the biggest selection of specialised auto tools …the biggest selection of specialised auto tools...

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The Biggest Selection of SPECIALISED AUTO TOOLS in Stock such as: ABR 9/13 Tel: 011 023-1112/3, Fax: 086 669 5585 12 Crusher Road, Unit 3, Crown Ext.3, JHB [email protected] Tel: 011 023-1114, Fax: 086 275 6933 197 Bram Fischer Drive Shop 4, Randburg [email protected] OPEN SATURDAYS 9 AM – 12 PM www.specautotools.co.za Engine Timing Tools for a variety of vehicles Fuel Injection and Leak-Check Sets Radiator Pressure Test Sets Oil Filter remover Sockets Hose Clamp and CV Boot Clamp Pliers Panel-beating Clamps and Equipment Automotive Plastic Clips Tool Chests and Socket Sets Plus many more items …… JTC-B108 (108PCS COMBINATION TOOL SET WITH TOOL BOX) JTC-1558A (BMW TIMING TOOL – N42-N46 ENGINES) JTC-1613A (UNIVERSAL CALIPER WIND BACK KIT) JTC-3202 ½” AIR IMPACT WRENCH (UNDER EXHAUST) WHAT’S THE BUZZ? CONTROL INSTRUMENTS INCREASES NET PROFIT BY 17,5% On 12 August 2013, Control Instruments (CI) announced increased operating profits of R13,85-million for the six months to June 2013 compared with R13,29-million for the same period the previous year. Net profit after tax was up 17,5% to R7,97-million. “The results for the six months to 30 June 2013 represent the first reporting period following the repositioning of Control Instruments (CI), during 2012, as a focused automotive aftermarket business,” says Sean Rogers, Group CEO. “While the results are satisfactory, the operating profit margin of 5,14%, while up on the same period last year, is still below the Group’s short term expectations,” adds Rogers. Gabriel and Textar are two of the flagship brands at CI, and are good examples of CI focusing on premium brands with outstanding pedigrees, and Rogers confirms that CI is always looking for new opportunities with premium brands. Africa is also a strategic focus, and CI is approaching this market with vigour, but is doing its homework before appointing distributors. It appears that the business’s strategic initiatives that are focused on realising the growth opportunities in the market will be supported by the underpinning drivers of the automotive aftermarket: an ageing and expanding car parc. Weakening consumer spending together with the likelihood of strike action in the automotive segment may have an impact on the second half of the year which has traditionally been a stronger period for sales in the automotive aftermarket.

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Page 1: The biggest selection of sPeCiaLised auTo TooLs …The biggest selection of sPeCiaLised auTo TooLs in stock such as: ABR 9/13 tel: 011 023-1112/3, Fax: 086 669 5585 12 Crusher Road,

The biggest selection of sPeCiaLised auTo TooLs in stock such as:

ABR 9/13

tel: 011 023-1112/3, Fax: 086 669 558512 Crusher Road, Unit 3, Crown ext.3, [email protected]

tel: 011 023-1114, Fax: 086 275 6933197 Bram Fischer DriveShop 4, [email protected]

open SAtURDAYS9 AM – 12 pM

www.specautotools.co.za

• Engine Timing Tools for a variety of vehicles• Fuel Injection and Leak-Check Sets• Radiator Pressure Test Sets

• Oil Filter remover Sockets• Hose Clamp and CV Boot Clamp Pliers• Panel-beating Clamps and Equipment

• Automotive Plastic Clips• Tool Chests and Socket Sets• Plus many more items ……

JTC-B108 (108PCS COMBINATION TOOL SET WITH TOOL BOX)

JTC-1558A(BMW TIMING TOOL – N42-N46 ENGINES)

JTC-1613A(UNIVERSAL CALIPER WIND BACK KIT)

JTC-3202½” AIR IMPACT WRENCH (UNDER EXHAUST)

whaT’s The buzz?

control instruments increases net Profit by 17,5%

On 12 August 2013, Control Instruments (CI) announced increased operating profits of R13,85-million for the six months to June 2013 compared with R13,29-million for the same period the previous year. Net profit after tax was up 17,5% to R7,97-million. “The results for the six months to 30 June 2013 represent the first reporting period following the repositioning of Control Instruments (CI), during 2012, as a focused automotive aftermarket business,” says Sean Rogers, Group CEO.

“While the results are satisfactory, the operating profit margin of 5,14%, while up on the same period last year, is still below

the Group’s short term expectations,” adds Rogers.

Gabriel and Textar are two of the flagship brands at CI, and are good examples of CI focusing on premium brands with outstanding pedigrees, and Rogers confirms that CI is always looking for new opportunities with premium brands. Africa is also a strategic focus, and CI is approaching this market with vigour, but is doing its homework before appointing distributors.

It appears that the business’s strategic initiatives that are focused on realising the growth opportunities in the market will be

supported by the underpinning drivers of the automotive aftermarket: an ageing and expanding car parc.

Weakening consumer spending together with the likelihood of strike action in the automotive segment may have an impact on the second half of the year which has traditionally been a stronger period for sales in the automotive aftermarket.

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