PFI - Property for Industry profile

This is a basic profile of an NZX50 listed company. It is not investment advice. We recommend you contact a qualified adviser if you need more information.

Property For Industry

Directory

NZX code: PFI
Short name: Property for Industry 
Legal name: Property for Industry Limited
Industry sector: Industrial Property
NZX50 rank: 24 of 50
Head office address: Shed 24, Prince's Wharf, 147 Quay Street, Auckland, 1010
Chairman: Anthony Beverley
Chief executive: Simon Woodhams
Financial year ended: December
Locations: New Zealand
Auditor: Pwc
Bankers: ANZ, BNZ, CBA, Westpac NZ

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Financial statement history
 

A. Recent trading and performance summary:

  Total
revenue
NPAT Earnings
per share
fye Dec mln mln cents
2015 $146.5 $73 17.3
2016 $160.1 $123 27.4
2017 $128.1 $52 11.3
2018 $158.2 $110 22.1
2019 $229.3 $176 35.4

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B. Recent financial position summary:

  Total
assets
Total
Liabilities
Equity
ratio
fye Dec bln bln %
2015 $1.03 $0.37 64.1
2016 $1.12 $0.37 67.0
2017 $1.24 $0.40 67.7
2018 $1.35 $0.44 67.4
2019 $1.52 $0.47 69.1

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C. Recent cash flows and positions:

  Cash
inflows
Cash
outflows
Cash and equiv. 
at year end
fye Dec mln mln mln
2015 $69.9 $70.0 $0.5
2016 $32.8 $33.5 -$0.1
2017 $76.1 $75.4 $0.6
2018 $53.7 $52.7 $1.7
2019 $48.4 $48.9 $1.2

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Description of trading activities 

Property for Industry is a property investment company that invests in New Zealand industrial properties. Its tenants include Fisher & Paykel Appliances and Fletcher Building who account for almost 14% of its total rental income.

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CEO profile

Simon became the CEO in January 2019. Prior to this he was the manager of PFI starting in mid-2013. He graduated with a Bachelor of Commerce majoring in Accounting and Marketing from Canterbury University.


Chairman profile

Anthony consults to both the private and public sector. He holds other directorships with Arvida Group Limited and Ngai Tahu Property Limited. He is a chartered Fellow of the New Zealand Institute of Directors and a number of other institutes.


Links:

Company website: https://www.propertyforindustry.co.nz/
Investor information: https://www.propertyforindustry.co.nz/investor-centre/
NZX listing: https://www.nzx.com/companies/PFI
Annual reports: https://www.propertyforindustry.co.nz/investor-centre/reports-and-presentations/

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