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Last 6,469
Change Today -31.00 / -0.48%
Volume 752.9K
RLO On Other Exchanges
As of 6:45 AM 05/6/15 All times are local (Market data is delayed by at least 15 minutes).

reunert ltd (RLO) Snapshot

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52 Week High
09/11/14 - $7,210
52 Week Low
11/14/14 - $5,398
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reunert ltd (RLO) Details

Reunert Limited engages in electrical engineering, information communication technologies, and defense and allied electronics businesses. The company’s CBI-Electric segment designs, manufactures, installs, and maintains a range of power cables; manufactures and supplies copper and optical fiber telecommunication cables, as well as low voltage distribution, protection, and control equipment; and supplies high-and medium-voltage switchgears and transformers. This segment serves the mining and building industries; and, municipalities, parastatals, and utilities sectors. Its Nashua segment provides communication services and solutions; voice communications and telecommunications, and data networking solutions; and asset-based financial solutions to associated office automation suppliers, as well as distributes office automation and telecommunication products. This segment serves corporate and retail customers, government, and parastatals. The company’s Reutech segment specializes in tactical VHF/UHF/HF communication systems; designs and manufactures fuzes and related defense products for artillery, mortar, naval, and aircraft weapon systems; develops and manufactures ground and naval search, and tracking radar systems; and designs and manufactures mining radar sensor systems that are used in open-cast mining. It also manufactures and supplies remote controlled weapon platforms; and supplies system engineering and logistic support services in telecommunications, radar, satellite, mining, fare management, and transportation fields. This segment serves local and international defense forces and mining houses. The company primarily operates in South Africa, as well as in Australia, Lesotho, Sweden, the United States, and Zimbabwe. Reunert Limited was founded in 1888 and is headquartered in Sandton, South Africa.

5,654 Employees
Last Reported Date: 01/20/15
Founded in 1888

reunert ltd (RLO) Top Compensated Officers

Chief Executive Officer, Executive Director, ...
Total Annual Compensation: R2.5M
Chief Executive Officer of Nashua Mobile, Exe...
Total Annual Compensation: R6.8M
Compensation as of Fiscal Year 2014.

reunert ltd (RLO) Key Developments

Reunert Ltd. provides earnings guidance for the six months ended March 31, 2015

Reunert Ltd. provided earnings guidance for the six months ended March 31, 2015. In this regard, shareholders are advised that, with a reasonable degree of certainty, headline earnings per share and normalised headline earnings per share will be between 254.0 cents and 279.0 cents reflecting an increase of between 7% and 17% as compared to the 238.5 cents and 237.2 cents respectively in the previous year, while basic earnings per share will be between 280.0 cents and 305.0 cents reflecting an increase of between 18% and 28% as compared to the 237.8 cents in the previous year. The increase in earnings per share is attributable to the moderate improvement in the operating profits of the continuing operations, the interest earned on the proceeds of the Nashua Mobile deal and the additional profit earned on the sale of the Nashua Mobile base.

Reunert Announces Executive Changes

Reunert Limited announced that its Chief Financial Officer (CFO), Ms. Manuela Krog, has tendered her resignation from the Reunert board. Manuela has indicated a desire to change her work-life balance to spend more time with her family. Manuela will step down from the Reunert board and as CFO on 31 March 2015. In order to ensure continuity and a structured handover, her relationship with Reunert will continue from 1 April 2015 on a consultancy basis and in a manner that recognises her decision. Mr. Nick Thomson has been appointed to succeed Manuela as CFO and financial director of Reunert. Nick is a chartered accountant, with extensive financial and commercial experience. His work experience includes serving as a senior partner of a major audit firm and, currently, as CFO and group financial director of a listed entity. Nick is serving a notice period with his current employer and his appointment to the company will take effect on 15 June 2015. The board has appointed Ms. Mohini Moodley as Executive Director: Transformation and Human Resources, with effect from 31 March 2015. Mohini joined Reunert on 1 September 2013 in the position of group human resources and transformation executive.

Reunert Ltd., Annual General Meeting, Feb 16, 2015

Reunert Ltd., Annual General Meeting, Feb 16, 2015., at 09:00 South Africa Standard Time. Location: Lincon Wood Office Park, 6- 10 Woodlands Drive. Agenda: To consider presentation information; to consider election of independent non-executive director of the company; to consider re-election of independent non-executive directors of the company; to consider re-election of audit committee; to consider re-appointment of external auditors; to consider ratification of relating to personal financial interest arising from multiple offices in the company group; to consider approval of issue of shares; to consider general authority to repurchase shares; to consider directors remuneration; to consider financial assistance to entities related or inter-related to the company; to consider signature of documents and authority for implementation of resolutions; and to consider matters raised by shareholders.


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