Denel order book stands at record

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Ockie

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ohannesburg - Denel, the state arms manufacturer, has reported strong improvement in profit in its latest financial year on the back of its export performance and forecast a positive outlook with an order book at R35 billion.

The company said in its annual report, tabled in Parliament yesterday, that it has been given a positive outlook byratings agency Fitch Ratings over its performance.

Denel, which was struggling in the past and sought state intervention in the form of loan guarantees, said its revenue grew by 28 percent to R5.8bn.

Its net profit rose by 72 percent from R194m to R270m. Denel’s revenue has increased over the last few years, with R3.9bn reported in 2013, R4.5bn in 2014 and R5.8bn in 2015.

“The agency further noted that Denel has managed to diversify its revenue base away from the SA defence sector with more than 50 percent of revenue now generated from exports, most notably to the Middle East and Southeast Asia,” said the annual report..................
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http://www.iol.co.za/business/companies/denel-order-book-stands-at-record-1.1901359
 
I though all SOEs are badly managed, full of cadre deployees, and ran to the ground?
 
rza said:
I though all SOEs are badly managed, full of cadre deployees, and ran to the ground?
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Geesus rza :D

Ok, name me all the SOE's and which one's are successful.

One of them is showing positive growth and now that mitigates all the other places like SAA, Post Office, Eskom and the likes?
 
Pitbull said:
Geesus rza :D

Ok, name me all the SOE's and which one's are successful.

One of them is showing positive growth and now that mitigates all the other places like SAA, Post Office, Eskom and the likes?
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There are something like 700 SOE.

Ones that are doing well that I can think of off the top of my head...

Denel
ACSA
Transnet (even given the issues at is subsidiary PRASA)
Wesgro
DBSA
PIC
Telkom (It should maybe not be on this list. I don't think it qualifies as a SOE anymore. But I'll leave it here for now)
 
JStrike said:
There are something like 700 SOE.

Ones that are doing well that I can think of off the top of my head...

Denel
ACSA
Transnet (even given the issues at is subsidiary PRASA)
Wesgro
DBSA
PIC
Telkom (It should maybe not be on this list. I don't think it qualifies as a SOE anymore. But I'll leave it here for now)
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Donner 700?

I didn't know that. Fark me :D
 
JStrike said:
There are something like 700 SOE.

Ones that are doing well that I can think of off the top of my head...

Denel
ACSA
Transnet (even given the issues at is subsidiary PRASA)
Wesgro
DBSA
PIC
Telkom (It should maybe not be on this list. I don't think it qualifies as a SOE anymore. But I'll leave it here for now)
Click to expand...

Accounting Standards Board
Agricultural Research Council (ARC)
Air Traffic and Navigation Services Company
Airports Company South Africa (ACSA)
Alexkor Limited
Armaments Corporation of South Africa (ARMSCOR)
Blind SA
Brand South Africa
Breede-Overberg CMA (BOCMA)
Broadband Infraco
Broadcasting Complaints Commission of South Africa (BCCSA)
Cape Town International Airport
Central Energy Fund (CEF)
Children's Rights and Responsibilities Branch
Commission for Conciliation, Mediation and Arbitration
Companies and Intellectual Property Commission (CIPC)
Compensation Fund
Competition Commission (The)
Competition Tribunal
Council for Geoscience
Council for Medical Schemes
Council for Mineral Technology (Mintek)
Council on Higher Education
Denel (Pty) Ltd
Development Bank of Southern Africa (DBSA)
Electricity Distribution Industry Holdings (EDI)
Estate Agency Affairs Board (The)
Export Credit Insurance Corporation of South Africa (Ltd.)
Film and Publication Board (FPB)
Financial Services Board (FSB)
Forest Industries Education and Training Authority
Free State Development Corporation
Freedom Park
Government Employees Medical Scheme (GEMS)
Government Employees Pension Fund (GEPF)
Government Pensions Administration Agency (GPAA)
Government Printing Works (GPW)
Health Professions Council of South Africa (HPCSA)
Health and Welfare Sector Education and Training Authority (HWSETA)
Human Sciences Research Council (HSRC)
Independent Development Trust
Industrial Development Corporation [Ltd] (IDC)
Ingonyama Trust Board
Institute of People Management (IPM)
Invest North West (INW)
Ithala Development Finance Corporation (Ltd)
Khula Enterprise Finance (Ltd)
King Shaka International Airport
Limpopo Economic Development Enterprise
Media Development and Diversity Agency (MDDA)
Mhlathuze Water
Mining Qualification Authority
National Advisory Council on Innovation (NACI)
National Agricultural Marketing Council
National Archives of South Africa (NASA)
National Arts Council of South Africa (NACSA)
National Consumer Commission (The) (NCC)
National Credit Regulator (NCR)
National Development Agency (NDA)
National Economic Development and Labour Council (NEDLAC)
National Electronic Media of South Africa (NEMISA)
National Empowerment Fund
National Energy Regulator (NERSA)
National Film and Video Foundation
National Gambling Board of South Africa
National Home Builders Registration Council (NHBRC)
National House of Traditional Leaders
National Housing Finance Corporation (NHFC)
National Lotteries Board
National Nuclear Regulator (NNR)
National Peace Accord Trust (NPAT)
National Ports Authority (NPA)
National Student Financial Aid Scheme (NSFAS)
National Youth Development Agency (NYDA)
Nelson Mandela Museum
OR Tambo International Airport
Passenger Rail Agency of South African (PRASA)
Pebble Bed Modular Reactor (Pty) Limited (PBMR)
Perishable Products Export Control Board
Private Security Industry Regulatory Authority (PSIRA)
Public Investment Corporation (PIC)
Rand Water
Refugee Appeal Board
Road Traffic Infringement Agency (RTIA)
Robben Island Museum
Safety and Security, Sector Education & Training Authority (SASSETA)
Small Enterprise Development Agency (SEDA)
Small Enterprise Finance Agency (SEFA)
South African Broadcasting Corporation (SABC)
South African Bureau of Standards (SABS)
South African Civil Aviation Authority
South African Council for Educators (SACE)
South African Council for Social Service Professions (SACSSP)
South African Diamond and Precious Metals Regulator
South African Forestry Company (Ltd) (SAFCOL)
South African Heritage Resources Agency
South African Institute for Drug-Free Sport
South African Library for the Blind
South African Local Government Association (SALGA)
South African National Accreditation System
South African National Council for the Blind
South African National Parks (SANParks)
South African National Road Agency
South African Nuclear Energy Corporation SOC Ltd (NECSA)
South African Qualifications Authority (SAQA)
South African Reserve Bank (SARB)
South African Social Security Agency (SASSA)
South African Special Risk Insurance Association (SASRIA)
South African State Theatre - Pretoria
South African Tourism
South African Veterinary Council
South African Weather Service (SAWS)
Special Investigating Unit (SIU)
State Information Technology Agency (SITA)
Tax Ombud: South Africa
Technology Innovation Agency
Telkom SA (Ltd)
Trade and Investment South Africa (TISA)
Transnet (Ltd)
Universal Service Agency and Access of South Africa
Water Research Commission (WRC)
 
This is the only reason they are doing so well:

diversify its revenue base away from the SA defence sector with more than 50 percent of revenue now generated from exports
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As long as they don't have to deal with SA itself, they should do good, and as long as they retain their engineering skills....
 
rza said:
Accounting Standards Board
Agricultural Research Council (ARC)
Air Traffic and Navigation Services Company
Airports Company South Africa (ACSA)
Alexkor Limited
Armaments Corporation of South Africa (ARMSCOR)
Blind SA
Brand South Africa
Breede-Overberg CMA (BOCMA)
Broadband Infraco
Broadcasting Complaints Commission of South Africa (BCCSA)
Cape Town International Airport
Central Energy Fund (CEF)
Children's Rights and Responsibilities Branch
Commission for Conciliation, Mediation and Arbitration
Companies and Intellectual Property Commission (CIPC)
Compensation Fund
Competition Commission (The)
Competition Tribunal
Council for Geoscience
Council for Medical Schemes
Council for Mineral Technology (Mintek)
Council on Higher Education
Denel (Pty) Ltd
Development Bank of Southern Africa (DBSA)
Electricity Distribution Industry Holdings (EDI)
Estate Agency Affairs Board (The)
Export Credit Insurance Corporation of South Africa (Ltd.)
Film and Publication Board (FPB)
Financial Services Board (FSB)
Forest Industries Education and Training Authority
Free State Development Corporation
Freedom Park
Government Employees Medical Scheme (GEMS)
Government Employees Pension Fund (GEPF)
Government Pensions Administration Agency (GPAA)
Government Printing Works (GPW)
Health Professions Council of South Africa (HPCSA)
Health and Welfare Sector Education and Training Authority (HWSETA)
Human Sciences Research Council (HSRC)
Independent Development Trust
Industrial Development Corporation [Ltd] (IDC)
Ingonyama Trust Board
Institute of People Management (IPM)
Invest North West (INW)
Ithala Development Finance Corporation (Ltd)
Khula Enterprise Finance (Ltd)
King Shaka International Airport
Limpopo Economic Development Enterprise
Media Development and Diversity Agency (MDDA)
Mhlathuze Water
Mining Qualification Authority
National Advisory Council on Innovation (NACI)
National Agricultural Marketing Council
National Archives of South Africa (NASA)
National Arts Council of South Africa (NACSA)
National Consumer Commission (The) (NCC)
National Credit Regulator (NCR)
National Development Agency (NDA)
National Economic Development and Labour Council (NEDLAC)
National Electronic Media of South Africa (NEMISA)
National Empowerment Fund
National Energy Regulator (NERSA)
National Film and Video Foundation
National Gambling Board of South Africa
National Home Builders Registration Council (NHBRC)
National House of Traditional Leaders
National Housing Finance Corporation (NHFC)
National Lotteries Board
National Nuclear Regulator (NNR)
National Peace Accord Trust (NPAT)
National Ports Authority (NPA)
National Student Financial Aid Scheme (NSFAS)
National Youth Development Agency (NYDA)
Nelson Mandela Museum
OR Tambo International Airport
Passenger Rail Agency of South African (PRASA)
Pebble Bed Modular Reactor (Pty) Limited (PBMR)
Perishable Products Export Control Board
Private Security Industry Regulatory Authority (PSIRA)
Public Investment Corporation (PIC)
Rand Water
Refugee Appeal Board
Road Traffic Infringement Agency (RTIA)
Robben Island Museum
Safety and Security, Sector Education & Training Authority (SASSETA)
Small Enterprise Development Agency (SEDA)
Small Enterprise Finance Agency (SEFA)
South African Broadcasting Corporation (SABC)
South African Bureau of Standards (SABS)
South African Civil Aviation Authority
South African Council for Educators (SACE)
South African Council for Social Service Professions (SACSSP)
South African Diamond and Precious Metals Regulator
South African Forestry Company (Ltd) (SAFCOL)
South African Heritage Resources Agency
South African Institute for Drug-Free Sport
South African Library for the Blind
South African Local Government Association (SALGA)
South African National Accreditation System
South African National Council for the Blind
South African National Parks (SANParks)
South African National Road Agency
South African Nuclear Energy Corporation SOC Ltd (NECSA)
South African Qualifications Authority (SAQA)
South African Reserve Bank (SARB)
South African Social Security Agency (SASSA)
South African Special Risk Insurance Association (SASRIA)
South African State Theatre - Pretoria
South African Tourism
South African Veterinary Council
South African Weather Service (SAWS)
Special Investigating Unit (SIU)
State Information Technology Agency (SITA)
Tax Ombud: South Africa
Technology Innovation Agency
Telkom SA (Ltd)
Trade and Investment South Africa (TISA)
Transnet (Ltd)
Universal Service Agency and Access of South Africa
Water Research Commission (WRC)
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Source for this Copy/Paste?
 
diabolus said:
This is the only reason they are doing so well:



As long as they don't have to deal with SA itself, they should do good, and as long as they retain their engineering skills....
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What? They do deal with SA. And, as any good business would, is expanding their business to as many countries as possible. Or, as I suspect, are you just trying to come up with a way to insult SA?
 
Rusty0 said:
Lol, while its good that the company is doing well, this particular case, you cant ignore that the sale of these products will do more harm than good.
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Doesn't matter where they are selling their product.... you can be assured someone on the receiving end isn going to feel they are doing more harm than good ;)
 
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