| PPG
Postie Plus Group Limited
Description:
* "Postie
Plus Group Limited is a New Zealand success story. Made up of men's,
women's and children's clothing specialist Postie+, Manchester specialist
Arbuckles, baby product retailer Babycity, PPGL businesses are
longstanding, sound and complementary in terms of product, target markets
and locations. Listed on the New Zealand Stock Exchange (NZSX) in 2003.
- PPGL has approximately 110
stores and employs 1200 people.
- Postie+ is one of the largest
specialty clothing retail businesses in New Zealand.
- Arbuckles is New Zealand's
largest specialist Manchester retailer.
- PPGL has donated over $2
million in cash back to New Zealand primary and secondary schools
through the SchoolTex school uniform program over the last 4 years.
- For year ended July 2005, PPGL
had operating revenue of over $114 million.
- The Group is creating further
improvements through a strategy of centralization of support
functions, the move to one company entity, standardization of systems
platforms, expansion of Postie+ offshore procurement competencies into
other retail businesses and ongoing refinement of management structure
during 2005/2006."
Website: http://www.ppgl.co.nz/
Recent announcements: click here
|
 |
Financials
|
Year
|
|
|
2004
|
2005
|
2006
|
Average
GR
|
Compounding
GR
|
|
Gross
growth rates
|
|
|
|
|
|
Revenue
|
|
|
|
5%
|
10%
|
15%
|
3%
|
|
NPAT
|
|
|
|
-58%
|
135%
|
77%
|
0%
|
|
Total
Assets
|
|
|
|
-2%
|
-5%
|
-7%
|
-1%
|
|
Net
Assets
|
|
|
|
0%
|
6%
|
6%
|
-10%
|
|
Per
Share figures and growth
|
|
Earnings
|
|
|
$
0.10
|
$
0.04
|
$
0.10
|
|
|
|
|
|
|
|
-58%
|
135%
|
77%
|
0%
|
|
Net
Assets
|
|
|
$
0.67
|
$
0.67
|
$
0.71
|
|
|
|
|
|
|
|
0%
|
6%
|
6%
|
1%
|
|
Dividends
|
|
|
$
0.03
|
$
0.04
|
$
0.06
|
|
|
|
|
|
|
|
35%
|
48%
|
83%
|
15%
|
|
Profitability
|
|
Return
on Assets
|
|
|
8%
|
4%
|
9%
|
|
|
|
Equity
Multiplier
|
|
|
1.77
|
1.73
|
1.55
|
|
|
|
Return
of Equity (ROE)
|
|
|
15%
|
6%
|
14%
|
|
|
|
ROE
(avg E)
|
|
|
30%
|
6%
|
14%
|
|
|
|
Net
Profit Margin
|
|
|
4%
|
1%
|
3%
|
|
|
|
Dividend
payout ratio
|
|
|
30%
|
97%
|
61%
|
|
|
|
Liquidity
|
|
Net
working capital
|
|
|
$9,146,358
|
$9,009,000
|
$12,670,000
|
|
|
|
Current
ratio
|
|
|
1.44
|
1.46
|
1.81
|
|
|
|
Acid
test ratio
|
|
|
0.18
|
0.18
|
0.16
|
|
|
|
Other
|
|
Times
interest earned
|
|
|
13.78
|
3.80
|
7.38
|
|
|
|
Operating
exp/income
|
|
|
93%
|
97%
|
95%
|
|
|
|
|
|
|
|
|
|
|
|
|
Summary
Financials
|
|
Income
|
|
|
107799845
|
114312000
|
125511000
|
|
|
|
Expenses
|
|
|
101803015
|
111750000
|
119676000
|
|
|
|
Tax
|
|
|
1977595
|
893000
|
1910000
|
|
|
|
NPAT
|
|
|
4019235
|
1669000
|
3925000
|
|
|
|
|
|
|
|
|
|
|
|
|
Assets
|
|
|
47626424
|
46561000
|
44194000
|
|
|
|
Liabilities
|
|
|
20684710
|
19574000
|
15682000
|
|
|
|
Net
Assets
|
|
|
26941714
|
26987000
|
28512000
|
|
|
|

|