Korvest (ASX:KOV) is headquartered in South Australia and provides cable and pipe supports and galvanising services
Listed in September 1970
Korvest has sales offices and warehouses in Adelaide, Melbourne, Sydney, Brisbane and Perth, with distributors in Darwin, Townsville, Hobart and New Zealand
Manufacturing, fabrication and galvanising in Adelaide Overseas supply chain provides make vs buy flexibility Sell to a wide variety of industry sectors
4
Headline Numbers
Sales
EBIT
only
NPAT
Operating cash flow
EPS
Dividend per share
Profit After Tax
use
8,000
7,000
6,000
5,000
4,000
3,219
3,000
2,130
1,897
2,835
2,000
onal
1,000
0
FY20 1H
FY20 2H
FY21 1H
FY21 2H
June 22
June 21
% Change
$99.22m $69.79m 42.2%
$16.00m $8.88m 80.2%
$11.34m $6.05m 87.4%
$3.99m $6.51m
99.0c 53.5c 85.0%
60c35c
7,036
•
Record year with exceptional 1H
4,300
• Significant large project work
•
Sale of PSA/TT
•
Working capital demands
impacted operating cash flows
FY22 1H
FY22 2H
5
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Korvest Limited published this content on 25 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 July 2022 01:43:01 UTC.
Korvest Ltd is an Australia-based company that is engaged in hot dip galvanizing, sheet metal fabrication, and the manufacture of cable and pipe support systems and fittings. The Company operates through two segments: Industrial Products and Production. Its Industrial Products segment includes the manufacture of electrical and cable support systems, steel fabrication and access systems. It also includes the sale, hire and repair of high torque tools. The Company includes businesses trading under the EzyStrut, Power Step and Titan Technologies names. Its Production segment represents the Korvest Galvanizing business, which galvanizes a range of items from large and difficult fabrications to small fasteners, pipe fittings and castings with an on-site 14 meter hot dip galvanizing bath. The Company provides solutions across infrastructure, commercial, utilities, mining, food processing, oil and gas, power stations, petrochemical, data/communications, health and industrial segments.
KORVEST LTD 
