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

 

 

Graphs
 
Company Directory
Registered Office:
359 lincoln Road
PO Box 4525

Christchurch
Mailing address:
Directors:
Peter van Rij

Ron Boskell
Richard Punter
Paul Smart
Kerry Dellaca
Secretary:
Auditors:
KPMG (External)

Ernst young (internal)

Solicitors:
White Fox & Jones

Sharp Tudhope

Bankers:
Bank of New Zealand limited
Registrar:
Link Market Services limited
Other:

 

Other Last updated:14-11-2007

Company balance date: 31 July

Trading over the last year

Company Endorsed Add-on section

 

 
enquire about sponsorship and advertising: info@smallcaps.co.nz  
 Got something to say about this company?
Fill out the form below with your comments, opinions, information, forecasts etc for the company and it will be published.

Your name:

Your email address:

Your comments?

While we seek to publish all comments, any comments that are in bad taste, spurious or defamatory will not be published or will be sent back to the sender for editing. Comments can be submitted anonymously, please specify if you wish to remain anonymous. Submitting will take you back to the home page.

References:
http://www.nzx.com/market/security_details/by_security?code=PPG
http://www.ppgl.co.nz/ 
Annual reports 2005-06
Price info provided by Findata

  Back to smallcaps.co.nz