KEY GROWTH PROJECTS ON COURSE TO DRIVE SUSTAINABLE RETURNS Strategic recovery plan unfolded broadly as anticipated, supporting strong revenue growth Margins well-managed despite several manufacturing…
Energy Storage
Manufactures batteries for use in mobility applications and in the telecoms, utility, mining, retail and materials/products handling sectors.
Global Presence
As at the end of 2021, the company holds investments in and manages 11 South African and five international operations that manufacture, assemble, distribute and retail energy storage solutions and automotive components in Africa, Europe, the Middle East, Turkey and Russia.
Automotive Components
Produces original equipment (OE) components used in the assembly of new vehicles, as well as spare parts and other products used in the South African automotive aftermarket.
Latest News
STRATEGIC INVESTMENTS ON TRACK AND PAVING THE WAY FOR ATTRACTIVE RETURNS Progressive Covid-19 response strategy delivered a successful recovery Covid-19-related supply chain disruptions well managed…
FY20 performance reflects COVID-19 shutdown disruption Welfare support to employees and direct COVID-19 related costs of R75 million Rapid recovery in H2 demand led to…
Revenue declined 27% to R3.9 billion on lower volumes Focused cost containment limited operating loss to R18 million EBITDA down to R139 million and headline…