Best of Hardware Page 24
Total Page:16
File Type:pdf, Size:1020Kb
Load more
Recommended publications
-
Draft ASX Announcement (On Signing) (Trading Halt Wording)
ASX Announcement 24 August 2016 METCASH ANNOUNCES ACQUISITION OF HOME TIMBER & HARDWARE GROUP • Metcash has entered into a binding agreement to acquire 100% of the Home Timber & Hardware Group (HTH) for cash consideration of $165m • Funded through a combination of equity (~$80m) and debt (~$85m) • HTH has a strong trade focus and is highly complementary to Mitre 10 • Significant potential for synergies and the acquisition is expected to be EPS accretive Acquisition of Home Timber & Hardware Group Metcash Limited (Metcash) today announced that its wholly-owned subsidiary, Mitre 10 Australia Pty Ltd, has entered into an agreement with Hydrox Brands Pty Ltd, to acquire 100% of the Home Timber & Hardware Group (HTH) for cash consideration of $165m. The purchase price equates to a multiple of ~7 times underlying EBITDA, before synergies and an anticipated release of working capital. The acquisition is expected to be ~4% EPS accretive in the first full financial year following completion of the acquisition, before implementation costs and post synergies. The acquisition is unconditional and is expected to complete in early October. The acquisition is in line with Metcash’s strategy of being the leading independent wholesaler in each of its three Pillars. The acquisition will result in a combined hardware network of ~1,8001 stores generating ~$2bn in sales. The enlarged network will create an opportunity for synergies which are expected to benefit both retailers and shareholders. Overview of HTH HTH is an integrated hardware wholesaler and retailer, with over 1,200 stores in its network and strong retail brands including Home Timber & Hardware, Thrifty-Link, Hardings and Hudson Building Supplies. -
NSW-Stockistlist
NSW-StockistList Store Street City State Postcode Bunnings - Shellharbour W/H 15 Shandan Circuit Albion Park NSW 2527 United Mitre 10 3 Durgadin Dr Albion Park NSW 2527 Dahlsens Building Centres 58-98 Bennu Circuit Albury NSW 2640 Border Building Supplies 61 Fallon St Albury NSW 2640 Bunnings - Alexandria W/H 8-40 Euston Rd Alexandria NSW 2015 Sarwood Timbers, Sarwood's Yard 15 Kays Lane Alstonville NSW 2477 Armidale Building Supplies 296 Mann St Armidale NSW 2350 Bunnings - Armidale W/H Cnr Barney & Canambe Sts Armidale NSW 2350 Richardsons Hardware & Agriculture 5-7 Bundarra Rd Armidale NSW 2350 Blacktown Building Supplies 3 Penny Place Arndell Park NSW 2148 Bluescope Lysaght 29-31 Penelope Cres Arndell Park NSW 2148 Bunnings - Artarmon W/H 71 Reserve Rd Artarmon NSW 2064 Bunnings - Ashfield W/H Cnr Parramatta Rd & Frederick St Ashfield NSW 2131 Bunnings - Auburn W/H 28 Short St Auburn NSW 2144 Bunnings - Balgowlah W/H Cnr Balgowlah Rd & Condamine St Balgowlah NSW 2093 Atlas Awnings 17 Sheather St Ballina NSW 2478 Ballina Building Supplies 2 Clark St Ballina NSW 2478 Bunnings - Bankstown W/H 347-359 Milperra Rd Bankstown NSW 2200 Camerons Hardware 83 Princes Highway Batemans Bay NSW 2536 Steeline Batemans Bay 59 Cranbrook Rd Batemans Bay NSW 2536 Bunnings - Batesmans Bay W/H 32-34 Princess Hwy Batesmans Bay NSW 2536 Petries Home & Timber 66 Bentinck Street Bathurst NSW 2795 Bega Mitre 10 127 Auckland St Bega NSW 2550 Southern Timber & Plaster 44-50 West St Bega NSW 2550 Bunnings - Bellambi W/H Cnr Bellambi & Watts Lanes Bellambi NSW -
Finance Project
MASTER OF SCIENCE IN FINANCE MASTERS FINAL WORK PROJECT EQUITY RESEARCH: HORNBACH BAUMARKT AG JOÃO MARIA GONÇALVES PAIVA DÓRDIO RODRIGUES SUPERVISOR: ANA ISABEL ORTEGA VENÂNCIO OCTOBER 2020 Acknowledgements This paper represents the end of a journey started in 2018 and I would like to express my sincerest gratitude to all persons involved in these 2 years of the Masters. Firstly, to Professor Ana Venâncio for the guidance, time and patience, not only during this project, but also during classes. Secondly, to my family, parents, sister and grandmother, for supporting and believing in me. And last but not least, to my friends, new and old, for the moments shared in these past 2 years. i Abstract The following project is a valuation of the company Hornbach Baumarkt AG, based on publicly available information until the 6th November 2020. It follows the format recommended by the CFA Institute. Hornbach Baumarkt AG was chosen due to the interest in wanting to explore and learn about the DIY sector and by it being the only publicly traded German company. Hornbach Baumarkt AG is a Top 10 player in the DIY Home Improvement sector in Europe. It was created in 1993 after an IPO that saw Hornbach AG being subdivided in Hornbach Holding AG (Parent Company) and Hornbach Baumarkt AG, having the original company being founded in 1877, in Landau, Germany, but only making their first IPO in 1987. Today, Hornbach Baumarkt AG is a Child company of Hornbach Holding AG. The valuation was derived from an intrinsic valuation, based on a Discounted Cash Flow (DFC) method, more specifically, through a Free Cash Flow to the Firm (FCFF) perspective. -
Iurc Public's Exhibit No. 1
FILED March 2, 2020 INDIANA UTILITY REGULATORY COMMISSION STATE OF INDIANA INDIANA UTILITY REGULATORY COMMISSION PETITION OF DUKE ENERGY INDIANA, LLC FOR ) OFFICIAL (1) APPROVAL OF ITS PROPOSED PLAN FOR ) DEMAND SIDE MANAGEMENT AND ENERGY ) EXHIBITS EFFICIENCY PROGRAMS FOR 2020-2023; (2) ) AUTHORITY TO RECOVER ALL PROGRAM COSTS, ) INCLUDING LOST REVENUES AND FINANCIAL ) INCENTIVES IN ACCORDANCE WITH IN. CODE §§ ) 8-1-8.5-3, 8-1-8.5-10, 8-l-2-42(A)AND PURSUANT TO ) CAUSE NO. 43955 170 IAC 4-8-5 AND 170 IAC 4-8-6; (30 AUTHORITY TO ) DSM-08 DEFER ALL SUCH COSTS INCURRED UNTIL SUCH ) TIME THEY ARE REFLECTED IN RETAIL RATES; ) (4) REVISIONS TO STANDARD CONTRACT RIDER ) IURC 66A; AND (5) INTERIM AUTHORITY TO CONTINUE ) PUBLIC'S OFFERING ITS CURRENT DEMAND SIDE MANAGEMENT AND ENERGY EFFICIENCY ) ~IW:O.- -o2D ·/ A I ~ PROGRAMS UNTIL A FINAL ORDER IS ISSUED IN ) 0Al£ REPORTER THIS CAUSE. ) INDIANA OFFICE OF UTILITY CONSUMER COUNSELOR PUBLIC'S EXHIBIT NO.1 PUBLIC (REDACTED) TESTIMONY OF OUCC WITNESS JOHN E. HASELDEN March 2, 2020 ~~L~ Je frey M. Reed -; V 1 Attorney No. 11651-49 Deputy Consumer Counselor Public's Exhibit No. 1 Cause No. 43955 DSM 8 Page 1 of35 TESTIMONY OF OUCC WITNESS JOHN E. HASELDEN CAUSE NO. 43955 DSM 8 DUKE ENERGY INDIANA, LLC I. INTRODUCTION 1 Q: Please state your name, business address, and employment capacity. 2 A: My name is John E. Haselden. My business address is 115 West Washington Street, 3 Suite 1500 South, Indianapolis, Indiana 46204. I am a Senior Utility Analyst in the 4 Electric Division of the Indiana Office of Utility Consumer Counselor ("OUCC"). -
For Personal Use Only Use Personal for for Personal Use Only Use Personal For
Metcash Limited ABN 32 112 073 480 1 Thomas Holt Drive Macquarie Park NSW 2113 Australia 23 March 2017 Market Announcements Office Australian Securities Exchange Limited 20 Bridge Street Sydney NSW 2000 Dear Sir/Madam HARDWARE INVESTOR DAY PRESENTATION Please find attached a presentation regarding Metcash’s Hardware business to be delivered at today’s Investor Day in Melbourne. Yours faithfully Julie Hutton Company Secretary For personal use only For personal use only Investor day – 23 March 2017 Contents Page 1 Metcash – network of successful independents 4 2 Independent Hardware Group 5 3 IHG management team 7 4 Hardware market 8 5 IHG network 9 6 Key strategic initiatives 14 7 Integration update 19 8 Summary 27 For personal use only 2 Successful Independents Ian Morrice Metcash CEO For personal use only Metcash For personal use only FOOD LIQUOR HARDWARE 4 HTH acquisition – now second largest in Hardware market Independent Metcash Hardware HTH Hardware Group Sales1 ~$1.1bn ~$1.0bn ~$2.1bn Trade | Retail sales split1 55% | 45% 62% | 38% 59% | 41% 71 majority / wholly 30 majority owned Company-owned Stores 41 wholly owned owned 23 minority interest2 23 minority interest Bannered Stores 373 377 750 Unbannered Stores3 ~370 ~865 >500 QLD (1), Vic (1), WA (2), DC Locations Qld, Vic, WA NSW (2), Vic, WA NSW (2) Number of Employees (FTE) ~1,000 ~1,600 ~2,600 ~$2bn business with significant scale 1. Year ended 30 April 2016 for Metcash Hardware. Year ended 30 June 2016 for HTH 2. Stores held through 8 separate joint ventures For personal use only 3. -
Metcash Limited ABN 32 112 073 480 1 Thomas Holt Drive Macquarie Park NSW 2113 Australia
Metcash Limited ABN 32 112 073 480 1 Thomas Holt Drive Macquarie Park NSW 2113 Australia 25 July 2018 Market Announcements Office Australian Securities Exchange Limited 20 Bridge Street Sydney NSW 2000 Dear Sir/Madam METCASH LIMITED – 2018 ANNUAL REPORT In accordance with ASX Listing Rule 4.7, please find attached a copy of the Metcash Limited 2018 Annual Report. Copies are being despatched today to those members who have requested a copy. An electronic copy will also be made available today on the company’s website, www.metcash.com. Yours faithfully Julie Hutton Company Secretary ABN 32 112 073 480 Metcash Limited Annual Report 2018 Championing SuccessfulIndependents 2018 Annual Report Metcash is Australia’s leading wholesaler and distributor, supplying and supporting more than 10,000 independent retailers across the Food, Liquor and Hardware sectors. Our focus is to champion successful independents to become the ‘Best Store in Town’, by providing our network of strong retail brands with merchandising, operational and marketing support. Contents About Us ............................................ 2 Logistics ...........................................18 Chairman’s Report ............................ 4 CSR ...................................................20 CEO’s Report ...................................... 6 Our People .......................................24 Financial Highlights ........................10 Our Board ........................................25 Food .................................................12 Financial Report -
Mitre 10 Australia 12 Dansu Court Hallam Vic 3803
SUBMISSION OF INDEPENDENT HARDWARE RETAILERS under the Mitre 10 banner 31st August 2010 Regulation Benchmarking Study: Planning, Zoning and Development Assessments Productivity Commission GPO Box 1428 Canberra City ACT 2601 Email: [email protected] Submission on behalf of Australian independent Mitre 10 and True Value hardware retailers Background and provenance of submission Formed in 1959, Mitre 10 is the leading Australian independent hardware retail format, comprising 430 stores across Australia. Our network of Mitre 10 and True Value Hardware stores are privately owned, passionately operated and committed to helping every customer with expert advice. These stores have been providing millions of homeowners with solutions to their home improvement projects and the building trade for over 50 years. Retail turnover of the Mitre 10 group is approximately $1.5billion, around one quarter of the market leader Bunnings. Mitre 10 stores are run by independent owners, with more than 300 distinct owners across the store base, employing around 10,000 individual staff members. Mitre 10 stores are a vibrant part of local communities throughout the country with 70 percent of these stores located in regional Australia. Mitre 10 retailers support community initiatives large and small, especially local projects that make a real difference to communities. This submission has been prepared with a primary focus on planning and competition issues within the Australian hardware retailing industry. Terms of reference ‐ Issues The Commission has been asked to benchmark the states and territories’ planning and zoning systems and land development assessments (DAs) with reference to business compliance costs and competition impacts. The implicit logic in many of the questions raised in the Issues Paper appears to be that planning systems by their very nature restrict competition, and that more deregulated planning systems are good for competition and therefore productivity. -
Submission to the Annual Wage Review 2017–18
Master Grocers Australia Limited T/AS MGA Independent Retailers MGA Timber Merchants Australia (MGA/TMA) Submission to the Fair Work Commission Wage Panel Fair Work Australia Annual Wage Review 2019- 2020 March 2020 National Support Centre - Suite 5, 1 Milton Parade, Malvern VIC 3144 P 1800 888 479 | F 03 9824 4022 | www.mga.asn.au | ABN 44 004 063 263 1 © Master Grocers Australia Limited Contents ABOUT MASTER GROCERS AUSTRALIA LIMITED (MGA/TMA)............................. 3 EXECUTIVE SUMMARY ............................................................................................ 4 INTRODUCTION ........................................................................................................ 6 THE REQUIREMENTS OF THE ANNUAL WAGE REVIEW ...................................... 9 THE AUSTRALIAN ECONOMY ................................................................................ 10 THE INDEPENDENT RETAILER .............................................................................. 16 DOCUMENT ‘A’ ........................................................................................................ 29 DOCUMENT ‘B’ ........................................................................................................ 73 CONCLUSION .........................................................................................................114 National Support Centre - Suite 5, 1 Milton Parade, Malvern VIC 3144 P 1800 888 479 | F 03 9824 4022 | www.mga.asn.au | ABN 44 004 063 263 2 © Master Grocers Australia Limited ABOUT MGA -
Thriving Independence Page 18
NO. 413 // DECEMBER 2020 Thriving independence Page 18 PAGE 14 PAGE 22 PAGE 30 HOW SIDELOADERS HELPED FLAMEFIXX FIRE- SPOTTING COMMON A BUSINESS BOOM RESISTANT PRODUCTS DESIGN TRAPS TTN413_01_cover.indd 1 6/11/20 2:44 pm Untitled-1 1 6/11/20 8:55 am MORE FROM WOOD. Untitled-1 1 6/11/20 8:55 am CONTENTS 22 PUBLISHING DATA Publisher: Ian Brooks Association update ..................... 5 (02) 9126 9705 [email protected] ......................................................9 News Editor: Donyale Harrison 0417 487 497 News feature [email protected] North Shore Timber & Hardware has been a Advertising: Julie McConachy key innovator in timber retailing for decades. 0409 381 813 For the past 23 years, Hubtex sideloaders [email protected] have helped expand what’s possible ........... 14 Subscription Manager: Julie Hughes (02) 9439 1955 Cover story [email protected] Permewans Mitre 10 is a much-loved Art Director: Julitta Overdijk institution in Hamilton, Vic. After a period of Published 12 times per year by: Paragon Media Pty Limited growth and renewal, they’ve undergone a ABN: 49 097 087 860 rapid reinvention over the past year to stave Suite 14, Level 2/174 Willoughby Road off a corporate challenger ............................. 18 Crows Nest NSW 2065 14 PO Box 81, St Leonards, NSW 1590, Australia Fire feature Tel: 02 9439 1955 The final report of the Bushfire Royal Email: [email protected] Commission asks for more fire-resistant Circulation: proprietors, managers and structures. FLAMEfixx is a new product that executives in all sectors of the timber ensures timber stays in the construction mix and building materials industries including merchants, building material for BAL zones .............................................. -
The Industryls Annual Report
2 0 1 5 t doesn’t take an Ivy League economist to we have seen this year, consumers were still explain what happens when consumers very wary about whether these conditions were have more money in their pockets, their tenable. This uneasiness appears to have waned homes’ values increase and they are more in 2015 and can be attributed to several things. MARKET confident about their employment pros- First, consumer confidence was buoyed Ipects and generally comfortable with the state of throughout the year by growth in the job market. the economy overall. They spend more money. Though the job market had expanded in Such has been the case so far in 2015 as home previous, post-recessionary years, unemploy- values headed up, unemployment continued to ment remained high enough that consumers move down and other positive factors came into were still cautious when it came to hopes for play that made average consumers feel a bit more sustained stability. comfortable opening their wallets. Throughout 2015, we saw the unemployment Of course what they did once their wallets were rate drop from 5.7 percent in January down to MEASURE 1 open is also important, and this year consumers 5.0 percent in October , the lowest rate since THE INDUSTry’s AnnuAL REPORT showed their willingness to once again spend April 2008. money to improve and maintain their homes. This rate not only represents the lowest When the year settles out, the North American unemployment in nearly 90 months, but it Retail Hardware Association (NRHA) is predict- is also much more in line with the rates the ing that these favorable economic factors should economy was posting in the four years leading translate to an increase of about 4.9 percent in up to the recession, when home improvement home improvement retail sales for 2015. -
Kitchen Range Catalogue
KITCHEN RANGE CATALOGUE It’s your decision The very best kitchen solutions from around the world have been brought together to create a stunning range of modular kitchens, all available to order today. Durability is key across the entire Principal range with doors and drawer fronts in quality laminate, UV, acrylic, 2 pack painted finishes, special order personal colours, cabinets built in Australia, German soft close drawers and Italian soft close hinges. The care and attention to detail we put into every kitchen makes a world of difference. The Principal quality With you all the way Every detail of the kitchen you’re about to discover has Our in store designers are on hand to help you select the been designed around the very best in contemporary right kitchen for your home and your lifestyle. And they living. With clever storage solutions, the latest finishes know every detail of the kitchens inside and out, to give and special touches to make your kitchen distinctly your you the right advice first time, every time. own, Principal helps set a new standard in kitchen design trends. Discover durable and stylish benchtops and finish Available to order and ready when you are your room with sinks and tapware. From traditional looks Subject to availability, your kitchen will usually be ready to to ultra cool and contemporary, there really is something to deliver in as little as 14 days. inspire everyone in a Principal kitchen. Our warranty - built for life Installing your Principal kitchen couldn’t be easier with all Your kitchen is the heart to the home. -
My Name Is Jos De Bruin and I Am the CEO of the Master Grocers Australia
4th April 2016 The Committee Secretary Senate Education and Employment Committee PO Box 6199 Parliament House Canberra ACT 2600 Dear Ms. Agostino Re: The Fair Work Amendment (Protecting Australian Workers) Bill 2016 We refer to your correspondence in respect of the Fair Work Amendment (Protecting Australian Workers) Bill 2016, (the Bill) and its referral for inquiry and report by the Senate Education and Employment Committee. We thank you for the opportunity to make a submission on the contents of the Bill and our brief comments are set out in this letter. 1.About Master Grocers Australia Master Grocers Australia (MGA) is a nationally registered organisation. There are 2,700 branded independent grocery stores, trading under brand names such as: Supa IGA, IGA, IGA Xpress, FoodWorks, Foodland, Farmer Jacks, Supabarn, Friendly Grocers, and SPAR, with a further approximately 1,300 independent supermarkets trading under their own local brand names. In addition, there are numerous independent liquor stores operating throughout Australia and trading under names such as Cellarbrations, The Bottle O, Bottlemart, Duncans, and Local Liquor, which are either single or multi-store owners. Our member’s independently owned hardware stores trade under brand names including, Mitre 10 and True Value Hardware. The MGA member stores which collectively employ more than 115,000 staff are comparatively much smaller when juxtaposed against the large supermarket chains of Coles and Woolworths which combined represent approximately 80 per cent of the retail supermarket industry. 2. MGA responses to the main provisions of the Bill a. Status of employees The majority of MGA members operate their businesses under the General Retail Industry Award, but some retailers have their own enterprise agreements.