Latest news

Interim performance hampered by Covid-19 optimistic second half outlook with focus on maintaining robust financial position
19 August, 2020

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…

Record annual results performance and exciting foundation established for future growth
18 March, 2020

Revenue increased 9.4% to R11.2 billion EBITDA improved by 4.6% to R1.4 billion HEPS increased to 336 cents Cash generated from operations up 40% to…

Operational excellence and strategic delivery underpin strong interim performance
14 August, 2019

HEPS grew 21% to 160 cents per share EBITDA 19% higher at R699 million Operating profit up 21% to R499 million Revenue increased 19% to…

Metair delivers record performance in difficult environment
14 March, 2019

Revenue up 8% to R10.28 billion Operating profit 19% higher at R1.00 billion HEPS increased 16% to 327 cents Dividend per share of 100 cents…

Metair drops bid for TAB
17 August, 2018

Business Day – Siseko Njobeni Automotive components maker says rand price of Slovenian car battery maker has soared Metair has walked away from a once-in-a-lifetime…

Metair should weather currency storm
17 August, 2018

Business Report – Roy Cokayne METAIR, the listed leading international manufacturer, distributor and retailer of energy storage solutions and automotive components, believes it would be…

All round positive group performance delivers pleasing Interim Results
16 August, 2018

Revenue up 10% to R4.5bn Operating profit 16% higher at R413m HEPS increased 16% to 132 cents Mutlu Akü’s increased industrial sales and exports support…

Metair seeks to acquire Slovenian battery manufacturer for €300M
15 June, 2018

JSE-Listed energy storage and atomotive components manufacturer Metair has submitted and indicative nonbinding to acquire battery manufacturer Tovarna Akamulatorskih Baterij (TAB), in Slovenia.

Metair expects strong growth in vehicle production – Business Day
16 March, 2018

Metair, the JSE-listed leading international manufacturer, distributor and retailer of energy storage solutions and automotive components, anticipates a 100 000 to 150 000 units a…

Metair is preparing for change – Business Day
15 March, 2018

Analyst cites Turkish business as results come in better than expected. Metair says it “performed very well in 2017 in a dynamic and challenging environment”,…

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