.
SPONSOR: One Capital
AUDITORS: KPMG Inc.
Scan the QR code to BANKERS: Nedbank Ltd., Rand Merchant Bank,
visit our website
Standard Bank
SEGMENTAL REPORTING as at 30 Sep 24 (asa%of Liabilities)
Electrical Engineering 34.80%
ISIN: ZAE000057428 SHORT: REUNERT CODE: RLO Information Communication Technologies 27.52%
REG NO: 1913/004355/06 FOUNDED: 1888 LISTED: 1948 Applied Electronics 20.22%
Other 17.49%
NATURE OF BUSINESS: CALENDAR Expected Status
Reunert is a leading industrial group operating a diversified Annual General Meeting 25 Feb 2025 Confirmed
portfolio of business units organised into its Electrical Engineer- Next Interim Results May 2025 Unconfirmed
ing, ICT and Applied Electronics Segments.
It was established in 1888 and listed on the Johannesburg Stock Next Final Results Nov 2025 Unconfirmed
Exchange in 1948. Reunert is a constituent of the JSE industrial CAPITAL STRUCTURE AUTHORISED ISSUED
goodsandservices(electronicandelectricalequipment)sector. RLO Ords no par value 235 000 000 182 665 316
Reunert is rated AA in the Morgan Stanley Capital International DISTRIBUTIONS [ZARc]
(MSCI)ESGratingsreport.ThisratingacknowledgesReunertas Ords no par value Ldt Pay Amt
anindustryleadermanagingthemostsignificantenvironmental, Final No 197 21 Jan 25 27 Jan 25 276.00
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 Sep 2024 LIQUIDITY: Dec24 Avg 1m shares p.w., R98.0m(39.3% p.a.)
Public Investment Corporation (SOC) Ltd. 13.50%
Old Mutual Investment Group (SA) (Pty) Ltd. 7.60% ELEE 40 Week MA REUNERT
Sanlam Investment Management (Pty) Ltd. 4.90% 8194
FINANCIAL STATISTICS
(R million) Sep 24 Sep 23 Sep 22 Sep 21 Sep 20 7126
Final Final Final Final Final(rst)
6058
Turnover 14 446 13 781 11 129 9 575 8 046
Op Inc 1 531 1 431 1 231 1 050 208
4991
NetIntPd(Rcvd) 71 120 52 42 42
Tax 422 359 293 265 82 3923
Minority Int 1 40 17 - 10 - 40
2855
Att Inc 1 037 919 827 777 47 2019 | 2020 | 2021 | 2022 | 2023 | 2024
TotCompIncLoss 976 933 846 769 - 49
Hline Erngs-CO 1 057 957 826 768 186 Recent Announcements
Fixed Ass 823 811 913 881 826 Thursday, 21 November 2024: The board of directors of the Company
FinCo Acc Rec 1 610 1 688 1 579 1 803 1 778 (the“Board”)announcedthat,duringthe2025financialyear,Nick
Inv & Loans 283 231 126 240 135 Thomson will be retiring from his role as Group Chief Financial
Def Tax Asset 275 202 151 145 172 Officer (“Group CFO”) and as an executive director of the
Tot Curr Ass 8 329 7 358 6 521 5 703 5 260 Company.
Ord SH Int 7 958 7 456 7 057 6 695 6 505 The transition process is being managed in accordance with a
Minority Int 142 174 133 87 38 comprehensive and detailed plan and substantial progress has
LT Liab 1 858 1 739 441 452 348 been made to identify and appoint Nick’s successor. A further
Tot Curr Liab 3 569 3 263 3 301 3 103 2 835 announcement will be made when Nick’s successor has been
PER SHARE STATISTICS (cents per share) selected and a date has been finalised for the new Group CFO to
EPS (ZARc) 652.00 578.00 520.00 483.00 29.00 take office. Nick will assist the Group during the process and
HEPS-C (ZARc) 665.00 602.00 519.00 478.00 115.00 providesupporttoensureaseamlesshandoverofresponsibilities.
Pct chng p.a. 10.5 16.0 8.6 315.7 - 79.9 Reunert final results September 2024 - Thursday, 21 November 2024:
Tr 5yr av grwth % 54.2 48.4 45.9 48.0 - 15.8 Revenue for the year grew to R14.4 billion (2023: R13.8 billion)
DPS (ZARc) 366.00 332.00 299.00 277.00 257.00 whilst operating profit rose to R1.5 billion (2023: R1.4 billion).
Pct chng p.a. 10.2 11.0 7.9 7.8 - 49.9 Profit for the year attributable to equity holders of Reunert
Tr 5yr av grwth% -2.6 -3.8 -5.2 -5.2 -5.2 increased to R1.0 billion (2023: R919 million). In addition,
NAV PS (ZARc) 4 356.60 4 030.94 3 815.23 3 619.52 3 516.80 headline earnings per share came in10% higher at 665 cps (2023:
3 Yr Beta 0.40 0.46 0.47 0.47 0.32 602 cps).
Price High 8 322 6 391 5 582 5 779 7 918 Dividend declaration
Price Low 5 669 4 300 3 611 2 887 2 806 Notice was given that a gross final cash dividend No. 197 of 276.0
Price Prd End 8 100 6 016 4 330 4 751 2 863
RATIOS cents per ordinary share (September 2023: 249.0 cents per
ordinary share) has been declared by the directors for the year
Ret on SH Fnd 12.81 12.57 11.74 11.31 0.11
Ret On Tot Ass 12.61 12.48 12.00 11.52 1.06 ended 30 September 2024.
Oper Pft Mgn 10.60 10.38 11.06 10.97 2.59 Company prospects
D:E 0.23 0.24 0.15 0.18 0.16 Reunert is encouraged by the political developments in South
Int Cover 21.56 11.93 23.67 25.00 4.95 Africa since the elections in May and expect a steady improvement
Current Ratio 2.33 2.25 1.98 1.84 1.86 in key economic indicators. An improvement in South African
Div Cover 1.78 1.74 1.74 1.74 0.11 GDP, GDFI and business confidence will support Reunert’s
NUMBER OF EMPLOYEES: 6 488 growth although we remain cautious on the extent and timing of
DIRECTORS: Abdool-Samad T (ind ne), BoëttgerRJ(ind ne), Dalgleish G the expected rate of improvement in these indices.
B(ind ne), EbokaTNM(ind ne), FourieLP(ind ne), HulleyJP(ind ne), Reunert is well positioned to deliver a growth in year-on-year
Matshoba-RamuedzisiMT(ind ne), Moodley M, financial performance in 2025. The first half of the financial year is
Husain M J (Chair, ind ne), Dickson A E (CEO), Thomson N A (CFO) expectedtoremainchallengingassimilarmarketconditionsas2024
POPULAR BRAND NAMES: +OneX, Blue Nova Energy, CBI-electric, exist, and the phasing of the Group’s defence export contracts, high
ECN, Etion Create, IQ Business, Lumika, Nanoteq, Nashua, Omnigo,
Quince Capital, Reutech Communications, Reutech Radar Systems, voltage orders and the expected increase in infrastructure orders
Reutech Solutions, Skywire, Terra Firma, Zamefa bias the Group’s growth towards the second half.
POSTAL ADDRESS: PO Box 784391, Sandton, 2146
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