Reunert: Fair outlook, and some rand hedge qualities
The dividend outlook should improve after 2020 as profits begin to normalise
30 July 2020 - 15:00
If anything, Reunert, which is now more than 130 years old, has enduring power. Theodore Reunert and Otto Lenz established the group in 1888 with a focus on steam-generated power plants.
Since then the company has morphed, and it is now a diversified business with three main segments: electrical engineering (its circuit breaker and cabling business), information communication technologies (ICT) and applied electronics (where its renewable energy business is housed)...
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