Company VEEM Ltd

Equities

VEE

AU000000VEE3

Shipbuilding

Market Closed - Australian S.E. 01:10:09 2024-03-28 am EDT 5-day change 1st Jan Change
1.77 AUD +4.73% Intraday chart for VEEM Ltd +11.67% +60.91%

Business Summary

VEEM Limited (VEEM) is an Australia-based company, which is a designer and manufacturer of high-technology marine propulsion and stabilization systems for the global luxury motor yacht, fast ferry, commercial workboat and defense industries. The Company is also engaged in manufacturing engineered products and services for the marine, defense and mining industries. The Company operates various businesses, including VEEM Marine, VEEM 247 Engineering, VEEM Defense, Timcast Hollowbar and Conquest Propellers. VEEM Marine has marine technology with the commercial facilities. VEEM 24-7 Engineering provides services to aerospace, defense, mining, and oil and gas industries. VEEM Defense is engaged in defense contracts, such as manufacturing and servicing the Oberon class submarine valves through to the propulsion system for the new Pacific patrol boats.

Sales per Business

AUD in Million2022Weight2023Weight Delta
Propulsion and Stabilization
55.3 %
31 56.8 % 33 55.3 % +6.97%
Defence
28.5 %
14 26.4 % 17 28.5 % +18.50%
Engineering Products and Services
22.7 %
14 25.8 % 14 22.7 % -3.49%
Eliminations
-6.5 %
-5 -9.1 % -4 -6.5 % -20.92%

Sales per region

AUD in Million2022Weight2023Weight Delta
Australia
61.0 %
33 60.0 % 36 61.0 % +11.68%
United States, Sweden, United Kingdom, Italy, Turkey and Netherlands
39.0 %
22 40.0 % 23 39.0 % +7.10%

Managers

Managers TitleAgeSince
Chief Executive Officer - 81-12-31
Director of Finance/CFO - 19-11-17
Chief Operating Officer - 23-03-31
Director/Board Member 53 16-08-31
Corporate Officer/Principal - 23-03-26

Members of the board

Members of the board TitleAgeSince
Director/Board Member 53 16-08-31
Chairman - 81-12-31
Chief Executive Officer - 81-12-31
Director/Board Member - 10-12-31
Director/Board Member - 18-07-16

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 135,719,452 65,859,838 ( 48.53 %) 0 48.53 %

Shareholders

NameEquities%Valuation
Veem Corp. Pty Ltd.
50.20 %
68,135,593 50.20 % 58 M $
Perennial Value Management Ltd.
9.469 %
12,851,416 9.469 % 11 M $
Salter Brothers Asset Management Pty Ltd.
7.737 %
10,500,000 7.737 % 9 M $
7,650,000 5.637 % 7 M $
NAOS Asset Management Ltd.
4.332 %
5,879,552 4.332 % 5 M $
Weewac Pty Ltd.
0.3102 %
421,000 0.3102 % 359 117 $
Acres Holdings Pty Ltd.
0.2468 %
335,000 0.2468 % 285 758 $
Schröder Equities GmbH
0.2348 %
318,603 0.2348 % 271 772 $
Honne Investments Pty Ltd.
0.2210 %
300,000 0.2210 % 255 903 $
250,000 0.1842 % 213 253 $

Company contact information

Veem Ltd.

22 Baile Road

6155, Canning Vale

+

http://www.veem.com.au/
address VEEM Ltd(VEE)