Friday, 30 October 2015

SA's top performing companies revealed

Fortress Income Fund became the first property firm to top the list after achieving an average annual compound return of 72,7%.

The awards track the best performing companies on the JSE based on the shareholder returns achieved over a five-year period.

Speaking at the awards ceremony held in Sandton on Tuesday night, Fortress Income Fund CEO Mark Stevens said: “We are honoured to be recognised by our peers in receiving this acknowledgement. It has been a true team effort and everyone at Fortress deserves our thanks for a job well done. Moving forward, it’s business as usual as we strive to continue maximising value and providing our shareholders with great returns.”

Well-respected retail tycoon Christo Wiese was crowned Business Leader of the Year. He was also awarded the Lifetime Achievement Award, becoming the first person to scoop both of the coveted awards in the same year.

Commenting on the accolade, Wiese said that he felt “grateful and humbled at the same time, the reason being that there are so many unsung heroes in our society. On the other hand, one has great appreciation for the contribution made by tens of thousands of one’s colleagues in achieving this highly regarded recognition.”

Past Lifetime Achiever recipients include late former president Nelson Mandela, Bobby Godsell, Richard Maponya, Nthato Motlana, Allan Gray, Raymond Ackerman and Stephen Koseff among others.

Coronation Fund Managers, EOH Holdings, Mondi, Mr Price Group and Naspers were awarded the Royal Companies status, which is bestowed on companies that have placed in the top 20 positions for three consecutive years.

Here is the list of SA’s top 10 performing companies on the JSE:

Fortress Income Fund (72,7%)
Trustco Group Holdings (70,4%)
EOH Holdings (69,3%)
Taste Holdings (53%)
Coronation Fund Managers (51,4%)
Afrimat (49,3%)
Brait SE (48,2%)
Capital & Counties Properties (47,7%)
PSG Group (47,2%)
Onelogix Group (45,5%)
Source: Sunday Times