Sector: Industrials
The company is not available at Interactive Brokers
Ellies Holdings Limited (JSE:ELI) is an investment holdings company for businesses involved in the manufacture, trading and distribution of a diverse range of products and services, inclusive of Digital Terrestrial Television (DTT) and satellite products and related accessories, electrical, signal distribution, residential and commercial LED lighting solutions, solar PV, sound and AV equipment distribution and installation.
Ellies Electronics, the heartbeat of the organisation, operates out of 13 branches and trade counters in South Africa, with presence in all nine provinces and wholly-owned branches in Namibia, Botswana and Swaziland. Ellies Industries manufactures, sells and distributes various products including satellite dishes, terrestrial aerials, TV brackets, mounts and shelving solutions, whilst offering bespoke industry solutions and custom-made products.
Ellies listed on the Alternative Exchange of the JSE (AltX) in 2007 and moved to the Main Board in 2010.
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Ellies Electronics has received buyout offers from unnamed third parties that its CEO believes could save the company.
2024-04-11 12:29 +02:00One of the JSE’s longest-surviving technology companies is no more: Ellies Holdings will be wound up and shut down.
2024-04-10 17:43 +02:00One of the JSE’s longest-surviving technology companies has been placed into voluntary business rescue.
2024-01-31 12:05 +02:00Vivica Group has finally taken the wraps off its long-in-development home solar provider, called Stage Zero.
2023-10-25 11:46 +02:00Ellies Holdings has been given the green light to buy Bundu Power, a deal it said is critical to its turnaround plans.
2023-08-29 11:15 +02:00Perennial underperformer Ellies has warned it will splash more red ink over its income statement.
2023-07-25 14:27 +02:00Ellies Holdings has announced plans for a rights offer, seeking to raise R120-million from investors.
2023-06-13 13:48 +02:00Ellies Holdings cautioned investors on Wednesday that it is in negotiations about potential acquisitions in the solar and renewable energy sectors.
2022-09-28 12:37 +02:00Ellies Holdings said on Monday that it will embark on a “formal consultation process” with employees under the Labour Relations Act.
2022-09-26 11:38 +02:00Ellies has unpacked in detail how shifting customer behaviour hurt its 2022 financial results and why it’s gearing up to pivot the business in a new direction.
2022-07-29 14:32 +02:00South Africans are increasingly choosing streaming over satellite TV, Ellies Holdings said on Friday, blaming this in large part for the group swinging to a full-year loss.
2022-07-22 16:20 +02:00Elliot (“Ellie”) Salkow, the founder of Ellies Electronics, is one of the most prominent industry leaders we lost this year.
2021-12-30 13:29 +02:00Shares in JSE-listed electronics group Ellies Holdings plunged as much as 44% on Friday after it issued a weaker-than-expected trading update.
2021-12-10 15:56 +02:00JSE-listed Ellies Electronics has decided to apply to the high court for the liquidation of its manufacturing subsidiary, Ellies Industries, which employs 148 people.
2021-02-12 06:51 +02:00Ellies Holdings reported a sharp turnaround in its fortunes in the six months to 31 October 2020, turning in headline earnings per share of 2.56c against a loss a year ago of 2.91c.
2020-12-04 08:52 +02:00The future of JSE-listed electronics and technology group Ellies is in some doubt after it warned this week that Covid-19 has cast “material uncertainty” over its ability to continue as a going concern.
2020-10-03 08:50 +02:00South African companies have announced plans to cut more than 10 000 jobs less than three months into 2020 with electronics company Ellies the latest to start the process of reducing its headcount
2020-03-03 09:11 +02:00