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ANSA McAL Limited

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Businessuite #3 Caribbean Ranked Public Company for 2015
ANSA McAL Limited – “A Secure Investment, Career And Trade Partner Destination”

Stock Exchange: Trinidad and Tobago

Company: ANSA McAL Limited

2016 Rank:
2015 Rank: #3
2014 Rank: #2

Chairman: A. Norman Sabga
Chief Executive Officer: A. Norman Sabga

Address: 9th – 11th Floors, TATIL Building
11 Maraval Road Port of Spain, Trinidad
West Indies
Phone: (868) 625-3670 to 5
Fax: (868) 624-8753
Website: www.ansamcal.com
Annual Reports and Performance

Company Profile:
The ANSA McAL Group of Companies is a company headquartered in Port of Spain, Trinidad and Tobago and has been doing business since 1881. ANSA McAL is listed on the Trinidad and Tobago Stock Exchange (TTSE: AMCL) and it is one of the largest conglomerates in the Caribbean.

Today the strength of the Group is unparalleled and this is attributed to the commitment and dedication of its people. The Group’s business operations span 8 sectors throughout the Caribbean including Trinidad and Tobago, Barbados, St. Kitts and Nevis, St. Lucia, Guyana, Grenada and the United States of America.

The sectors of the ANSA McAL Group are:
– Automotive
– Beverage
– Distribution
– Financial Services
– Manufacturing
– Media
– Retail
– Services

“The Ability To Deliver Consistent Performance And Value In Varying Economic Circumstances.”

ansa corp_building

The following edited extract was taken from the company’s 2014 Annual Report to shareholders.

“In the period under review, our focus remained on extracting greater efficiency and business synergies to continuously improve our competitiveness, delivering on business plans and budgets, as well as creating stakeholder value.

Your Group’s performance has again demonstrated the benefits of a diverse portfolio strategy and the ability to leverage scope and geographic coverage. Further, we believe there is even more room to grow our market share in the respective sectors, irrespective of a challenging macroeconomy.

For a second consecutive year, the Group has crossed $6 billion in revenue and achieved over $1 billion in PBT. Total assets have grown and now exceed $13 billion with liquidity metrics either preserved or improved.

On a sectoral basis, our financial services sector declined by 23% as local and international portfolios generated $97 million less than the prior year. The strong gains in our automotive, trading and distribution segment offset the decline in the manufacturing, packaging and brewing segment.

Our operations in the USA, Barbados, Trinidad & Tobago, Grenada and St. Kitts have all performed well.

On a reported basis, revenues generated were $6.1 billion ($6.2 billion ???? 2013), PBT was $1,065 million ($1,144 million – 2013) and earnings per share (EPS) is $3.???????? ($4.31 – 2013). Operating profit (before tax and share of results of associates and joint ventures) exceed the billion dollar mark for the fifth consecutive year at $1,000 million ($1,164 million ???? 2013).

All balance sheet liquidity metrics have been preserved or improved as we grow our asset base and debt is minimal as reflected by our increasing interest cover ratio of 2????.25 (25.12 – 2013).
Our balance sheet has never been stronger but we are never complacent. We remind ourselves that adaptability not just strength is key to long term sustainability. In 2014, your Group committed investments of $184 million ($2????6 million ???? 2013) across several Sectors in business improvement and new business projects.

The ANSA McAL Group has long been one of the most successful and respected conglomerates in the region, both for our results and integrity. We see our integrity as integral to our success.” BM

A. Norman Sabga
A. Norman Sabga
Chairman and Chief Executive
ANSA McAL Limited

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John Mahfood “I Listed on the JSE to Raise Capital for My Business”

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JSE Online Trading Platform

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Grace Stockholders To Vote On 3-for-1 Stock Split Today

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Shareholders of GraceKennedy Limited will this morning meet to consider and, if thought fit, approve a recommendation for a three-for-one stock split.

If approved, shareholders will receive three stocks for each one that is currently held.

According to group CEO Don Wehby, the stock units with a market price of J$115.00 per stock unit prior to the split will now increase threefold with an initial price of J$38.33 per stock unit

He says the stock split would allow GK’s stock to be made available to more investors while further enhancing the market for the shares.

Ahead of this morning’s Extraordinary General Meeting, GK last week issued 59,360 additional GK shares.

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UK Loses S&P Triple A Rating

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The UK has lost its top AAA credit rating from ratings agency S&P following the country’s vote to leave the EU.

S&P says the referendum result could lead to “a deterioration of the UK’s economic performance, including its large financial services sector”.

Earlier the pound plunged to a 31-year low against the dollar, and UK markets closed lower for a second day. On Friday,

Moody’s cut the UK’s credit rating outlook to negative.

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Caribbean Hotels Named In Jetsetters’ 2016 Best Of The Best

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Three Caribbean hotels have been named in US-based travel and lifestyle magazine Jetsetter’s 2016 Best of the Best awards.

The list which was published recently, highlighted the world’s 20 best hotels in categories ranging from Best Over-The-Top Luxury to Best Safari Lodge.

Included in the list were Antigua and Barbuda’s Barbuda Belle Luxury Beach Hotel, Anguilla’s Zemi Beach House Resort & Spa, and St Lucia’s BodyHoliday.

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