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| Senior Management Appointments |
Reunert is pleased to announce the following senior management appointments effective 1 February 2010:
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| Reunert Ltd. Buys 60 percent stake in Siemens Enterprise Communications (Pty) Ltd. From Siemens Ltd. |
Reunert Ltd. and Siemens Ltd. South Africa have signed an agreement to transfer Siemens' remaining 60-percent stake in Siemens Enterprise Communications (Pty) Ltd. to Reunert Ltd. |
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| Reunert acquires majority stake in Nashua Central |
Reunert's office automation company, Nashua Limited, has acquired a 60% share in one of its top franchises, Nashua Central for R50 million. The transaction is effective 1 July 2009 and will also incorporate the undiscounted book that will be taken on |
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| Reunert interim results for 6 months ended 31 March 2009 |
The radical deterioration of market conditions since the end of last year had a negative impact on the interim results of infrastructure company Reunert Limited. |
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| Senior appointments at Reunert |
Reunert has announced management changes at its energy cables entity, CBI-electric: african cables. |
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| Annual Report 2008 |
The 2008 report is now available on the Reunert website
http://www.reunert.co.za |
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| Reunert results for year ended 30 september 2008 |
Normalised headline earnings per share up 10%
Final dividend maintained at 241 cents per share
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| Changes in Reunert management |
As of 1 October 2008, Chris Scoble, managing director of Nashua Office Automation, will assume responsibility as managing director for Nashua Mobile. Graham Rhodes, the current financial director of Nashua, will take over as managing director of Nash |
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| REUTECH Announces Consolidated Brand |
The four defence companies in the Reunert group have unified their electronic defence activities under the Reutech brand. |
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| Management changes at Reunert |
Reunert is pleased to announce the following executive management changes: |
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| Reunert appoints new directors |
Reunert has appointed two non-executive directors to strengthen its board. Messrs Thabang Motsohi and Trevor Munday will join the board on 1 June 2008. |
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| Reunert grows interim revenues by 9% and normalised headline earnings by 7% |
Electrical and technology company Reunert Limited increased revenues by 9% to R5,1 billion in the first six months ended 31 March. Operating profit on a comparable basis grew by 6% to R643 million. |
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April 2008
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CBI-electric |
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| CBI announces agreement with Moeller Electric |
Reunert electrical engineering division announced today the appointment of CBI-electric: low voltage as the exclusive distributor for Moeller GmbH Germany in South Africa and selected African countries. |
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| CBI-electric supplies distribution transformers |
CBI-electric Medium Voltage, the newly formed division of CBI-electric, has signed two contracts with Rustenburg Local Municipality. |
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| REUNERT INCREASES NORMALISED HEPS BY 15% |
Electrical engineering and electronics company, Reunert increased normalised headline earnings per share by 15% to 570,3 cents for the year to 30 September 2007. Revenue grew by 16% to R9,6 billion, but operating profit showed a modest increase of 4% |
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November 2007
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Nashua Mobile |
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| Nashua Mobile beefs mailboxes up to 4Gb |
Nashua Mobile Internet, a division of Nashua Mobile, has increased the storage space allocated to its free and paid-for POP mailboxes from 200Mb to 4Gb, meaning that the company's e-mail users now benefit from the most generous mailbox limit offered |
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| RLO - Reunert Limited - Trading statement |
Reunert is finalising its 2007 results. Basic EPS will be between 25% - 35% lower and heps will be down between 40% - 50% due to accounting for the BEE deal completed this year. Normalised HEPS will be up between 10% and 20%. A SENS announcement has |
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October 2007
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Nashua Mobile |
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| Nashua Mobile launches short-term insurance products |
Nashua Mobile, the independent telecom service provider in the Reunert Group, has launched a new division called Nashua Insure to offer its customers a range of short-term insurance products underwritten by Auto & General. |
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July 2007
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Ekurhuleni News |
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| Looking at Maths, Science & Technology differently… For the future of SA |
The shortages of skills in maths, science and technology in SA are well documented. This unfortunate state could hinder the government’s drive to grow the economy at the rate of 6% annually. The Reunert College is doing its bit in addressing this. |
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| Reunert increases revenue by 19% and operating profit by 16% |
Electrical engineering and electronics group, Reunert, grew revenue by 19% to R4,6 billion in the first six months to 31 March 2007 compared to the same period in 2006. |
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| More on Reunert's BEE Deal |
The introduction of Black Economic Empowerment partners into Reunert, and a proposed share ownership scheme for Southern African employees of the Reunert Group. |
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| Reunert takes defence assets off the market |
Reutech CEO Gerrit “Boel” Pretorius has reversed a decision taken last year to sell the company's defence business. |
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| Reunert shareholders give go ahead for BEE deal |
Reunert shareholders today passed all the ordinary and special resolutions proposed in terms of the notice of annual general meeting dated 6 December 2006. The special resolutions will be submitted to the Registrar of Companies for registration. |
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January 2007
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Alton and Reunert |
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| Reunert and Altron merge telecoms cable businesses |
The telecommunications cable manufacturing businesses and assets of Reunert and Altron will merge on 1 February 2007 following the approval of the proposed merger by the Competition Tribunal. |
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| Reunert rewards shareholders and announces BEE deal |
Electronics and electrical engineering group Reunert today announced strong financial results for the year ended 30 September 2006 as well as its intention to introduce strategic black economic empowerment partners into the business. |
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| BEE transaction |
Reunert announced a R1,1 billion plan to introduce black economic empowerment shareholders into the business. A broad based BEE Educational Trust and the founders of Peotona Group Holdings will benefit from this deal. |
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| Trading statement: HEPS up between 25% and 30% |
Reunert is currently finalising its results for the year ended 30 September 2006 which will be released on SENS on or about 21 November 2006. In this regard, shareholders are advised that headline earnings per share will be between 25%-30% higher... |
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| Cautionary announcement: proposed BEE deal |
Reunert shareholders are advised that the Company is significantly advanced with a process that is intended to culminate in the introduction of Black Economic Empowerment ("BEE") partners into Reunert ("the proposed BEE transaction"). |
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| Reunert & PSG to start a new financing company |
Electrical engineering and electronics group Reunert and financial services company PSG Group today announced that they will partner to form a new financing company that will commence business on 1 December 2006. |
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| Trading Statement: Interim earnings 25%-35% higher |
Interim results: 6 months ended 31 March 2006:
Shareholders are advised that earnings per share and headline earnings per share will be between 25% and 35% more than the corresponding reporting period of the previous year.
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| Reunert annual report available online |
Reunert's annual financial statements have been
distributed to shareholders today, 15 December 2005 and contain no modifications to the reviewed results which were released a month ago. |
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| Reunert expects year-end earnings 40%-50% higher |
Shareholders are advised that earnings and headline earnings per share is expected to be between 40% and 50% above the earnings and headline earnings for the comparable period in the previous year.
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October 2005
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2005 Jane's Information Group |
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| Reutech launches new naval surveillance radar |
Reutech Radar Systems of South Africa has launched a new naval X-band surveillance radar, drawing on its experience of air-defence radars, naval trackers and related systems. |
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| Vodacom and Reunert sign far-reaching agreement |
Vodacom and Reunert today confirmed that a long-term and far-reaching agreement has been signed whereby Reunert’s wholly-owned subsidiary, Nashua Mobile, will be a preferred Independent Service Provider to the Vodacom network for at least the next fi |
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| Acuo Biometric Identification System |
Reunert R&D company Acuo Technologies has developed a low cost Biometric Identification System that includes a registration system and an off-line fingerprint matching system. This modular, user friendly system can be used to register, compile and ve |
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| Acuo develops automated mobile call system for Nashua |
Reunert R&D company Acuo Technologies has developed the Mobile Automated Service Call Management System (MASC) for Nashua Ltd. |
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| Reunert increases HEPS by 31% |
Electronics and electrical group Reunert has continued its strong financial performance growing headline earnings per share for the six months to March 2005 by 31%. Turnover increased by 9% to R3,3 billion and operating profit improved by 28% from R |
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| Take Advantage – just SWITCH |
CBI has announced the launch of their electrical wiring accessories product range, the ‘CBI switch advantage’. This range of plugs, sockets, switches, cover plates and other wiring products extends CBI’s influence past the circuit breaker into the ho |
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| REPORT ON PROCEEDINGS AT ANNUAL GENERAL MEETING |
At the 91st annual general meeting of the shareholders of Reunert held, 7 February 2005, the requisite majority of shareholders approved all the ordinary and special resolutions proposed at the meeting.
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| CBI awarded Eskom prepayment meter supply contract |
Circuit Breaker Industries Ltd has been awarded a R15M contract to supply prepayment electricity meters, complete with integral earth leakage, during the course of 2005 |
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| Reunert annual report available online |
The 2004 Reunert annual report is now available online |
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| Reunert continues solid performance; HEPS increases by 51% |
Electronics and electrical engineering company Reunert Limited today announced a 51% increase in headline earnings per share from 184 cents to 278 cents per share for the year ended 30 September. |
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| Moneyweb interview 16-Nov-04 |
After last year’s decline in earnings, Reunert’s year-end results confirm what the interims suggested – that the Siemens Telecommunications blip is out of the system. We’re joined now by Boel Pretorius. |
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November 2004
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Reunert, Powerhouse |
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| Reunert sells 25% of its cable interests to Powerhouse |
Electronics and electrical engineering company Reunert Limited is to sell 25,1% of its cable interests to black owned company Powerhouse Utilities (Pty) Limited. |
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| Reunert trading update |
Reunert shareholders are advised that headline earnings per share are expected to be 45% to 55% above the comparable headline earnings last year. |
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| Reunert proposed scheme of arrangement documentation |
The scheme of arrangement documentation that was mailed to shareholders on 12 August 2004 is available on the Reunert website |
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| UNEXPECTED BONUS FOR REUNERT SHAREHOLDERS |
Reunert has shed more light on its proposed scheme of arrangement which will see investors surrender ten percent of all Reunert ordinary shares being held by them. The company today stated that a large portion of the equivalent of R25 per share to be |
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| Acquisition of a pro-rata portion of Reunert ordinary shareholders' shares by way of a scheme of arrangement and cautionary announcement |
Reunert's cash resources are in excess of its current investment requirements. Accordingly, it is intended that Reunert and its wholly owned subsidiary,Bargenel Investments, will acquire, a pro rata portion of the company's ordinary shares in issue, |
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| REUNERT PUTS R480 MILLION ASIDE FOR RETURN TO SHAREHOLDERS |
Reunert today announced its intention of implementing a pro rata acquisition of ten percent of its ordinary shares in issue (net of treasury shares) at R25 per share. It is intended that this buyback will be by way of a scheme of arrangement and will |
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| Reunert enters Australian market |
Reunert Ltd has entered the Australian market after purchasing the Australian company Heinemann Electric Pty Ltd for R25 million. The change of ownership is effective 1 July 2004. The company, with an estimated turnover of R80 million, will be incorp |
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| Reunert’s cash windfall |
Telecoms, electronics and defence group Reunert generated five and a half times more cash from operations in the first six months of its 2004 financial year than the comparable period and reported good earnings and dividend growth as previous loss-ma |