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accentuate ltd (ACTLF) Snapshot

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accentuate ltd (ACTLF) Details

Accentuate Limited, together with its subsidiaries, engages in the manufacture, distribution, and installation of flooring solutions primarily in South Africa. It also manufactures and supplies chemical infrastructural maintenance solutions. The company operates in two divisions, Infrastructure Supplies and Environmental Solutions. The Infrastructure Supplies division offers vinyl floor covering, accessories, self-leveling screeds, adhesives and screeds, vinyl and wood maintenance, engineered and laminated wood floors, textile flooring, and transport flooring products. The Environmental Solutions division engages in chemical blending business that provides customized chemical and adhesive solutions, including food and beverage, commercial, industrial, specialized and vehicle, and floorcare products for the industrial and retail markets. Accentuate also provides water and waste water treatment activities. It offers water treatment chemicals, resins, waste water treatment plants, and sewage treatment plants, as well as design and consulting, comprehensive turnkey, and water installation services. The company was formerly known as SAFIC Holdings Limited and changed its name to Accentuate Limited in May 2008. Accentuate Limited was founded in 1953 and is based in Steeledale, South Africa.

274 Employees
Last Reported Date: 09/25/13
Founded in 1953

accentuate ltd (ACTLF) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: R2.4M
Chief Financial Officer, Financial Director a...
Total Annual Compensation: R1.4M
Executive Director and Managing Director of F...
Total Annual Compensation: R2.6M
Compensation as of Fiscal Year 2013.

accentuate ltd (ACTLF) Key Developments

Accentuate Announces Executive Changes

Accentuate appointed Pieter Slabbert Kriel as Non-Executive Director. The effective date is July 01, 2014. The company also announced the resignation of Ms. Dineo Molefe as non-executive director and chairperson of the audit and risk committee with effect from July 1, 2014.

Accentuate Mulls Acquisitions

Accentuate Ltd. (JSE:ACE) is looking to grow its sales in other African countries, partly to reduce its reliance on local government projects. Chief Executive Officer, Fred Platt said on June 19, 2014, its local growth opportunities included education, healthcare, transport and commercial sector developments. He also said that the group remains on an acquisitory trajectory. It is looking for niche acquisitions in its flooring business, and would also pursue market-share gaining acquisitions in its chemicals and water treatment businesses.

Accentuate Ltd. Announces Consolidated Financial Results for the Six Months Ended December 31, 2013

Accentuate Ltd. announced consolidated financial results for the six months ended December 31, 2013. For the period, the company reported revenue of ZAR 156.802 million against ZAR 146.448 million a year ago. Earnings before interest, tax, depreciation and amortization was ZAR 8.330 million against ZAR 12.842 million a year ago. Operating profit before interest and taxes was ZAR 5.311 million against ZAR 10.084 million a year ago. Profit before tax was ZAR 4.499 million against ZAR 9.268 million a year ago. Profit after tax was ZAR 3.194 million against ZAR 6.673 million a year ago. Profit attributable to the shareholders of the parent was ZAR 3.194 million or 2.82 cents per diluted share against ZAR 6.307 million or 6.01 cents per diluted share a year ago. Diluted headline earnings per shares was 2.77 cents against 6.01 cents a year ago. Headline earnings attributable to the shareholders of the parent was ZAR 3.154 million against ZAR 6.307 million a year ago. Cash flow used in operating activities was ZAR 0.292 million against cash flow from operating activities of ZAR 0.030 million a year ago.


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