10.07.2015 Views

Madelise Grobler: DMA winner and multi-faceted ... - Words' Worth

Madelise Grobler: DMA winner and multi-faceted ... - Words' Worth

Madelise Grobler: DMA winner and multi-faceted ... - Words' Worth

SHOW MORE
SHOW LESS
  • No tags were found...

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

21Powertech Group awardsThe first official duty of newly appointed CEO of Powertech,Neil Kayton, was to honour the group’s top performers.Best Company in Powertech[Visual]IMG_0295.jpgNominees:l Powertech Transformersl Willard Batteriesl Powertech ISTWinner: Willard BatteriesAlthough the company’s revenue dropped by 15%, Willard increasedits operating income by 3%. At the same time, Willard improved itsoperating margin by 21% <strong>and</strong>, during the period under review, cash inh<strong>and</strong> grew from R19 million to an impressive R140 million.[Visual]IMG_0293.jpgStrike MD, James Calmeyer, with Neil Kayton.Powertech CEO’s AwardNominees:l Colin Wong of Powertech Asial James Calmeyer of Strike Technologiesl Peter Riley <strong>and</strong> Craig Clark of Powertech SwitchgearPowertech Batteries CEO, Glenn Geldenhuis,with the Best Company trophy.Most Improved Companyin PowertechNominees:l Strike Technologiesl Tridonicl Powertech TransformersWinners: Peter Riley <strong>and</strong> Craig ClarkThe path to success for Powertech Switchgear started in 2008 when PeterRiley identified potential manufacturers in China <strong>and</strong> set up contacts.The chosen partner was Dong Yuan. Peter was joined by Craig Clark asgeneral manager in 2010. Powertech Switchgear officially launched in2010, <strong>and</strong> has showed amazing growth in sales in a highly competitivemarket.To start a business from scratch <strong>and</strong> make it highly profitable in justthree years is a feat deserving of the highest recognition.[Visual]IMG_0299Winner: Strike TechnologiesAlthough revenue growth of 8% was achieved by Strike, its operatingincome grew by a staggering 164% from R4 million to R10 million –resulting in a headline earnings growth of 173%. Return on operatingassets, in turn, improved by 106% from 19% to 38%.Craig Clark, Neil Kayton <strong>and</strong> Peter Riley celebrate the Powertech CEO’s Award.

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!