Alan Dickson
Group CEO & Govt Director
Good morning, women and gents, and welcome to Reunert’s outcomes presentation for the 12 months that ended 30 September 2025. I am Alan Dickson, the Group Chief Govt; and along with Mark Kathan, our Group Chief Monetary Officer, will probably be presenting our outcomes as we speak. This can be a prerecorded webcast with a dwell Q&A session instantly after the webcast.
2025 was a difficult 12 months for the group as robust macroeconomic situations and international volatility had been evident all year long. This was particularly true within the South African atmosphere, the place as we guided in our half 12 months prospect assertion, the macroeconomic situations stay difficult.
Pleasingly, Reunert’s technique of accelerating our non-South African revenues offered good outcomes and largely offset the difficult South African atmosphere that we confronted. In South Africa, regardless of there being strong progress made in direction of bettering a number of of the nation’s key structural impediments to speed up financial progress, the actual impression on the bottom is but to be felt.
The important thing drivers of Reunert’s progress, that are mirrored within the macroeconomic indicators of GDP and enterprise confidence for our ICT section, and gross home fastened funding, or GDFI, for the Electrical Engineering section, all tracked negatively by this 12 months.
South Africa’s infrastructure funding particularly decreased year-on-year and fell properly beneath each authorities commitments and expectations. We do, nevertheless, consider that this lower will probably be momentary, however on this monetary 12 months, it fell to the extent that it negatively impacted each the Electrical Engineering section and the general group’s monetary outcomes.
Conversely, our non-South African markets have significantly better macroeconomic dynamics and their common progress charges stay
