The Group at a Glance

Invicta Holdings listed on the JSE in 1989 and acquired Invicta Bearings Proprietary Limited in 1991. Bearings quickly became Invicta’s core business and the unrelated companies that initially formed part of the Group were sold. During the nineties various companies were added to the Group, including Autobax, Northmec, and CSE. In July 2000 Invicta acquired Bearing Man and completed a significant share repurchase program over the five years that followed. Invicta’s management continued to grow the Group and in 2013 acquired Kian Ann, a Singaporean company that distributes to over 50 countries. Other notable acquisitions included Equipment Spare Parts, Man-Dirk, HPE and Hyflo. During the 2018 financial year, Invicta disposed of its Building Supply Group (“BSG”) and decided to focus on its core competencies of industrial consumables, and capital equipment and spare parts. Invicta controls and manages assets of over R10 billion and employs over 4 500 people worldwide.

LATEST REPORTS

YEAR END RESULTS FY2019

31 MARCH 2019

ANNUAL REPORTS FY2019

MARCH 2019

FINANCIAL HIGHLIGHTS FOR 2019

PROFIT BEFORE TAX

-15%

to R614 Million

NAV PER SHARE

+7%

to 4085 cents

TNAV PER SHARE

+9%

to 3417 cents

SHARE PRICE AT 31 MAR 2019

R27.78

32% discount to NAV

19% discount to TNAV

LOOKING AHEAD

Medium Term Strategic Objectives

Revenue of R 11 billion

23% of revenue from international markets

Operating profit of R940 million

Net interest-bearing debt : equity 27%

Operating margin <8%

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