Reunert increases operating profit by 15%
Monday, 23 November 2015
Reunert, with its strong brands, diversified customer bases and quality value offerings, delivered a solid performance in the financial year, despite the challenges in the current South African macro-economic environment
Friday, 10 July 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
Tuesday, 19 May 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.
Tuesday, 5 May 2015
Reunert advised that, with a reasonable degree of certainty, headline earnings per share and normalised headline earnings per share will be between 254 cents and 279 cents reflecting an increase of between 7% and 17% for the six months ended 31 March 2015.
Reunert Board Changes
Friday, 27 February 2015
Reunert Chief Financial Officer (CFO), Ms Manuela Krog, has tendered her resignation from the Reunert board effective 31 March 2015. Mr Nick Thomson has been appointed to succeed Manuela as CFO and financial director of Reunert.