Company Profile

Metro Performance Glass

Metro Performance Glass Limited (Metro) was founded in 1987 and went public on the NZX and ASX in 2014. Metro is one of the largest New Zealand based manufacturers of glass for the commercial and residential construction markets, with four manufacturing plants. 

In 2016, Metro entered the Australian market through the acquisition of the Australian Glass Group, the company now operates three plants across the Tasman. Metro produces a range of generic and customisable products such as windows, doors, internal partitions, balustrades, pool fencing, showers and mirrors. 

Despite employing about 1200 staff, Metro is a small company in terms of market capitalisation, with a value of less than $100 million. Simon Mander has led the company as CEO since late 2018.


Announcements
Title Date Type
Metroglass to announce FY22 annual results on 30 May 2022 Thu, Apr 28 2022 09:16 am GENERAL
Metroglass appoints Jenn Bestwick to the board Tue, Apr 12 2022 10:02 am ADMIN
Metroglass announces Director resignation Mon, Apr 04 2022 09:48 am ADMIN
Ongoing D&O Notice - Julia Mayne Thu, Feb 24 2022 02:23 pm SHINTR
FY22 Guidance and Q4 outlook Mon, Feb 21 2022 08:31 am MKTUPDTE
SPH Notice - Takutai Ltd. Mon, Feb 14 2022 08:37 am SHINTR
Metroglass announces its FY22 interim results Mon, Nov 22 2021 08:31 am HALFYR
Metroglass to announce interim results on 22 November 2021 Wed, Oct 27 2021 11:26 am GENERAL
COVID‐19 impacts first half and delays return of dividends Tue, Sep 21 2021 08:42 am MKTUPDTE
Metro Performance Glass COVID-19 update Thu, Sep 02 2021 09:56 am MKTUPDTE
Directors and Executives
Mark Eglinton
Independent Non-Executive Director
Peter Griffiths
Independent Chairman
Rhys Jones
Independent Non-Executive Director
Simon Mander
Chief Executive Officer
Julia Mayne
Independent Non-Executive Director
Brent Mealings
Chief Financial Officer
Graham Stuart
Independent Non-Executive Director
Tracy Taylor
Company Secretary
Company Details
Registered Office: 5 Lady Fisher Place,, East Tamaki,, Auckland 2013
Postal Address: PO Box 8179, Riccarton, Christchurch 8440
Telephone: +64 9 927 3000
Facsimile: n/a
Website: www.metroglass.co.nz
First Listed: 30/07/2014
Balance Date: 31 March
AGM: 06/08/2021
Major Holdings Announcements
Date Name No. Held % Current
14/02/22 Takutai Limited as trustee of the T 16,988,831 - 9.16
25/06/21 Bain Capital Credit, LP, Bain Capit 12,522,769 11.05 6.76
21/04/20 Investment Services Group Limited 7,954,055 5.89 4.29
20/02/20 Schroder Investment Management Aust - 6.11 -
17/02/20 Masfen Securities Limited 24,181,475 - 13.00
06/11/19 National Australia Bank Limited 8,638,624 6.56 4.66
25/03/19 Accident Compensation Corporation 12,091,936 5.04 6.52
29/11/18 New Zealand Superannuation Fund Nom 3,203,072 7.32 1.73
20/03/18 Commonwealth Bank of Australia 6,725,034 5.06 3.63
19/12/17 Milford Asset Management Limited 8,494,950 5.78 4.58
28/08/17 Janus Henderson Group PLC 8,866,225 6.61 4.78
26/05/17 Henderson Global Investors Limited 14,235,475 6.58 7.68
03/04/17 Fisher Funds Management Limited - 7.31 -
31/03/17 Devon Funds Management Limited 11,779,748 5.10 6.35
10/03/17 Harbour Asset Management & Jarden P 7,285,863 5.49 3.93
22/02/17 Jarden Partners Limited. 10,183,602 6.54 5.49
17/11/16 ANZ New Zealand Investments Limited 8,324,546 5.26 4.50
18/07/16 Salt Funds Management Limited 11,294,967 7.17 6.10
07/06/16 Crescent Capital Partners Managemen - 8.27 -
Director’s Interests Announcements
Date Name No. Held % Details Other
24/02/22 Julia Mayne 25,000 - - -
28/05/21 Peter Griffiths 250,500 - - -
28/05/21 Mark Eglinton 40,000 - - -
27/07/20 Brent Mealings 27,000 - - -
02/03/20 Simon Mander 200,000 - - -
02/03/20 Angela Bull 65,825 - - -
02/03/20 Graham Stuart 100,000 - - -
03/09/18 Rhys Jones 58,000 - - -
07/06/18 Gordon Buswell 50,000 - - -
30/08/17 Nigel Rigby 5,418,401 - - -
30/08/17 Sir John Coulter 30,000 - - -
08/08/17 Andrew Paterson 1,294 - - -
08/08/17 John Fraser-Mackenzie 21,294 - - -
Analysts’ Forecasts
profit2021 profit2022 eps2021 dps2021 sales2021 ebit2021 ebitda2021
mean 15.6 8.4 6.0 38.2
high 15.6 8.4 6.0 38.2
low 15.6 8.4 6.0 38.2
sample 1 0 1 1 0 0 1
Disclaimer
Data on this page is from BusinessDesk and NZX Ltd for information purposes only. Details are believed to be accurate but no warranty is given as to accuracy, timeliness, reliability or completeness. No person should rely on the contents of the report and all persons should obtain independent professional advice before acting on any information connected with or contained in this report.
Last Updated: 01/04/2022
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