Sector: Industrials
The company is available at Interactive Brokers
Reunert Limited (JSE:RLO) manages a portfolio of businesses in the fields of Electrical Engineering, Information Communication Technologies (ICT) and Applied Electronics.
The group operates four business segments:
Electrical Engineering
Electrical Engineering designs, manufactures, installs and maintains a complete range of power cables; manufactures and supplies copper and optical fibre telecommunication cables; and manufactures and supplies low-voltage distribution, protection and control equipment. Its market includes municipalities, parastatals, utilities, and the mining and building industries.
Information Communication Technologies (ICT)
ICT provides data and voice communication and network services and solutions; distributes business systems with products focusing mainly on office automation and telecommunications; and provides asset-backed finance solutions. The market comprises corporate and retail customers, small to medium-sized enterprises (SMEs), and government and state-owned entities (SOEs).
Applied Electronics
Applied Electronics specialises in tactical high-frequency/very high-frequency/ultra-high frequency (HF/VHF/UHF) secure communication systems; designs and manufactures fuzes and related defence products for artillery, mortar, naval and aircraft weapon systems; develops and manufactures ground and naval search and tracking radar systems; develops and manufactures mining radar sensor systems used in underground and open-cast mining; manufactures electronic components and printed circuit boards (PCBs); provides renewable energy engineering solutions; develops and designs robotics; and develops cryptographic products and solutions to meet cybersecurity requirements. 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. Markets include local and international defence forces, municipalities, SOEs, government, mining houses and corporates.
Other
The Other segment is made up of the Group’s administration, finance and property portfolio.
Reunert primarily operates in South Africa, and has a permanent presence in Australia, Lesotho, South Asia, the USA and Zambia. Through distributor partners the group also exports to Europe and Asia.
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Potential dynamics
Reunert has announced it will merge IQbusiness and +OneX to create a single, client-focused IT integration business.
2024-04-10 09:41 +02:00
Microgrids represent a paradigm shift, empowering communities to take control of their energy needs.
2024-03-13 12:55 +02:00
Tautona.ai, founded by well-known tech entrepreneur John Holdsworth, is using AI in an effort to overhaul the insurance industry.
2023-09-14 12:09 +02:00
Reunert, one of South Africa’s longest-lived companies, will begin trading on the A2X next week.
2023-08-07 14:16 +02:00
The Competition Commission has approved Reunert’s acquisition of management and technology consulting firm IQbusiness.
2023-06-05 10:53 +02:00
Reunert has reported improved financial performance for the six months ended 31 March 2023.
2023-05-25 15:17 +02:00
Reunert-owned IT systems integrator +OneX has bought MMC, a privately owned security and managed services provider.
2023-04-17 09:15 +02:00
JSE-listed Reunert has reach an agreement to buy 74.2% of management and technology consulting firm IQbusiness.
2023-03-09 09:00 +02:00
Reunert has reported a 9% improvement in full-year headline earnings per share on the back of a 16% jump in revenue.
2022-11-28 18:36 +02:00
+OneX, the IT services business in the Reunert stable, has acquired EUCafrica, a major player in Citrix on Microsoft Azure in the South African market.
2022-10-04 09:00 +02:00
Reunert would consider an acquisition of EOH Holdings if the listed IT services group was put up for sale, CEO Alan Dickson has told TechCentral.
2022-05-25 18:25 +02:00
Reunert has increased its interim dividend by 7% to 75c/share, despite tough trading conditions that saw it eke out a 1% year-on-year improvement in headline earnings per share.
2022-05-25 12:51 +02:00
+OneX, the systems integrator founded by former EOH executive Rob Godlonton, has made another acquisition – this time of software firm Code Maven.
2021-09-27 15:20 +02:00
JSE-listed Reunert’s newly launched IT services business, +OneX – led by former top EOH executive Rob Godlonton – said on Wednesday that it is buying cloud specialist Triple H Cloud Services.
2021-06-23 15:00 +02:00
Exclusive | Rob Godlonton, a former top executive at EOH Holdings, is spearheading the development of a new IT services business in the JSE-listed Reunert stable.
2021-06-01 13:22 +02:00
Mark Taylor, the former CEO of Nashua and director of parent company, JSE-listed Reunert, has been appointed as CEO of Ricoh Emerging Markets.
2020-10-06 08:25 +02:00
Despite a good performance in its ICT segment, Reunert experienced challenging trading conditions in the first half of its 2020 financial year, with its Electrical Engineering segment adversely impacted.
2020-06-11 06:59 +02:00
Nashua Group has appointed a long-time company executive, Barry Venter, as its new CEO, replacing Mark Taylor at the Reunert-owned technology provider.
2020-05-26 06:53 +02:00
Huge Group CEO James Herbst and chief operating officer Andy Openshaw are in line for a share options windfall, if the proposal is approved by shareholders.
2019-08-31 15:00 +02:00
Mark Taylor will soon step down from the board of Reunert, where he serves as an executive director, ahead of his planned emigration from South Africa next year.
2019-08-26 15:25 +02:00
