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 |
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Last
Updated: 01/04/2022