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The Reunert group manages a diversified portfolio of businesses in the fields of electrical engineering, information and communication technologies and defence and allied technologies.
We believe that each of these businesses is capable of meeting the group’s objectives for sustainable growth and earnings. We will seek meaningful growth opportunities that are either compatible with our leading competencies or that are sensible, strategically-aligned extensions of our existing businesses.
2015 INTERIM FINANCIAL RESULTS
Unaudited group results and cash dividend declaration
|Last date to trade
|Friday, 9 January 2015|
|First date of trading
|Monday, 12 January 2015|
|Record date||Friday, 16 January 2015|
|Dividend No 177
|Monday, 19 January 2015|
|Annual general meeting||Monday, 16 February 2015|
|Financial year-end||Wednesday, 30 September 2015|
|Announcement of interim results for 2015||Tuesday, 19 May 2015|
|Announcement of final
results for 2015
|Monday, 23 November 2015|
|2015 Integrated Report||Tuesday, 15 December 2015|
July 10th, 2015
Shareholders are advised that Reunert's forecast profit after taxation and basic earnings per share for the year ending 30 September 2015 are both expected to decrease by more than 20% when compared to the 2014 financial year. This is due to the inclusion of the following items of a non-recurring nature in the 2014 financial results: the profit after taxation of R1 397 million, which arose on the disposal of the Nashua Mobile customer bases to the network operators; and the R187 million profit after taxation earned from Nashua Mobile's trading operations during 2014.
Reunert lifts earnings
May 19th, 2015
Notwithstanding a sluggish domestic economy, the adverse impact of load shedding and delays in the commencement of various national infrastructure projects, trading results for the past six months reflect a pleasing improvement over the prior year. This improvement is due to moderate, real growth in operating profit from continuing operations, additional proceeds on the sale of the Nashua Mobile subscriber bases and interest earned on the Nashua Mobile disposal proceeds.