Sector: Industrials
The company is not available at Interactive Brokers
ARB Holdings Limited (JSE:ARH) is an investment and property holding company that owns investments in closely related trading and distribution businesses.
Major investment holdings include 74% of ARB Electrical Wholesalers, a level 2 B-BBEE company, which operates 22 electrical branches throughout South Africa, and 60% of Eurolux, which imports and distributes light fittings, lamps and related accessories.
The Group has two main operating divisions:
ARB Electrical Wholesalers
ARB Connect
ARB Global
CraigCor Distribution Co
CED (Consolidated Electrical Distributor (Pty) Ltd – CHINT Distributors)
GMC Powerlines
ARB Electrical Wholesalers is one of Southern Africa’s largest distributors of electrical products. It operates out of 22 branches across South Africa, with a presence in all nine provinces and provides a wide range of internationally recognised and SABS-approved products across three main categories - power and instrumentation cable, overhead line equipment and conductors, and general low-voltage products.
ARB Holdings has a 100% interest in ARB Global, CED and GMC Powerlines, and 74% of ARB Electrical Wholesalers, which in turn owns 60% of CraigCor Distribution Co.
Eurolux
Cathay Lighting
The Radiant Group
Eurolux and Radiant are leading importers and distributors of energy-saving; LED; halogen and fluorescent lamps; light fittings; electrical accessories; cut cable and ancillary products, including fans and lighting components. Eurolux markets under its own well-known brand, as well as Euro Nouveau.
The businesses operate out of two custom-designed distribution centres situated in Johannesburg and Cape Town and sells to retail chains, independent DIY and hardware chains, as well as to resellers such as specialised lighting shops and electrical wholesalers.
ARB Holdings has a 60% interest in Eurolux, which in turn owns 100% of Cathay Lighting and The Radiant Group.
ARB Holdings
Xact ERP Solutions
ARB’s property portfolio, which includes 15 properties, is housed under the Corporate Division. The division provides strategic leadership to the Group and performs the internal audit, secretarial, legal and centralised treasury functions for the underlying operating subsidiaries.
ARB Holdings has a 100% interest in Xact ERP Solutions, which provides the ARB Electrical Group and other third-party clients with specialist IT software and hardware services and support.
Semi-Annual values ($m)
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FCF ($m)
Net Debt / Cash and Equivalents ($m)
EV / EBITDA
Potential dynamics
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2023-11-28Steelmaker blames S.Africa`s weak growth, infrastructure crisis
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2023-10-18South Africa`s central bank said on Tuesday that upside risks to inflation had strengthened over the past months, heightening uncertainty about a precise path for inflation.
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2023-10-04CAPE TOWN (Reuters) -South Africa`s environment ministry has given the go-ahead for TotalEnergies to drill offshore for gas and oil, after rejecting an appeal from more than a dozen individuals and lobby groups who intend challenging the decision.
2023-10-02South Africa`s environment ministry has given the go-ahead for TotalEnergies to drill offshore for gas and oil, after rejecting an appeal from more than a dozen individuals and lobby groups who intend challenging the decision.
2023-10-02Thungela Resources, South Africa`s largest shipper of thermal coal burned in power stations, said its shipments of the fuel have not been impacted by a workers` strike at the country`s key coal export hub.
2023-10-02South Africa`s environment ministry has given the go-ahead for TotalEnergies to drill offshore for natural gas and oil, after rejecting an appeal from more than a dozen individuals and lobby groups, a document seen by Reuters showed.
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2023-08-28Russian President Vladimir Putin told the BRICS summit in South Africa on Thursday that Moscow intends to deepen ties with African countries, and that it would remain a reliable partner for food and fuel supplies.
2023-08-24The South African Reserve Bank is likely to leave its repo rate unchanged this year before kicking off a cutting cycle in early 2024, chopping 25 basis points in every quarter as inflation slows closer to its comfort level, a Reuters poll found.
2023-08-22South African coal miner Exxaro Resources is planning to build up a cash balance of up to 15 billion rand ($788.34 million), partly to fund acquisitions as it widens its search for clean energy minerals, executives said on Thursday.
2023-08-17BRICS leaders meet in South Africa next week to discuss how to turn a loose club of nations accounting for a quarter of the global economy into a geopolitical force that can challenge the West`s dominance in world affairs.
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2023-07-31PRETORIA (Reuters) -South Africa`s central bank decided to halt interest rate hikes on Thursday for the first time since November 2021, but Governor Lesetja Kganyago was quick to add that the pause did not mean an end to the hiking cycle.
2023-07-20South Africa`s central bank decided to halt interest rate hikes on Thursday for the first time since November 2021, but Governor Lesetja Kganyago was quick to add that the pause did not mean an end to the hiking cycle.
2023-07-20South Africa`s central bank on Thursday kept its main lending rate unchanged for the first time since late 2021, following 10 consecutive rate hikes.
2023-07-20By Anait Miridzhanian, Olivia Kumwenda-Mtambo and shafiek tassiem
2023-07-06JOHANNESBURG (Reuters) -The death toll from a leak of poisonous gas in a South African shantytown rose to 17 on Thursday, as officials suggested the accident was probably linked to an illegal mining operation.
2023-07-06South African food producers, among the biggest on the continent, are spending hundreds of millions of rand mitigating prolonged rolling power blackouts, water supply issues and crumbling infrastructure.
2023-07-05Germany and South Africa on Tuesday agreed to cooperate on green hydrogen projects in the latest bid by Europe to tap into Africa`s huge renewable resource potential to meet 2050 net zero targets.
2023-06-27South African miners have increased their efforts to bring on new solar and wind generation, renewables company JUWI said, as they seek to cut costs and emissions and address an electricity crisis that has hit their output and the wider economy.
2023-06-27South African petrochemicals firm Sasol said on Wednesday it had agreed to form a sustainable aviation fuel (SAF) joint venture with Danish decarbonisation company Topsoe as part of a global drive to combat climate change.
2023-06-21South Africa and the governments of the Netherlands and Denmark on Tuesday launched a $1 billion green hydrogen fund to help kick-start an industry seen as critical to the country`s decarbonisation efforts.
2023-06-20South Africa`s finance ministry has appointed a consultant to come up with a plan by August to allow utility Eskom to accept billions in loans designed to help it cut its carbon emissions when the government has blocked it from taking on new debt.
2023-06-15JOHANNESBURG (Reuters) -South Africa is seeking affordable solar panels, wind turbines, battery storage and renewables technology from China, its electricity minister said on Tuesday, as it struggles to put an end to a crippling energy crisis.
2023-06-13South Africa`s Standard Bank Group funded renewable energy projects worth 55 billion rand ($2.79 billion) in 2022, exceeding its green financing target and putting it ahead of the world`s top lenders, it said on Tuesday.
2023-05-30South Africa`s central bank has warned of risks to the country`s financial stability, due to capital outflows and the possibility of sanctions following a U.S. diplomat`s accusation of supplying weapons to Russia to aid its campaign in Ukraine.
2023-05-29When a cholera outbreak was confirmed in Hammanskraal, just north of South Africa`s capital Pretoria, it was hardly a surprise to many of its residents queuing up for handouts of bottles of clean water and soap.
2023-05-25JOHANNESBURG (Reuters) -South Africa`s headline consumer inflation slowed more than expected in April to an 11-month low of 6.8% in annual terms, data showed on Wednesday, but analysts and markets still expect the central bank to hike interest rates on Thursday.
2023-05-24South Africa`s central bank will likely extend its tightening cycle and push rates cuts further into the future amid countrywide power outages and currency weakness, analysts said, adding to inflationary pressures straining businesses and households.
2023-05-24South Africa`s rand extended the previous day`s losses on Thursday as the U.S. dollar hovered near a seven-week high on optimism over U.S. debt ceiling talks.
2023-05-18JOHANNESBURG (Reuters) -South Africa`s climate policy body on Monday suggested the government could delay retiring its ageing coal-fired power plants to address electricity shortages and said a power crisis had put the country on track to meet its climate goals anyway.
2023-05-15South Africa`s climate policy body on Monday suggested the government could delay retiring its ageing coal-fired power plants to address electricity shortages and said a power crisis had put the country on track to meet its climate goals anyway.
2023-05-15South Africa`s top climate policy body on Monday suggested the government could delay retiring its ageing coal-fired power plants to address electricity shortages, adding a power crisis had put the country on track to meet its climate goals anyway.
2023-05-15Conservation groups sued the Federal Aviation Administration on Monday, challenging its approval of expanded rocket launch operations by Elon Musk`s SpaceX next to a national wildlife refuge in South Texas without requiring greater environmental study.
2023-05-01PAVLOHRAD, Ukraine (Reuters) -Russia unleashed a fresh volley of missiles on Ukraine overnight, setting off huge blazes in a city in the east, damaging dozens of homes and causing widespread casualties.
2023-05-01Conservation groups sued the Federal Aviation Administration on Monday, challenging its approval of expanded rocket launch operations by Elon Musk`s SpaceX next to a national wildlife refuge in South Texas without requiring greater environmental study.
2023-05-01The U.S. Supreme Court on Monday agreed to examine how difficult it should be for financial whistleblowers to win retaliation lawsuits against their employers as the justices took up a long-running case involving Switzerland`s UBS Group AG.
2023-05-01PAVLOHRAD, Ukraine (Reuters) -Russia unleashed a fresh volley of missiles on Ukraine overnight, causing huge blazes in a city in the east, damaging dozens of homes and wounding at least 34 people.
2023-05-01Subway, which is exploring a potential $10 billion sale, further shrank last year in the United States as franchisees closed 2.7% of the brand`s sandwich shops, squeezing its royalties and fees.
2023-05-01A group of Arab foreign ministers held a landmark meeting with their Syrian counterpart in Jordan on Monday to discuss how to normalise ties with Syria as part of a political settlement of the country`s more than decade-old conflict, officials said.
2023-05-01Philippines President Ferdinand Marcos Jr said China has agreed to discuss fishing rights in the South China Sea, as he pushed for a "direct communication line" with Beijing on maritime differences.
2023-05-01WASHINGTON (Reuters) -The United States urged China on Saturday to stop harassing Philippine vessels in the South China Sea, pledging to stand with the Philippines after another maritime confrontation between the two Asian countries.
2023-04-30U.S. President Joe Biden and his Indian counterpart, Narendra Modi, will join Pacific Islands leaders next month for a "historic" future-oriented meeting, Papua New Guinea Prime Minister James Marape said on Sunday.
2023-04-30(Reuters) -Ukraine remains in control of a key supply route into Bakhmut, a military spokesperson said on Saturday, as the head of Russia`s mercenary Wagner Group threatened to withdraw some of his troops from the eastern city if Moscow did not send more ammunition.
2023-04-30Ukraine remains in control of a key supply route into Bakhmut, but the situation remains "really difficult" in the besieged eastern city, a Ukrainian military spokesman said on Saturday.
2023-04-30(Reuters) -A gunman shot dead five neighbors including an 8-year old child after some of them had asked the man to stop shooting a semiautomatic rifle in his front yard in Cleveland, Texas, because it was keeping their baby awake, police said on Saturday.
2023-04-30Children account for most of the 109 bodies so far recovered in mass graves linked to a cult in Kenya, the interior minister said on Friday, the latest details in a case that has shocked the country and prompted calls for tighter regulation of religious fringe groups.
2023-04-28GENEVA (Reuters) -A United Nations committee said on Friday it was deeply concerned about human rights violations by Russian forces and private military companies in Ukraine, including enforced disappearances, torture, rape and extrajudicial executions.
2023-04-28A United Nations committee said on Friday it was deeply concerned about human rights violations by Russian forces and private military companies in Ukraine, including enforced disappearances, torture, rape and extrajudicial executions.
2023-04-28Exxon Mobil Corp is in talks with Colombia`s government in hopes of recovering its investment in a fracking pilot project as the U.S. oil major prepares to ditch upstream operations in the Andean country where the government is pushing through a fracking ban, two sources close to the discussions told Reuters.
2023-04-27Russian forces pounded the city of Bakhmut, the months-old focal point of their attempts to capture the eastern Ukrainian industrial region of Donbas, and the head of Russia`s Wagner mercenary force said Ukrainian troops were pouring in ahead of an "inevitable" counter-offensive.
2023-04-27Expanding upon the historic first images of black holes, scientists on Wednesday unveiled the first picture showing the violent events unfolding around one of these ravenous cosmic behemoths, including the launching point of a colossal jet of high-energy particles shooting outward into space.
2023-04-26KHARTOUM (Reuters) -Sudan`s army and a paramilitary force battled on Khartoum`s outskirts on Wednesday, undermining a truce in an 11-day conflict that civilian groups fear will tighten the military`s grip and revive the sway of an ousted autocrat`s loyalists.
2023-04-26U.S. and Philippine armed forces unleashed a volley of missiles on a mock enemy warship in the South China Sea on Wednesday, in a show of military power and a strengthening alliance at a time of rising regional tension.
2023-04-26Global stock markets moved in opposite directions on Wednesday, as European investors responded to strain in the U.S. banking sector but Wall Street futures rose on bullish updates from Microsoft and Google parent Alphabet.
2023-04-26(Reuters) -Many of the fastest-growing occupations held by U.S. workers in the run-up to the pandemic, such as management, finance and transportation, gained even more ground in the first two years of the health crisis, government data released on Tuesday showed.
2023-04-26BRUSSELS (Reuters) -EU countries on Tuesday gave the final approval to the biggest revamp to date of Europe`s carbon market, which is set to make it more costly to pollute and sharpen the 27-member bloc`s main tool for cutting carbon dioxide emissions.
2023-04-25The former Minneapolis-area police officer convicted of killing Daunte Wright was released from prison on Monday after serving part of her sentence for the fatal shooting that took place while another white officer was on trial for George Floyd`s murder in a nearby courtroom.
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