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Last 63.00
Change Today 0.00 / 0.00%
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ACE On Other Exchanges
As of 11:00 AM 08/31/15 All times are local (Market data is delayed by at least 15 minutes).

accentuate ltd (ACE) Snapshot

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52 Week High
03/6/15 - $70.00
52 Week Low
08/4/15 - $26.00
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accentuate ltd (ACE) Details

Accentuate Limited, together with its subsidiaries, engages in the manufacture, distribution, and installation of flooring solutions primarily in South Africa. It also manufactures and supplies chemical cleaning and infrastructural maintenance solutions. The company operates in three segments: Flooring, Environmental Solutions, and Water Treatment. It offers vinyl floor covering, accessories, self-leveling screeds, vinyl and wood maintenance, engineered and laminated wood floors, textile flooring, and transport flooring products. The company also provides customized chemical and adhesive solutions, including cleaning chemicals and equipment primarily for use in food and beverage industry, commercial property, industrial and mining, specialized and vehicle care, floor care, water purification, metal treatment, and cleaning equipment and parts washing. In addition, it offers water and waste water treatment chemicals, equipment, and technologies comprising water treatment chemicals, resins, waste water treatment plants, sewage treatment plants, design and consulting, turnkey solutions, and water installations. The company was formerly known as SAFIC Holdings Limited and changed its name to Accentuate Limited in May 2008. Accentuate Limited was founded in 1953 and is based in Steeledale, South Africa.

276 Employees
Last Reported Date: 09/29/14
Founded in 1953

accentuate ltd (ACE) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: R2.5M
Chief Financial Officer, Financial Director a...
Total Annual Compensation: R1.6M
Executive Director and Managing Director of F...
Total Annual Compensation: R2.4M
Compensation as of Fiscal Year 2014.

accentuate ltd (ACE) Key Developments

Accentuate Announces Board Changes

Accentuate announced that Mr. Ralph Patmore, who was the lead independent non-executive director of the company has been appointed as independent non-executive Chairman of the Board as of May 27, 2015. Mr. Pieter Kriel has been appointed as a member and Chairman of the Remuneration Committee as of May 27, 2015. Mr. Ralph Patmore will remain a member of the Remuneration Committee.

Accentuate Ltd. Announces Resignation of Malesela David Clement Motlatla as Non-Executive Director

Accentuate Ltd. announced that Dr. Malesela David Clement Motlatla has resigned as Non-Executive Director of the board with effect from 7 March 2015, due to reaching the mandatory retirement age of 75 years. Dr. Motlatla has served as Chairman of the company since June 2006. He has also served as Chairman of Safic (Pty) Ltd, a subsidiary of the company, since December 2000. The board will elect a new Chairman in due course and an announcement in this regard will be made at that time.

Accentuate Ltd. Reports Consolidated Earnings Results for the Six Months Ended December 31, 2014

Accentuate Ltd. reported consolidated earnings results for the six months ended December 31, 2014. For the period, the company reported revenue of ZAR 170.520 million against ZAR 156.802 million a year ago. Earnings before interest, tax, depreciation and amortization was ZAR 10.379 million against ZAR 8.330 million a year ago. Operating profit before interest and taxes was ZAR 7.408 million against ZAR 5.311 million a year ago. Profit before tax was ZAR 6.262 million against ZAR 4.499 million a year ago. Profit attributable to equity holders of the parent was ZAR 4.454 million or 3.76 cents per basic and diluted share against ZAR 3.194 million or 2.82 cents per diluted share a year ago. Headline earnings attributable to the shareholders of the parent was ZAR 4.454 million or 3.76 cents per basic and diluted share against ZAR 3.154 million or 2.77 cents per basic and diluted share a year ago. Net cash from operating activities was ZAR 11.843 million against net cash flow used in operating activities of ZAR 0.292 million a year ago.


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