Page 178 - Profile's Stock Exchange Handbook - 2025 Issue 2

JSE – REM Profile’s Stock Exchange Handbook: 2025 – Issue 2
Price High 16 385 16 401 14 840 15 176 12 251
Remgro Ltd. Price Low 12 928 11 600 12 207 10 513 8 128
Price Prd End 15 510 13 609 14 705 12 732 11 231
REM
RATIOS
Ret on SH Fnd 6.12 1.99 8.84 12.93 4.88
Ret On Tot Ass 6.59 4.82 4.83 9.51 4.44
Oper Pft Mgn 7.53 5.32 4.85 4.91 6.76
D:E 0.08 0.10 0.15 0.21 0.23
Int Cover n/a n/a 191.53 6.61 5.15
Current Ratio 2.97 2.07 1.86 2.31 2.19
Div Cover 6.86 0.85 7.13 15.52 6.98
NUMBER OF EMPLOYEES: 173
ISIN: ZAE000026480 SHORT: REMGRO CODE: REM DIRECTORS: de Bruyn S E N (ld ind ne), Lubbe M, Mageza N P (ind ne),
REG NO: 1968/006415/06 FOUNDED: 2000 LISTED: 2000 Malherbe J (ne), Moleketi P J (ind ne), Morobe M M (ind ne), Neethling
PJ(alt), Nieuwoudt G G (ne), Rantloane L (ind ne), Rupert A (ne),
NATURE OF BUSINESS: Vosloo C P (alt), Rupert J P (Chair, ne), Robertson F (Co Dep
Originally established in the 1940s by the late Dr Anton Chair, ind ne), DurandJJ(CEO),WilliamsN(CFO)
Rupert, Remgro’s investment portfolio has evolved substan- POSTAL ADDRESS: PO Box 456, Stellenbosch, 7599
tially since then and currently includes investee companies EMAIL: dh@remgro.com
WEBSITE: www.remgro.com
acrossnineplatforms. The Company is listed onthe Johannes- TELEPHONE: 021-888-3000 FAX: 021-888-3399
burg Stock Exchange (JSE), operated by the JSE Ltd. in South COMPANY SECRETARY: Luche Joubert
Africa under the “Financials – Financial Services – Investment TRANSFER SECRETARY: ComputershareInvestor
Banking and Brokerage Services – Diversified Financial Services (Pty) Ltd.
Services” sector, with the share code “REM”. From 3 January SPONSOR: Rand Merchant Bank (A division of
FirstRand Bank Ltd.)
2022, the Company also has a secondary listing on the A2X. AUDITORS: Ernst & Young Inc.
Remgro’s interests consist mainly of investments in the Scan the QR code to BANKERS: First National Bank
healthcare, consumer products, financial services, infrastruc- visit our website
ture, industrial and media industries.
Remgro’s most significant investments are as follows: CALENDAR Expected Status
Mediclinic Group Ltd. (Mediclinic) (50.0% interest), Next Final Results Sep 2025 Unconfirmed
OUTsurance Group Ltd. (OUTsurance Group) (30.6% Annual General Meeting Nov 2025 Unconfirmed
interest), Community Investment Ventures Holdings (Pty) Next Interim Results Mar 2026 Unconfirmed
Ltd. (CIVH) (57.0% interest), Heineken Beverages Holdings
Ltd. (Heineken Beverages) (18.8% interest), RCL Foods Ltd. CAPITAL STRUCTURE AUTHORISED ISSUED
(RCL Foods) (79.9% interest), FirstRand Ltd. (FirstRand) REM Ords no par 1 000 000 000 529 217 007
(2.2% interest), Discovery Ltd. (Discovery) (7.8% interest), DISTRIBUTIONS [ZARc]
Siqalo Foods (Pty) Ltd. (Siqalo Foods) (100.0% interest), Air Ords no par Ldt Pay Amt
Interim No 49 14 Apr 25 22 Apr 25 96.00
Products South Africa (Pty) Ltd. (Air Products) (50.0% Final No 48 12 Nov 24 18 Nov 24 184.00
interest), TotalEnergies Marketing South Africa (Pty) Ltd. Interim No 47 16 Apr 24 22 Apr 24 80.00
(TotalEnergies) (24.9% interest) and Kagiso Tiso Holdings Final No 46 7 Nov 23 13 Nov 23 160.00
(Pty) Ltd. (KTH) (43.5% interest). These investments con- LIQUIDITY: Mar25 Avg 7m shares p.w., R950.6m(66.7% p.a.)
tribute approximately 88% to Remgro’s intrinsic net asset
GENF 40 Week MA REMGRO
value (INAV after tax).
16819
SECTOR: Fins—FinServcs—InvBnkng&BrokerServcs— DiversFinServcs
CONTROLLED BY: Rupert Beleggings (Pty) Ltd. 15121
MAJOR ORDINARY SHAREHOLDERS as at 04 Mar 2025
Public Investment Commissioner 16.62% 13423
Ninety One SA (Pty) Ltd. 5.10%
Fairtree Asset Management (Pty) Ltd. 5.01% 11726
NOTES:Remgrounbundledsharesintheapportionmentratioof0.7255039 10028
unbundled shares on 8 June 2020.
FINANCIAL STATISTICS 8330
2020 | 2021 | 2022 | 2023 | 2024 |
(R million) Dec 24 Jun 24 Jun 23 Jun 22 Jun 21
Interim Final(rst) Final Final(rst) Final Recent Announcements
Sales 26 395 50 424 48 151 41 876 65 803
Op Inc 1 987 2 683 2 335 2 057 4 449 Remgro interim results December 2024 - Tuesday, 25 March 2025:
NetIntPd(Rcvd) - 138 147 17 499 1 102 Continuing operations
Tax 608 948 832 757 1 135 Revenue for the period came in slightly higher at R26.4 billion
Minority Int 264 1 135 1 196 1 840 1 505 (R25.4 billion) with trading profit increasing to R2 billion (R1.5
Att Inc 3 658 1 241 9 624 13 139 3 550 billion). Profit for the period attributable to equity holders rose
TotCompIncLoss 10 263 - 205 21 618 13 033 2 543
Hline Erngs-CO 3 728 5 646 6 642 5 816 2 885 to R3.7 billion (loss of R2 billion). Additionally, headline
Fixed Ass 11 610 11 052 10 230 17 968 16 889 earningspershareinclinedto672cpershare(486cpershare).
Inv in Assoc 74 120 70 038 76 445 50 771 50 207 Declaration of cash dividend no.49
Inv & Loans 21 298 20 066 22 747 21 047 14 702 Notice was given that an interim gross dividend of 96 cents (31
Def Tax Asset 302 194 176 219 208 December 2023: 80 cents) per share has been declared out of
Tot Curr Ass 29 570 26 814 23 707 44 478 37 381 income reserves in respect of both the ordinary shares of no par
Ord SH Int 121 102 112 117 115 920 98 443 88 059
Minority Int 7 152 7 047 6 521 17 437 15 517 value and the unlisted B ordinary shares of no par value, for the
LT Liab 9 706 7 030 11 787 21 128 20 103 six months ended 31 December 2024.
Tot Curr Liab 9 967 12 984 12 740 19 295 17 087 Results webcast and presentation
PER SHARE STATISTICS (cents per share) Shareholders and other interested parties were invited to join
EPS (ZARc) 659.00 224.00 1 710.00 2 328.00 615.77 management in discussing Remgro’s interim results via
HEPS-C (ZARc) 672.00 1 018.00 1 180.00 1 031.00 500.42 webcast at 09:00 am SAST on Tuesday, 25 March 2025 at the
Pct chng p.a. 32.0 - 13.7 14.5 106.0 66.0 following link:
Tr 5yr av grwth % - 20.8 22.6 20.0 3.8
DPS (ZARc) 96.00 264.00 240.00 150.00 88.20 78449.themediaframe.com/links/remgro250325.html
Pct chng p.a. - 10.0 60.0 70.1 - 56.3
Tr 5yr av grwth % - 6.8 6.0 - 4.5 - 17.0
NAV PS (ZARc) 21 788.00 20 204.00 20 751.00 17 452.00 15 275.16
3 Yr Beta 0.86 0.55 0.52 0.84 0.92
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