HOME     SUBSCRIBERS     TRADE     PRODUCTS & SERVICES    
About Sharenet
Enter any share name or code:    

07-Nov-2018
(Official Notice)
Shareholders were advised that at the annual general meeting of shareholders of the Company held on Tuesday, 6 November 2018, all the proposed ordinary and special resolutions, as set out in the notice of annual general meeting contained in the Integrated Annual Report which was posted to shareholders on 28 September 2018, were passed by the requisite majority of shareholders present and voting, in person or by proxy.



Withdrawal of contingent liability

Included in the Annual Financial Statements for the year ended 30 June 2018 was reference to a contingent liability in respect of a summons received from a major listed construction company, as the 3rd respondent (after their insurance company and broker), claiming R76,4m "as a result of the incorrect cable being procured or incorrect cables being installed incorrectly".



We have received a correspondence from the claimant and their attorneys confirming that they have agreed to withdraw the matter against the Group with each party to pay their own legal costs.



Renewal of cautionary

Shareholders are referred to the renewal of cautionary announcement released on SENS on Wednesday, 26 September 2018, and the detailed terms announcement released on SENS on Wednesday 15 August 2018, which advised that ARB and its subsidiary, Eurolux (Pty) Ltd., signed definitive agreements (the "Agreements") with South Ocean Holdings Ltd. ("South Ocean") and its subsidiary Radiant Group (Pty) Ltd. ("Radiant"), in terms of which ARB, through Eurolux, will acquire 100% of the total issued share capital of Radiant and the properties that Radiant operate out of, from South Ocean (the "Transaction").



The announcement further advised that the effective date and final purchase consideration was still to be determined, subject to the fulfilment or waiver of the suspensive conditions or such other date as may be agreed by the parties. The suspensive condition are still outstanding as at the date of this announcement.



Accordingly, shareholders are advised to continue to exercise caution when dealing in the Company?s securities until a further announcement is made on SENS.
05-Oct-2018
(Official Notice)
In accordance with paragraph 16.20(g) and Appendix 1 to Section 11 of the JSE Listing Requirements, notice is hereby given that the annual compliance report relevant to the ARB operational group, in terms of section 13G(2) of the Broad-Based Black Economic Empowerment Act is available on the Company?s website.



28-Sep-2018
(Official Notice)
With regard to the audited results for the year ended 30 June 2018, shareholders are advised that the Integrated Annual Report will be made available on the company?s website at www.arhhold.co.za from Thursday, 27 September 2018 and that the annual financial statements therein contain no modifications to the audited results which were published on SENS on 16 August 2018.



Notice of the annual general meeting

The annual general meeting will be held on Tuesday, 06 November 2018 at 10h00 in the boardroom of the registered office, 10 Mack Road, Prospection, Durban, to transact business as stated in the notice of the annual general meeting.
26-Sep-2018
(Official Notice)
Shareholders are referred to the detailed terms announcement released on SENS on Wednesday 15 August 2018, which advised that ARB and its subsidiary, Eurolux Proprietary Limited, signed definitive agreements (the ?Agreements?) with South Ocean Holdings Limited (?South Ocean?) and its subsidiary Radiant Group Proprietary Limited (?Radiant?), in terms of which ARB, through Eurolux, will acquire 100% of the total issued share capital of Radiant and the properties that Radiant operate out of, from South Ocean (the ?Transaction?).



The announcement further advised that the effective date and final purchase consideration was still to be determined, subject to the fulfilment or waiver of the suspensive conditions or such other date as may be agreed by the parties. The suspensive condition are still outstanding as at the date of this announcement. Accordingly, shareholders are advised to continue to exercise caution when dealing in the Company?s securities until a further announcement is made on SENS.



04-Sep-2018
(Official Notice)
Shareholders are referred to the announcement containing the summarized audited consolidated results for the year ended 30 June 2018, dividend declaration and notice of Annual General Meeting released on the Stock Exchange News Service (?SENS?) on 16 August 2018 and are advised that the exchange control approval to give effect to the payment of the special dividend to foreign holders has been granted by the South African Reserve Bank.
16-Aug-2018
(C)
15-Aug-2018
(Official Notice)
03-Jul-2018
(Official Notice)
Shareholders are advised that ARB and its subsidiary, Eurolux Proprietary Limited, are in advanced discussions with South Ocean Holdings Limited (?South Ocean?) to acquire 100% of the total issued share capital of Radiant Group Proprietary Limited (?Radiant?) and the properties that Radiant operate out of. If successfully concluded, this proposed transaction may have a material effect on the price of the Company?s securities. This will be a category 2 transaction for the Company.



Radiant imports and distributes lighting fittings, lamps and electrical accessories to the housing, infrastructure, building and construction sectors. Radiant distributes its products through lighting warehouses, retail outlets, lighting specialists and electrical wholesalers. The proposed transaction is subject to several conditions precedent, including the conclusion of definitive sale agreements, and a comprehensive due diligence, together with the approval of the shareholders of South Ocean, the JSE and the Competition Commission. Accordingly, shareholders are advised to exercise caution when dealing in the Company?s securities until a further announcement is made on SENS.
15-Feb-2018
(C)
29-Jan-2018
(Official Notice)
Shareholders are advised that ARB expects its earnings per share (?EPS?) for the six months ended 31 December 2017, to be between 36.19 cents and 37.86 cents which is between 30% and 36% higher than the EPS reported for the six months ended 31 December 2016, of 27.84 cents.



It further expects its headline earnings per share (?HEPS?) for the six months ended 31 December 2017, to be between 36.49 cents and 38.18 cents which is between 30% and 36% higher than the HEPS reported for the six months ended 31 December 2016, of 28.07 cents.



The expected increase arises primarily from a IFRS non-cash reduction in the valuation of the Put Option Liability issued to the non-controlling interests in Eurolux, mainly attributable to a decrease in the ARB price earnings ratio applicable in terms of the Put Option. Shareholders are cautioned that this reduction in the valuation of the Put Option Liability is sensitive to the ARB share price and may also reverse in the short term.



ARB?s results for the six months ended 31 December 2017 are expected to be released on or about Thursday, 15 February 2018.
08-Nov-2017
(Official Notice)
Shareholders are hereby advised that at the annual general meeting of shareholders of the company held on Wednesday, 8 November 2017, all the proposed ordinary and special resolutions, as set out in the notice of annual general meeting contained in the Integrated Annual Report which was posted to shareholders on 29 September 2017, were passed by the requisite majority of shareholders present and voting, in person or by proxy.
28-Sep-2017
(Official Notice)
With regard to the audited results for the year ended 30 June 2017, shareholders are advised that the Integrated Annual Report will be made available on the company?s website at http://www.arhhold.co.za from today, 28 September 2017 and that the annual financial statements therein contain no modifications to the audited results which were published on SENS on 18 September 2017.



Notice of the annual general meeting

The annual general meeting will be held on Wednesday, 09 November 2017 at 10h00 in the boardroom of the registered office, 10 Mack Road, Prospection, Durban, to transact business as stated in the notice of the annual general meeting.



The notice and proxy of the annual general meeting will be posted to shareholders today, 28 September 2017. The notice and proxy form are also included in the Integrated Annual Report available on ARB?s website.



The record date to determine which shareholders are entitled to receive the notice of annual general meeting is Friday, 22 September 2017.



The last day to trade and the record date, in order for shareholders to be eligible to attend and vote at the annual general meeting are Tuesday, 31 October 2017 and Friday, 3 November 2017, respectively.



Shareholders are requested to lodge forms of proxy for the annual general meeting, for administrative purposes, by 10h00 on Friday, 8 November 2017. Any proxies not lodged by this time must be handed to the chairperson of the annual general meeting prior to your appointed proxy exercising any of your rights at the annual general meeting.
23-Aug-2017
(Official Notice)
Shareholders are referred to the announcement containing the summarized audited consolidated results for the year ended 30 June 2017, dividend declaration and notice of Annual General Meeting released on the Stock Exchange News Service (?SENS?) on 17 August 2017 and are advised that the exchange control approval to give effect to the payment of the special dividend to foreign holders has been granted by the South African Reserve Bank.
18-Aug-2017
(C)
16-Feb-2017
(C)
Revenue for the interim period was 3% higher at R1.3 billion (R1.2 billion) whilst gross profit grew 5% to R290.2 million (R277.0 million). Profit attributable to ordinary shareholders changed by 1% to R65.4 million (R65.1 million). In addition, headline earnings per share also rose 1% to 28.07cps (27.79cps).



Dividends

ARB's policy is to distribute a single annual dividend for the full year up to a maximum of 40% of net profit after taxation attributable to ordinary shareholders. In line with this policy, no interim dividend has been declared.



Prospects The Group foresees little or no change in the general trading environment given the low economic growth forecast for South Africa. We remain confident that the Group has the resources to continue to build customer loyalty which will open new opportunities for the Electrical Division. This division will continue to invest, in the medium term, in organic growth opportunities through the establishment of new distribution outlets. Trading margins are expected to remain under pressure and costs and working capital will continue to be closely managed. The Electrical Division also has opportunities to supply product from its overhead line department to Eskom which is aiming to increase its electrification target to over 200 000 households by the end of March 2018.



The Lighting Division will continue to expand its product offering to existing customers. Additional space has been leased in Johannesburg in an adjourning property to provide capacity for the new cut wire products and to accommodate a retail "ready pack" plant. The expansion of the Crabtree product range of electrical accessories will give further momentum to this initiative.



The Euro Nouveau concept has been successfully launched in November 2016. Stock orders are currently being placed and delivered to the approved distributors nationally. The expectation is that this ultra-premium range of products will grow to be a meaningful contributor to company sales within the short to medium term.



Whilst no new corporate activity has taken place during the period, the Group continues to evaluate acquisition opportunities.
09-Nov-2016
(Official Notice)
Shareholders are advised that, at the annual general meeting held on 9 November 2016, all the proposed ordinary and special resolutions were passed by the requisite majority of shareholders present and voting, in person or by proxy.
30-Sep-2016
(Official Notice)
Shareholders are advised that the company?s Integrated Report for the year ended 30 June 2016 was posted today, 30 September 2016. The audited annual financial statements set out therein are unchanged from the summarised audited consolidated results which were released on SENS on Wednesday, 24 August 2016.



Included in the Integrated Report is a notice of Annual General Meeting of shareholders which will be held at the company?s registered office located at 10 Mack Road, Prospecton, Durban at 10:00 on Wednesday, 9 November 2016.



The record date, for purposes of determining which shareholders are entitled to receive the notice of Annual General Meeting, was 23 September 2016.



The last day to trade and the record date, in order for shareholders to be eligible to participate in and vote at the Annual General Meeting, are Tuesday, 1 November 2016 and Friday, 4 November 2016, respectively.



The Integrated Report can be found on the company website: www.arbhold.co.za

29-Aug-2016
(Official Notice)
Shareholders are referred to the announcement containing the summarized audited consolidated results for the year ended 30 June 2016, dividend declaration and notice of Annual General Meeting released on the Stock Exchange News Service (?SENS?) on 24 August 2016 and are advised that the exchange control approval to give effect to the payment of the special dividend to foreign holders has been granted by the South African Reserve Bank.
24-Aug-2016
(C)
Revenue for the year increased by 16% to R2.490 billion (2015: R2.151 billion). Gross profit rose by 6% to R548.1 million (2015: R517.3 million). Profit for the year attributable to ordinary shareholders grew by 11.6% to R135.6 million (2015: R121.5 million). Furthermore, headline earnings per share were 15.5% higher at 59.74 cents per share (2015: 51.71 cents per share).



Dividend

In view of the group's continued strong cash generation and its ungeared balance sheet, the board has resolved to declare a dividend of 23.1 cents per share (2015: 20.1 cents per share) for the year ended 30 June 2016, representing the maximum pay-out in terms of the company's dividend policy.



Special dividend

The board has resolved to again declare a special dividend of 10 cents per share (2015: 10 cents) in order to return excess cash to shareholders.



Prospects

Trading conditions are expected to remain challenging for both divisions in the short to medium term, given the continued low or zero economic growth expected in South Africa over the next few years.



Notwithstanding these generally negative economic expectations, the group does foresee opportunities upon which it can capitalise in the next year. These include organic growth opportunities through the opening of new Connect stores in the Electrical Division and through the introduction of additional product ranges in the Lighting Division such as Euro Noveaux, a top range of lighting for discerning buyers.



Eskom has announced that the Multilateral Investment Guarantee Agency (an arm of the World Bank) has provided guarantees of 698,9 million Euro for up to 15 years to back a loan facility entered into with Deutsche and Mizuho Banks, and a R20 billion funding loan from the African Development Bank. These have been raised to fund general expansion programmes, which include the refurbishment of transmission and distribution facilities, and should provide further opportunities for the business.



Notice of Annual General Meeting

Notice is hereby given that the Annual General Meeting of shareholders of ARB will be held at 10:00 on Wednesday, 9 November 2016, at the company's registered office located at 10 Mack Road, Prospecton, Durban. The notice of Annual General Meeting will be contained in the integrated report which will be posted to shareholders by no later than 30 September 2016.





17-Feb-2016
(C)
Revenue for the interim period increased to R1.2 billion (2014: R1.1 billion). Gross profit grew to R277.0 million (2014: R247.1 million). Profit for the period climbed to R85.1 million (2014: R76.6 million) and profit for the period attributable to ordinary share holders increased to R65.1 million (2014: R58.3 million).



Dividends

ARB's policy is to distribute a single annual dividend for the full year up to a maximum of 40% of net profit after taxation attributable to ordinary shareholders. In line with this policy, no interim dividend has been declared.



Prospects

While there are short-term opportunities for the Electrical Division in the run up to the municipal elections, there remain a number of structural challenges in the South African economy, including but not limited to, low growth prospects, a decline in mining and manufacturing activities, an abnormally volatile exchange rate and very limited infrastructure spending.



The Lighting Division is expected to continue its growth with further market share gains and the introduction of additional products to its existing customer base, while the Electrical Division is expected to continue 'mining' the limited project opportunities. On this basis it is essential that the group maintains its disciplined approach to working capital management and optimisation of the operational efficiencies of the existing businesses, while it continues to evaluate acquisition opportunities at the corporate level.
19-Jan-2016
(Official Notice)
The board of directors of ARB (?the board?) announced the appointment of Mr James Dixon as an independent, non-executive director of ARB, with effect from 18 January 2016.



James is a Chartered Accountant who retired as a director/partner of PriceWaterhouseCoopers in 2009. He currently holds three other non-executive positions.



Following James? appointment, the board comprises two executive directors and four non-executive directors, three of which are independent.
12-Nov-2015
(Official Notice)
Shareholders are advised that, at the annual general meeting held today, 12 November 2015, all the proposed ordinary and special resolutions were passed by the requisite majority of shareholders present and voting, in person or by proxy.



The special resolutions will be filed with the Companies and Intellectual Property Commission in due course.



Changes to the board

As previously announced on SENS on 20 August 2015 Gerrit (Boel) Pretorius retired from the board today 12 November 2015.
29-Sep-2015
(Official Notice)
Shareholders are advised that the company?s Integrated Report for the year ended 30 June 2015 was posted on 29 September 2015. The audited annual financial statements set out therein are unchanged from the summarised audited consolidated results which were released on SENS on 21 August 2015.



Included in the Integrated Report is a notice of Annual General Meeting of shareholders which will be held at the company?s registered office located at 10 Mack Road, Prospecton, Durban at 10:00 on Thursday, 12 November 2015. The record date, for purposes of determining which shareholders are entitled to receive the notice of Annual General Meeting, was 16 September 2015.



The last day to trade and the record date, in order for shareholders to be eligible to participate in and vote at the Annual General Meeting, are 30 October 2015 and 6 November 2015, respectively.



The Integrated Report can be found on the company website: www.arbhold.co.za
21-Aug-2015
(C)
Revenue decreased to R2.151 billion (2014: R2.217 billion). Gross profit declined by 2% to R517 million (2014: R527 million), while profit for the year attributable to ordinary shareholders lowered to R117.5 million (2014: R118.2 million). Furthermore, headline earnings per share came in at 49.99cps (2014: 50.28cps).



Dividend

In view of ARB's continued strong cash generation and its ungeared balance sheet, the Board has resolved to declare a dividend of 20,1 cents per share (2014: 20,1 cents per share) for the year ended 30 June 2015.



Special Dividend

The Board has resolved to declare a further special dividend of 10,0 cents per share in order to return excess cash to shareholders.



Notice of Annual General Meeting

Notice is hereby given that the Annual General Meeting of shareholders of ARB will be held at 10:00 on Thursday, 12 November 2015, at the Company's registered office located at 10 Mack Road, Prospecton, Durban. The notice of Annual General Meeting will be contained in the integrated report which will be posted to shareholders by no later than 28 September 2015.



Prospects

The combination of moderating economic growth, the subdued levels of fixed investment activity and the unresolved challenges relating to Eskom suggests a continuation of the tough market conditions experienced over the past few years.



Given these headwinds, ARB will maintain its focus on optimising operational efficiencies in its existing businesses as well as continuing to evaluate strategically-aligned trading and distribution-related acquisitions.
27-Jul-2015
(Official Notice)
Shareholders are referred to the announcement released on SENS on 13 February 2015 and are advised that Grant Scrutton CA(SA), has been appointed as the Group Financial Director, with effect from 1 October 2015.
13-Feb-2015
(Official Notice)
Shareholders are referred to the announcement released on SENS on 18 September 2014 and advised that William (Billy) Neasham, has been appointed as the Group?s Chief Executive Officer with effect from 13 February 2015. The Board has initiated the process of identifying and appointing a Group Financial Director as successor to Billy and will advise shareholders in due course. Billy will retain his responsibilities as acting Group Financial Director until a successor has been appointed.



Shareholders are also advised of the resignation of Jacob Modise as a non-executive director of the Board following his appointment as Chairman of NERSA, with effect from 12 February 2015.
12-Feb-2015
(C)
Revenue for the interim period ended 31 December 2014 lowered to R1.1 billion (2013: R1.2 billion). Gross profit decreased to R247.1 million (2013: R249.5 million), profit for the period dropped to R76.6 million (2013: R77 million), while profit for the period attributable to ordinary shareholders came in at R58.3 million (2013: R58.5 million). Furthermore, headline earnings per share was 24.79cps (2013: 24.88cps).



Dividends

ARB?s policy is to distribute a single, annual dividend for the full year of up to a maximum of 40% of net profit after taxation. In line with this policy, no interim dividend has been declared.



Prospects

Although market conditions are expected to remain challenging for the foreseeable future, the Lighting Division is well-placed to carry its positive momentum into the second half of the financial year and steps have been taken in the Electrical Division to improve its market competitiveness and profitability.



The ongoing power load shedding envisaged by ESKOM presents significant challenges to all South African businesses. The group has taken measures to ensure that it has alternative back up power to facilitate trading during any future outages.
12-Dec-2014
(Official Notice)
Arising from the JSE Ltd. (?JSE?) pro-active monitoring of financial statements, the directors wish to inform shareholders that corrective disclosure is required in respect of other comprehensive income relating to the revaluation of property plant and equipment and the deferred taxation thereon.



This announcement has no effect on the reported Earnings per Share or Headline Earnings per Share for the periods ended 30 June 2014 and 30 June 2013.



As a result of the pro-active monitoring of annual financial statements by the JSE, the company has clarified the components of the comprehensive income and the related deferred tax charge as detailed in the relevant SENS note.
23-Oct-2014
(Official Notice)
Shareholders are advised that, at the annual general meeting held on Wednesday, 22 October 2014, all the proposed ordinary and special resolutions were passed by the requisite majority of shareholders present and voting, in person or by proxy.



Details of the results of voting at the annual general meeting are as follows:

*Total number of issued ordinary shares: 235 000 000

*Total number of issued ordinary shares net of treasury shares ("Total Votable Ordinary Shares"): 235 000 000

*Total number of issued ordinary shares which were present/represented at the annual general meeting: 154 772 815 being 65,86% of the Total Votable Ordinary Shares.

18-Sep-2014
(Official Notice)
Following the resignation of Byron Nichles, the Group's Chief Executive Officer, as announced on SENS on 29 August 2014, the board has appointed Billy Neasham as acting Chief Executive Officer with effect from 1 October 2014 until such time as a permanent appointment is made.



During this period, Billy will retain his existing responsibilities as Group Financial Director.
16-Sep-2014
(Official Notice)
Shareholders are advised that the company?s Integrated Report for the year ended 30 June 2014 was posted today. The audited annual financial statements set out therein are unchanged from the condensed audited results which were released on SENS on 20 August 2014.



Included in the Integrated Report is a notice of Annual General Meeting of shareholders which will be held at the company?s registered office located at 10 Mack Road, Prospecton, Durban at 10:00 on Wednesday, 22 October 2014. The record date, for purposes of determining which shareholders are entitled to receive the notice of Annual General Meeting, was 5 September 2014. The last day to trade and the record date, in order for shareholders to be eligible to participate in and vote at the Annual General Meeting, are 10 October 2014 and 17 October 2014, respectively.



The Integrated Report can be found on the company website: www.arbhold.co.za

29-Aug-2014
(Official Notice)
Shareholders are advised that Byron Nichles, the Group's Chief Executive Officer, has tendered his resignation from ARB with effect from 31 October 2014 in order to pursue another career opportunity.



The Board, acting through the Nominations Committee, will initiate the process of identifying and appointing a successor and will advise shareholders in due course.
20-Aug-2014
(C)
Revenue jumped to R2.2 billion (2013: R1.9 billion). Gross profit grew to R527 million (2013: R425.1 million), while profit for the year attributable to ordinary shareholders rose to R118.2 million (2013: R95.1million). Furthermore, headline earnings per share was higher at 50.285cps (2013: 39.55cps).



Dividend

In view of the Group's continued strong cash generation and its ungeared balance sheet, the Board has resolved to declare a dividend of 20.1cps for the year ended 30 June 2014, representing the maximum payout in terms of the Company's dividend policy. In addition, the board has resolved to declare a further special dividend of 10cps in order to address the Company's capital structure.



Prospects

The combination of continued labour unrest, a slow down in consumer spending, moderating economic growth and subdued levels of fixed investment activity suggests a continuation of the tough market conditions experienced over the past few years. Given these headwinds, the Group will maintain its focus on driving operational efficiencies in its existing businesses as well as continue to evaluate strategically aligned trading and distribution related acquisitions.



Notice of annual general meeting

Notice is hereby given that the Annual General Meeting of shareholders of ARB will be held at 10:00 on Wednesday, 22 October 2014, at the Company's registered office located at 10 Mack Road, Prospecton, Durban. The notice of Annual General Meeting is contained in the Integrated Report which will be posted to shareholders by no later than 16 September 2014.
04-Aug-2014
(Official Notice)
Shareholders are advised that for the year ended 30 June 2014 ARB expects its earnings per share and headline earnings per share to be between 20% and 30% higher than the 40.48 cents and 39.55 cents reported for the year ended 30 June 2013, respectively.



The improvement is attributable to strong trading performances by both the Electrical and Lighting divisions. ARB?s results for the year ended 30 June 2014 will be released on SENS on the 20th August 2014 followed by presentations to the Investment Analysts? Society in Johannesburg and Cape Town on the 25th and 26th of August 2014, respectively. The information on which this trading update has been based has not been reviewed or reported on by the company?s auditors.

14-Feb-2014
(Media Comment)
Business Day highlighted that ARB Holdings CE Byron Nichles says the distributor of the electrical and lighting products will again turn its attention to acquisitive growth, and look to add a third division to the group. ARB reported a 35% rise in headline earnings per share to 24.88c for the six months to December, owing to strong performances from its electrical division and its relatively new lighting division. Mr Nichles added that ARB would focus on continuing the momentum that it has built in the first half of the financial year in both electrical and lighting.
13-Feb-2014
(C)
Revenue increased to R1.2 billion (R964.7 million). Gross profit improved to R249.5 million (R196 million). Net attributable profit rose to R58.5 million (R45.5 million). In addition, headline earnings per share grew to 24.88cps (18.43cps).



Dividends

ARB's policy is to distribute a single, annual dividend for the full year of up to a maximum of 40% of net profit after taxation. In line with this policy, no interim dividend has been declared.



Outlook

Although market conditions are expected to remain challenging for the foreseeable future, both the Electrical and Lighting divisions are well placed to carry their positive momentum into the second half of the financial year. The above prospects statements have not been reviewed or reported on by the company?s auditors.

20-Jan-2014
(Official Notice)
Shareholders are advised that for the six months ended 31 December 2013 ARB expects its:

*earnings per share will be between 25% and 35% higher than the 19.35 cents reported for the six months ended 31 December 2012; and

*headline earnings per share will be between 30% and 40% higher than the 18.43 cents reported for the six months ended 31 December 2012.



The increase is attributable to strong trading performances from both the Electrical and Lighting divisions.



ARB's interim results for the six months ended 31 December 2013 are expected to be released on SENS on 13 February 2014 followed by presentations to the Investment Analysts Society in Johannesburg and Cape Town on the 17th and 18th of February 2014 respectively.
23-Oct-2013
(Official Notice)
Shareholders are hereby advised that, at the annual general meeting of shareholders of the company held, all the proposed ordinary and special resolutions were passed by the requisite majority of shareholders present and voting, in person or by proxy. The special resolutions will be filed with the Companies and Intellectual Property Commission in due course.

16-Sep-2013
(Official Notice)
Shareholders were referred to the results announcement released on SENS on 15 August 2013 and were advised that the company's Integrated Report for the year ended 30 June 2013 was posted today, 6 September 2013.



Included in the Integrated Report is a notice of Annual General Meeting of shareholders as at 6 September 2013 being the record date set by the board of directors of the company for purposes of determining which shareholders are entitled to receive the notice of Annual General Meeting, which will be held at the company's registered office located at 10 Mack Road, Prospecton, Durban at 11:00 on Wednesday, 23 October 2013. The last day to trade and the record date, in order for shareholders to be eligible to participate in and vote at the Annual General Meeting, is 11 October 2013 and 18 October 2013 respectively.



The Integrated Report can be found on the company website: www.arbhold.co.za
30-Aug-2013
(Official Notice)
The board announced the appointment of Mario Louw as company secretary of ARB with effect from 1 October 2013.
15-Aug-2013
(C)
Revenue jumped to R1.9 billion (2012: R1.6 billion). Gross profit grew to R425.1 million (2012: R307.2 million), while profit for the year attributable to ordinary shareholders rose to R95.1 million (2012: R80.6million). Furthermore, headline earnings per share was higher at 39.55cps (2012: 34.25cps).



Dividend

In view of the Group's continued strong cash generation and its ungeared balance sheet, the Board has resolved to declare a dividend of 16.2cps for the year ended 30 June 2013, representing the maximum payout in terms of the Company's dividend policy. In addition, the board has resolved to declare a further special dividend of 10cps in order to address the Company's capital structure.



Prospects

Electrical

Given the prevailing low levels of construction activity, the dual challenges of labour unrest and declining commodity prices impacting the mining sector and lethargic public sector spend, trading conditions are expected to remain tough for the foreseeable future. The Electrical division however is well-placed to benefit from a recovery in any of the above sectors.



Lighting

The recent key customer gains and successful expansion of the product offering to include electrical accessories as well as commercial and project lighting should contribute to the continued top and bottom line growth of the Lighting division in the year ahead despite consumer spending continuing to be under pressure.



The above prospects statements have not been reviewed or reported on by the Company's auditors.



Notice of Annual General Meeting

Notice is hereby given that the Annual General Meeting of shareholders of ARB as at Friday, 6 September 2013, being the record date set by the Board for purposes of determining which shareholders are entitled to receive the notice of Annual General Meeting, will be held at 11:00 on Wednesday, 23 October 2013, at the Company's registered office located at 10 Mack Road, Prospecton, Durban. The notice of Annual General Meeting is contained in the integrated annual report which will be posted to shareholders by no later than 17 September 2013.



05-Aug-2013
(Official Notice)
Shareholders are advised that, for the year ended 30 June 2013, ARB expects its earnings per share to be between 16% and 20% higher and its headline earnings per share to be between 13% and 17% higher than its earnings per share and headline earnings per share for the year ended 30 June 2012, respectively.



In accordance with Circular 3/2012 - Headline Earnings the bargain purchase price achieved on the conclusion of the acquisition of 100% of Industrial Cable Suppliers (Pty) Ltd. has been excluded from the headline earnings calculation resulting in the difference between the increase in headline earnings per share and earnings per share. ARB's results for the year ended 30 June 2013 are expected to be released on 15 August 2013.
14-Feb-2013
(C)
Revenue increased to R964.7 million (R693.5 million). Gross profit improved to R196 million (R130.6 million). Net attributable profit rose to R45.5 million (R36.9 million). In addition, headline earnings per share grew to 18.43cps (15.69cps).



Outlook

While the group remains well positioned to benefit from any improvement in public sector infrastructure spending, all indications point to a continuation of the tough market conditions experienced over the past few years. The recent corporate activity and more diversified revenue and profit base should positively influence the group's results for the remainder of the financial year.
28-Jan-2013
(Official Notice)
Shareholders are advised that, for the six months ended 31 December 2012, ARB expects its earnings per share to be between 20% and 25% higher and its headline earnings per share to be between 15% and 20% higher than its earnings per share and headline earnings per share for the six months ended 31 December 2011, respectively.



In accordance with Circular 3/2012 - Headline Earnings the bargain purchase price achieved on the conclusion of the acquisition of 100% of Industrial Cable Suppliers (Pty) Limited has been excluded from the headline earnings per share calculation resulting inthe difference between the increase in headline earnings per a share andearnings per a share.



ARB's interim results for the six months ended 31 December 2012 are expected to be released on 14 February 2013. The information on which this trading statement has been based has not been reviewed or reported on by the company's auditors.
11-Dec-2012
(Official Notice)
ARB announce that its subsidiary, ARB Electrical Wholesalers (Pty) Ltd (ARB Electrical),has concluded an agreement for the acquisition of 100% of the issued shares of Elektro Vroomen (Pty) Limited (Elektro Vroomen) from The Shamic Trust effective 1 January 2013 ("the acquisition").



Established in 1959, Elektro Vroomen is an electrical wholesaling operation with branches in Bloemfontein and Kathu. The acquisition provides ARB Electrical with an established presence and customer base in the Free State as well as in the fast-growing mining node of Kathu, Northern Cape. Following the acquisition, ARB Electrical?s national footprint will comprise 19 branches including a presence in all nine provinces. The acquisition falls below the 5% threshold for transaction categorisation in terms of the JSE Ltd's Listings Requirements, therefore this announcement is made voluntarily.
24-Oct-2012
(Official Notice)
Shareholders are advised that, at the annual general meeting of shareholders of the company held on 24 October 2012, all the proposed ordinary and special resolutions were passed by the requisite majority of shareholders present and voting, in person or by proxy.
20-Sep-2012
(Official Notice)
Shareholders are referred to the results announcement released on SENS on 16 August 2012 and are hereby advised that the company's Integrated Report for the year ended 30 June 2012 was posted today, 20 September 2012.



Included in the Integrated Report is a notice of Annual General Meeting of shareholders as at 14 September 2012, being the record date set by the board of directors of the company for purposes of determining which shareholders are entitled to receive the notice of Annual General Meeting, which will be held at the company's registered office located at 10 Mack Road, Prospecton, Durban at 11:00 on Wednesday, 24 October 2012.



The Integrated Report can be found on the company website: www.arb.co.za
12-Sep-2012
(Official Notice)
ARB Holdings would hereby like to inform investors that management took part in the RMB Morgan Stanley Off Piste Conference on 10 September 2012. The presentation contains no new material information on current trading or future financial performance. The presentation will be made available on www.arbhold.co.za on the investor relations page.
16-Aug-2012
(C)
Revenue jumped to R1.6 billion (2011: R1.3 billion). Gross profit grew to R307.2 million (2011: R234.8 million), while profit for the year attributable to ordinary shareholders rose to R80.6 million (2011: R72 million). Furthermore, headline earnings per share was higher at 34.25cps (2011: 30.64cps).



Dividend

In view of the group's continued strong cash generation and its ungeared balance sheet, the board has resolved to declare a dividend of 13.7cps (2011: 12.25cps) representing the maximum payout in terms of the company's dividend policy.



Prospects

Although trading conditions are expected to remain tough for the foreseeable future with continued margin pressure being experienced, the group will benefit once the public sector's significantly increased and accelerated infrastructure roll-out commences. The consolidation of Eurolux's and ICS's results for the full year should contribute to the group's continued growth in revenue and profitability for the years ahead. The group remains committed to delivering sustainable earnings growth and value to its shareholders.



Notice of annual general meeting

Notice is given that the annual general meeting of shareholders of ARB as at Friday, 14 September 2012, being the record date set by the board for purposes of determining which shareholders are entitled to receive the notice of annual general meeting, will be held at 11:00 on Wednesday, 24 October 2012 at the company's registered office located at 10 Mack Road, Prospecton, Durban to transact the business as stated in the notice of the annual general meeting contained in the integrated report, which is in the process of being prepared and which will be posted to shareholders by no later than 20 September 2012.
01-Aug-2012
(Official Notice)
Shareholders were advised that ARB expects its earnings per share and headline earnings per share for the year ended 30 June 2012 to be between 10% and 14% higher than the earnings per share and headline earnings per share for the year ended 30 June 2011.



ARB's results for the year ended 30 June 2012 are expected to be released on 16 August 2012. The information on which this voluntary trading update has been based has not been reviewed or reported on by the company's auditors.
29-Jun-2012
(Official Notice)
Further to the announcement dated 4 April 2012 shareholders are advised that all the conditions precedent to the acquisition of 100% of Industrial Cable Suppliers (Pty) Ltd. ("the Acquisition"),including the unconditional approval of the Competition Commission, have either been fulfilled or waived, as the case may be. Accordingly, the Acquisition has become unconditional. The effective date of the Acquisition is Monday, 2 July 2012.
20-Apr-2012
(Official Notice)
After 20 years with the group, the last 15 of which as CEO of ARB Electrical Wholesalers (Pty) Ltd. ("ARB Electrical"), a major subsidiary of the group, Craig Robertson has informed the board of directors of ARB Holdings ("the board") of his desire for a change in lifestyle and his need for a new challenge. Accordingly, Craig will step down as CEO of ARB Electrical with effect from 31 December 2012. Craig remains a significant shareholder in ARB. In accordance with our group succession plan, and following the completion of a formal process by the board to identify a successor, the board announced that Blayne Burke, the current procurement director of ARB Electrical, will be appointed as chief operating officer of ARB Electrical with effect from 1 June 2012 with the intention of assuming the role of CEO of ARB Electrical from 1 January 2013. Over the course of the next eight months, Craig will work very closely with Blayne to ensure a well-structured, smooth and efficient handover process.
13-Apr-2012
(Media Comment)
Finweek reported ARB CEO Byron Nichles as saying that the group's two latest acquisitions may help grow annual revenue by almost 60% this fiscal year. ARB recently acquired Industrial Cable Suppliers (Pty) Ltd. for R55 million and 60% of Eurolux for R81 million. Nicles believes ICS should add between R200 to R240 million and Eurolux to add as much as R250 million to group turnover of R1.256 billion.
04-Apr-2012
(Official Notice)
ARB shareholders were advised that the cautionary announcement which was last renewed on 28 February 2012 is hereby withdrawn.
04-Apr-2012
(Official Notice)
28-Feb-2012
(Official Notice)
Further to the cautionary announcement released on SENS on 17 January 2012, shareholders are advised that the negotiations referred to therein are still in progress and, if successfully concluded, may have an effect on the price at which the company's securities trade on the JSE. Accordingly, shareholders are advised to continue exercising caution when dealing in the company's securities until a further announcement is made.
09-Feb-2012
(C)
Revenue increased to R693.5 million (R614.7 million). Gross profit rose to R130.6 million (R114.7 million). Net attributable profit increased to R36.9 million (R35.4 million). In addition, headline earnings per share grew marginally to 15.69c (15.07cps).



Reminder of cautionary announcement

In the pursuit to deliver sustainable earnings growth, management is committed to growing the group organically as well through acquisitions. The strong statement of financial position enables ARB to pursue opportunities which meet the board's strict evaluation criteria. In this regard shareholders are reminded of the cautionary announcement dated 17 January 2012 and are advised to continue to exercise caution when dealing in the company's securities until a further announcement is made.



Outlook

In the absence of any tangible evidence to suggest an improvement in the general economy, the group continues to explore several opportunities, both organic and acquisitive. Furthermore, the inclusion of Eurolux's results from 3 January 2012 will contribute positively to the group results for the remainder of the current financial year.
02-Dec-2011
(Official Notice)
Shareholders are referred to the announcement dated 25 October 2011 wherein it was announced that ARB had acquired a 60% interest in Eurolux (Pty) Ltd and any claims on shareholders' loan accounts subject to the fulfilment of certain conditions precedent ("the acquisition"). The board advised shareholders that the Competition Commission has unconditionally approved the acquisition. The acquisition remains subject to the fulfilment of certain conditions precedent however these are largely administrative in nature and are expected to be fulfilled during the month of December 2011. As such, the effective date of the acquisition is expected to be 3 January 2012. Shareholders will be informed of any developments in this regard or once the acquisition has become unconditional.
25-Oct-2011
(Official Notice)
25-Oct-2011
(Official Notice)
11-Oct-2011
(Official Notice)
Shareholders were advised that, at the annual general meeting of shareholders of the company held on 11 October 2011 at the registered office of the company, all the proposed ordinary and special resolutions, as contained in the notice of annual general meeting which was posted to shareholders together with the company's integrated report, were passed by the requisite majority of shareholders present and voting, in person or by proxy.
29-Sep-2011
(Official Notice)
Further to the cautionary announcement released on SENS on 12 August 2011, shareholders were advised that the negotiations referred to therein are still in progress and, if successfully concluded, may have an effect on the price at which the company's securities trade on the JSE. Accordingly, shareholders were advised to continue exercising caution when dealing in the company's securities until a further announcement was made.
09-Sep-2011
(Official Notice)
Shareholders are referred to the results announcement released on SENS on 12 August 2011 and are hereby advised that the company`s Integrated Report for the year ended 30 June 2011 was posted today. Included in the Integrated Report is a notice of Annual General Meeting of shareholders as at 2 September 2011, being the record date set by the board of directors of the company for purposes of determining which shareholders are entitled to receive the notice of Annual General Meeting, which will be held at the company's registered office located at 10 Mack Road, Prospecton, Durban at 11:00 on Tuesday, 11 October 2011.
12-Aug-2011
(C)
Revenue for the year ended 30 June 2011 improved to R1.3 billion (R1.1 billion) and gross profit rose to R234.8 million (R200.2 million). Profit before interest and taxation jumped to R110.2 million (R96.6 million), while profit for the year attributable to ordinary shareholders expanded to R72 million (R68.7 million). In addition, headline earnings per share increased marginally to 30.64cps (29.22cps).



Dividend

In view of the group's continued strong cash generation and its ungeared balance sheet, the board has resolved to declare an ordinary dividend of 12.25cps (2010:11.5cps) representing the maximum payout in terms of the company's dividend policy.



Prospects

Despite the disruptive impact of the recent labour strikes; protracted delays in the government's roll out of infrastructure projects and the subdued economic climate, the group's recent and planned growth initiatives are expected to provide further impetus to its performance in the year ahead. The group remains committed to delivering sustainable earnings growth and value to its shareholders.
12-Aug-2011
(Official Notice)
Shareholders are advised that the company has entered into negotiations which, if successfully concluded, may have an effect on the price at which the company's securities trade on the JSE. Accordingly, shareholders are advised to exercise caution when dealing in the company's securities until a further announcement is made.
09-Jun-2011
(Official Notice)
The board of directors of ARB announce the appointment of Mr Gerrit "Boel" Pretorius as an independent, non-executive director of ARB.

24-Feb-2011
(Official Notice)
Shareholders are referred to the directors' dealings announcement released on the Securities Exchange News Service of the JSE Limited ("JSE") on 15 February 2011 whereby shareholders were informed of the sale of shares by Jacob Modise ("Jacob") and Dumisani Muhlwa ("Dumisani"), of 2 000 000 and 1 000 000 ordinary ARB shares ("the sale shares"), respectively, to Batsomi Investment Holdings (Pty) Limited ("Batsomi"). Jacob and Dumisani are shareholders of Batsomi (which is the 26% BEE shareholder in ARB`s major subsidiary, ARB Electrical Wholesalers (Pty) Limited). Shareholders are advised that the transfer of the sale shares was effected through the JSE trading system on 24 February 2011 at R3.80 per share (as per the abovementioned announcement and being the ruling market price at the time of agreeing the transaction).

09-Feb-2011
(C)
Revenue for the interim period under review, improved to R614.7 million (2009: R544.4 million), while profit attributable to ordinary shareholders fell slightly to R35.4 million (2009: R35.7 million). Headline earnings on a per share basis also declined marginally to 15.07cps (2009: 15.19cps).



Dividend

No interim dividend has been declared.



Prospects

Trading in recent months suggests that the post-world cup hangover is slowly lifting however, the extent and sustainability of any recovery is uncertain and as such, the group expects the highly competitive trading environment to continue for the foreseeable future. ARB will continue its focus on profitable market share accretion through the continued expansion of its national branch network. This will be achieved through a combination of opening new branches - such as the recently opened Polokwane branch and the launch of "ARB Connect" - and through value-adding acquisitions - such as Paragon Electrical. Closely related diversification opportunities will also be pursued provided that such opportunities meet the board's strict vetting criteria. The group remains committed to delivering sustainable earnings growth and value to its shareholders.
18 Oct 2010 12:30:18
(Official Notice)
Shareholders are advised that, at the annual general meeting of shareholder of the company held on 18 October 2010 at the registered office of the company, all the proposed ordinary and special resolutions, as contained in the notice of annual general meeting which was posted to shareholders together with the company's annual report, were passed by the requisite majority of shareholders present and voting, in person or by proxy. The special resolution pertaining to the general authority to repurchase the company's shares will be submitted to CIPRO for registration in due course.
23 Sep 2010 11:40:25
(Official Notice)
Shareholders are referred to the results announcement released on SENS on 12 August 2010 and are hereby advised that the company's annual report was posted on 23 September 2010. Included in the annual report is a notice of the AGM of shareholders which will be held at the company's registered office located at 10 Mack Road, Prospecton, Durban at 10h00 on Monday, 18 October 2010.
12-Aug-2010
(C)
28 Jun 2010 12:12:39
(Official Notice)
Notification is hereby given that Ms Khosi Sibisi has tendered her resignation as an independent, non-executive director with effect from 30 June 2010 due to her extensive cross border business commitments.
15 Mar 2010 17:40:52
(Official Notice)
Shareholders were referred to the cautionary announcement published by the company on 15 December 2009 and to the renewal thereof dated 9 February 2010 and are hereby advised that the company has withdrawn from the negotiations referred to therein. Accordingly, shareholders are no longer required to exercise caution when dealing in the company's securities.
09 Feb 2010 09:25:02
(C)
Revenue for the interim period ending December 2009 was R544 364 (R647 212: 2009) . Profit before taxation R60 545 . Total comprehensive income attributable to ordinary shareholders was R35 687 . Headline earnings per share (cents) for the period was 15.19. ARB's dividend policy is to distribute a single, annual dividend for the full year of up to a maximum of one-third of net profit after taxation. In line with this policy, no interim dividend has been declared.



Prospects and strategy

The group's focus on market share growth will be achieved through a combination of acquisitive and organic initiatives. With an ungeared balance sheet and significant cash resources, the group remains well positioned to take advantage of any such opportunities. In this regard, the group is at an advanced stage of planning for the opening of a new branch during the second quarter of 2010. A further announcement will be made in due course. In addition, management continues to evaluate potential value-enhancing acquisitions on an ongoing basis. Africa remains an exciting market for the group and during the period early signs of success were evident in certain SADC countries. The group continues to investigate the correct entry points and business model for penetrating sub- Saharan Africa. Depending on the extent of the anticipated economic recovery, the board expects to report improved results for the second half of the current financial year compared to the results for the comparable prior year period. The group remains committed to delivering sustainable earnings growth and value to its shareholders.



Further cautionary announcement

Further to the cautionary announcement dated 15 December 2009, shareholders are advised the negotiations referred to therein are still in progress and, if successfully concluded, may have an effect on the price at which the company's securities trade on the JSE. Accordingly, shareholders are advised to continue exercising caution when dealing in the company's securities until a further announcement is made.
01 Feb 2010 08:48:37
(Official Notice)
Shareholders are hereby advised that ARB has appointed Grindrod Bank Ltd as sponsor to the company with immediate effect.
20 Jan 2010 12:41:10
(Official Notice)
Shareholders where advised that the company's interim earnings per share and headline earnings per share for the six months ended 31 December 2009 are expected to be between 15% and 25% lower than for the six months ended 31 December 2008.

The decrease is primarily due to the following

* The high base effect of the first quarter of the previous financial year (July to September 2008) during which period trading conditions were very favourable and had not yet been affected by the severe economic downturn which only occurred thereafter

* Lower selling prices during the current period, when compared to the same period in the prior year, most notably in copper related products such as power cables, which impacted the company's trading margins. To this end, the average daily spot copper price in Rands for the first quarter of the current financial year was 24% lower than for the first quarter of the previous financial year.



The financial information on which this trading statement has been based has not been reviewed by or reported on by the company's auditors. The company expects to release its interim results for the six months ended 31 December 2009 on or around 09 February 2010.
15 Dec 2009 15:29:28
(Official Notice)
Shareholders are advised that the company has entered into negotiations which, if successfully concluded, may have an effect on the price at which the company's securities trade on the JSE. Accordingly, shareholders are advised to exercise caution when dealing in the company's securities until a further announcement is made.
01 Dec 2009 11:14:01
(Official Notice)
19 Oct 2009 11:10:25
(Official Notice)
Shareholders are notified that at the company's annual general meeting held on 19 October 2009, all the proposed ordinary resolutions and the special resolution were passed by the requisite majority of shareholders present and voting, in person or by proxy.The special resolution relating to the general authority to repurchase the company's shares will be submitted to CIPRO for registration in due course.
19 Oct 2009 07:38:32
(Official Notice)
Further to the cautionary announcement dated 4 September 2009, shareholders are advised the negotiations referred to therein are still in progress and, if successfully concluded, may have an effect on the price at which the company's securities trade on the JSE Ltd. Accordingly, shareholders are advised to continue exercising caution when dealing in the company's securities until a further announcement is made.
25 Sep 2009 12:05:45
(Official Notice)
Shareholders are hereby advised that the company's annual report was posted. Included in the annual report is a notice of annual general meeting of shareholders which will be held at the company's registered office located at 10 Mack Road, Prospecton, Durban at 10:00 on Monday, 19 October 2009, as well as the annual financial statements for the year ended 30 June 2009, which contain no modifications to the audited results published on SENS on 5 August 2009.
04 Sep 2009 09:50:23
(Official Notice)
Shareholders are advised that the company has entered into negotiations which, if successfully concluded, may have an effect on the price at which the company's securities trade on the JSE. Accordingly, shareholders are advised to exercise caution when dealing in the company's securities until a further announcement is made.
05 Aug 2009 10:42:17
(C)
22 Jul 2009 14:12:01
(Official Notice)
Shareholders are advised that the company's earnings per share and headline earnings per share for the year ended 30 June 2009 are expected to be between 32% and 37% lower than for the year ended 30 June 2008.

The decrease is primarily due to the following factors:

*Sales price deflation, particularly during the second half of the financial year, in certain key product categories due to the dramatic fall in metal prices, most notably copper, which eroded the company's trading margins.

*An increase of 6% in the weighted average number of shares in issue.

The company was strongly cash generative during this period and its balance sheet remains ungeared. The company expects to release its results for the year ended 30 June 2009 on or around 05 August 2009.
22 Jun 2009 08:11:21
(Official Notice)
The company's application to have its listing transferred to the "electrical components and equipment" sub-sector of the JSE lists was successful. This reclassification is in line with, and better reflects, the nature of ARB's main business operations. Accordingly, with effect from the commencement of trading on Monday, 22 June 2009), the listing of ARB's shares has been transferred to the "electrical components and equipment" sub-sector of the JSE lists.
29 May 2009 11:16:20
(Official Notice)
Mr Ralph Bruce Patmore has been appointed to the board as an independent, non-executive director with effect from 29 May 2009.
16 Apr 2009 18:12:13
(Official Notice)
Ms Makhosazana ("Khosi") Sibisi has been appointed to the board as an independent non-executive director with effect from 16 April 2009.
04 Feb 2009 15:25:39
(C)
Revenue increased to R647.2 million (R596.4 million) for the six months to 31 December 2008. Earnings attributable to ordinary shareholders rose slightly to R45.2 million (R45.1 million). In addition, headline earnings per share fell to 19.23cps (21.69cps).



Dividends

No interim dividend has been declared.



Prospects

Management remains cautiously optimistic for the ensuing six months. Sectoral infrastructure expenditure continues and levels of enquiries remain positive. ARB should continue to benefit from parastatal spend over the next five years primarily by Eskom and Transnet. Government's repeated commitment to providing access to electricity and Eskom's continued rural investment programme should benefit ARB. Demand from Eskom's distribution infrastructure operations remains strong with new connections continuing unabated. Eskom's activity should be most evident in the Eastern Cape, KwaZulu-Natal and Limpopo which are targeted as growth nodes. Further, Eskom has begun awarding tenders for coal-fired power stations in line with its programme to radically increase capacity. ARB's established customer base includes the contractors participating in Eskom's expansion programme.

The focus in the medium-term will be growth in market share, both organically and by acquisition. Acquisitions will be considered in light of strict vetting criteria. In addition, ARB will continue to look to cross-border expansion to drive top and bottom line growth.

28 Jan 2009 10:07:29
(Official Notice)
Shareholders are advised that ARB has appointed PSG Capital (Pty) Ltd as sponsor to the company.
04 Nov 2008 13:26:36
(Official Notice)
Shareholders of the group are advised of the following change to the board of directors of ARB:

*The appointment of Byron Nichles to the board as CEO and executive director of ARB effective 1 February 2009.

*Current CEO Craig Robertson will focus exclusively on key operating subsidiary ARB Electrical Wholesalers leveraging his sixteen years of experience with the business.
29 Oct 2008 11:36:19
(Official Notice)
Shareholders are notified that at the company's annual general meeting held on 29 October 2008, the special resolution and ordinary resolutions proposed thereat were duly passed by the requisite majority of votes. The special resolution granting general authority to the directors to repurchase the company's shares will be lodged for registration with the Registrar of Companies in due course.
30 Sep 2008 11:14:36
(Official Notice)
Shareholders are advised that the company's audited annual financial statements for the year ended 30 June 2008, reflected in the annual report posted on 30 September 2008 are unchanged from the audited results released on SENS on 27 August 2008. Notice is hereby given that the annual general meeting of ARB will be held at 10:00 on Wednesday, 29 October 2008 at Riverside Hotel, 10 Northway Drive, Durban North, Durban. The notice of annual general meeting is issued with the annual report, which contains the annual financial statements of ARB for the year ended 30 June 2008.
27 Aug 2008 08:23:27
(C)
Revenue increased by 28.3% to R1.34 billion from R1.05 billion in the previous year. Profit attributable to ordinary shareholders grew to R104.1 million from R84.2 million, 3% ahead of the forecast in the prospectus. Headline earnings of R104.1 million, up 23.7% year-on-year, translated into headline earnings per share of 47.05 cents compared to 42.10 cents. Cash raised from listing of R171.4 million was used to expunge debt, extend ARB`s geographical footprint and fund further expansion in existing markets.



Dividends

ARB has declared a dividend for the year of 13 cents per share. This is in line with the policy set out in the prospectus to distribute a final dividend of up to a maximum of one third of net profit after taxation.



Prospects

A new division, ARB Mining, was established subsequent to year-end to take advantage of the buoyant mining sector in South Africa. ARB is currently undergoing accreditation with a number of key mining houses and some early signs of success are encouraging. In addition the group has established ARB Global to focus exclusively on exports into Africa. The new division is expected to benefit from infrastructure development and growth in industry on the continent. The directors anticipate further growth in market share as a result of investment in ARB`s presence in Gauteng, Cape Town and Nelspruit. Increased government and Eskom infrastructure expenditure is expected to drive sales growth for ARB. Despite the current power crisis, the electrification of rural areas continues unabated particularly in schools and clinics as well as in low-cost housing. ARB will continue to evaluate appropriate acquisition opportunities in complementary industries.
18 Jul 2008 08:11:54
(Media Comment)
Business Day reported that ARB has established a new global company to supply exports to Africa. ARB is aiming to grow its export revenue from R50 million to R250 million in the short term.
05 Jun 2008 09:07:57
(Media Comment)
According to the Financial Mail, ARB's CEO Craig Robertson is not concerned with ARB's steady growth when compared to its competitors. Robertson said that ARB wants to become a regional player, and in this regard the company has already provided material to the DRC, Mozambique, Botswana and Eritrea.
12 Feb 2008 12:51:27
(C)
Revenue increased by 17.3% to R596,4 million from R508.6 million in the comparative interim period, generating a 9% growth in profit attributable to ordinary shareholders to R45.1 million from R41.4 million, ahead of the forecast in the prospectus. As forecast, profit margins have declined to 15.1%. Headline earnings per share increased to 21.7 cents from 20.7 cents.



Dividends

No interim dividend was declared.



Prospects

The directors anticipate further growth in market share. Eskom has confirmed that there will be no budget cut in the planned low-cost housing connections in 2008. Furthermore, the Department of Minerals - Energy has confirmed a planned R1 billion spend for 2008/9 for electrical connectivity particularly in schools and clinics nationwide as well as low-cost housing. In addition, the directors continue to investigate and assess potential acquisition opportunities to enhance ARB`s planned geographical expansion.
13-Jan-2017
(X)
ARB Holdings Ltd. is a holding and investment company which owns investments in closely related trading and distribution businesses, as well as fixed property and vehicles for letting.



Electrical Division

ARB Electrical Wholesalers (Pty) Ltd together with its wholly owned subsidiaries, a majority owned subsidiary (74%), is the Company?s largest operating division. It is a black-empowered electrical wholesaler operating in southern and South Africa offering a wide range of locally manufactured and imported products including power and instrumentation cabling; overhead line hardware and conductors; insulators; transformers and general electrical contracting materials. Clients range across large and heavy industry, parastatals, major construction groups, mining houses and electrical contractors. The subsidiary continues to expand its footprint in the retail sector, marketing mainly house brands through its Connect stores.



ARB Global (Pty) Ltd., a wholly owned subsidiary, sells a range of locally manufactured and imported electrical products across South African borders.



CED ? Consolidated Electrical Distributor (Pty) Ltd. (?CED?), a wholly owned subsidiary, is the sole distributor of CHINT low voltage products and the Horizon plugs and socket range in the SADC region.



Lighting Division

Eurolux (Pty) Ltd., a majority owned subsidiary (60%), imports and distributes electrical light fittings, lamps and related electrical accessories principally in South Africa.



Corporate Division

ARB IT Solutions (Pty) Ltd., a wholly owned subsidiary, services all the Electrical Division?s IT requirements and sells computer hardware and software support.



ARB Holdings Ltd. owns a property portfolio and rents these properties and some motor vehicles to certain of the Group branch operations.


Send e-mail to for any enquiries or see Contact Details for phone numbers
Home   •   Terms & conditions   •   PAIA   •   Privacy Policy   •   Security Notice   •   Contact Details
Market Statistics are calculated by Sharenet and are therefore not the official JSE Market Statistics. The calculation/derivation may include underlying JSE data.
© 2018 SHARENET (PTY) Ltd, Cape Town, South Africa
Best in 800x600 with IE6 or Mozilla Firefox