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POWERTECH

Power Technologies (Pty) Limited
 

POWER TECHNOLOGIES (PTY) LTD
 
 
POWERTECH

Visit the Powertech website:

Total number of employee:
4 593

Description of business
Powertech, established in 1978, has through organic growth, exports and acquisitions become one of the leading suppliers of electrical and electronic equipment in southern Africa. Powertech consists of a large number of individual operations organised into five operating divisions – Cables, Transformers, Batteries, Industrial and System Integrators – which specialise in the manufacturing and delivery of world-class products, services, expertise and solutions to address diverse needs for electrical and power equipment in South Africa and beyond. Powertech is proud to be the number one or two supplier in all of its chosen markets – power infrastructure, large power users, mining, telecommunications, transport, building and construction.

B-BBEE partners
Izingwe Capital   
–  27% Aberdare Cables, 25.1% Powertech IST  
   Key principal: Sipho Pityana

Kagiso Ventures Limited   
–  25.1% Battech & Rentech  
    Key principal: Afzal Patel

Power Matla   
–  20% Powertech Transformers
    Key principal: Solly Moloko

Mahogany Capital   
–  25.01% Powertech Calidus
    Key principal: Taurai Muranda
 
Operational structure and key products
Powertech Cables
  • Aberdare Cables
  • Aberdare Intelec Mozambique
  • CBi-electric Aberdare ATC Telecom Cables
  • Swanib Cables
  • Alcobre Conductores Eléctricos SA
  • Cables de Comunicaciones
  • Alcon Marepha
Powertech Transformers
  • Powertech Transformers
Powertech Batteries
  • Battery Technologies
  • Rentech
  • Powertech Batteries
  • Powerbat
  • Dynamic Batteries
Powertech Industrial
  • Crabtree Electrical Accessories (SA)
  • Powertech Calidus
  • Strike Technologies
  • Tridonic.SA
Powertech System Integrators
  • Powertech IST
  • Technology Integrated Solutions

 

    
Financial highlights
REVENUE
R7.2 billion

EBITDA
R424 million
  • Powertech continued to experience difficult trading conditions
  • Cost control actions position Powertech positively to meet new demand levels
  • Powertech headcount reduced by approximately 800 employees – 20% reduction
  • Vigorous cost control resulted in manufacturing cost decrease by 1% despite inflationary pressures and increased depreciation charge
  • Good working capital management resulted in cash flows of over R300 million
  • Strong performance by Powertech Transformers from good order book

Headline earnings

Group contribution

 

Corporate structure see full group structure

 

Page updated: 15 June, 2010 » Return to top