R.T. Briscoe (Nigeria) PLC - Company Capsule

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					R.T. Briscoe (Nigeria) PLC

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R.T. Briscoe (Nigeria) PLC - Company Capsule

Reference Code: RT0513CC
Published Date: April 2011




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R.T. Briscoe (Nigeria) PLC - Company Capsule                                        Page 1
R.T. Briscoe (Nigeria) PLC

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R.T. Briscoe (Nigeria) PLC - Company Overview

R.T. Briscoe (Nigeria) PLC (Briscoe) is a specialty retailer of automobiles. The company is a dealer of Toyota and Ford
Motor Company in Nigeria. The company also provides sales and service of industrial air compressors, electricity
generating sets, mining and drilling equipment, as well as material handling equipment, such as forklifts, pallet trucks, and
accessories of Atlas Copco brand. Briscoe, in partnership with its parent company Asset And Resource Management
Company, Ltd., set up a property management company, Briscoe Properties Limited to provide service to a residential
estate and other available properties. The company through Briscoe Solutions Plus offer infrastructure solutions and
services. R.T. Briscoe (Nigeria) PLC is headquartered in Lagos, Nigeria.


Financial Performance

The company reported revenue of NGN 15,234.85 million during the fiscal year ended 2009. The company's revenue
declined at a compounded rate of 3.14% during the period 2007-2009 with a year on year decline of 24.02% over fiscal
year 2008. During the fiscal year 2009 its operating margin was 2.84% as against the operating margin of 4.69% in fiscal
year 2008. During the fiscal year 2009 the company registered a net margin of 1.89% as against the net margin of 3.13%
in the fiscal year 2008.




R.T. Briscoe (Nigeria) PLC - Key Facts

R.T. Briscoe (Nigeria) PLC, Key Facts

                                  18, Fatai Atere Way, Matori, , ,
                                                                     Ticker Symbol, Stock       RTBRISCOE (Nigerian Stock
Corporate Address:                Nigeria                                                       Exchange)
                                                                     Exchange



Telephone                          + 234 1 4520564                   No. of Employees           N/A



Fax                                + 234 1 4524519                   Financial Year End         December



URL                               www.rtbriscoe.com                  Revenue (in NGN Million)   20,051.00



Industry                          Retailing                          Revenue (in USD Million)   168.59



Locations                         Nigeria

Source: Annual Report, Company Website, Primary and Secondary Research




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R.T. Briscoe (Nigeria) PLC - Company Capsule                                                                         Page 2
R.T. Briscoe (Nigeria) PLC

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R.T. Briscoe (Nigeria) PLC - Major Products and Services

.T. Briscoe (Nigeria) PLC is a Nigeria based company engaged in the automobile dealerships of Toyota and Ford Motor
Company in Nigeria. Key products and services offered by the company include the following:

R.T. Briscoe (Nigeria) PLC, Major Products and Services
Products:

Automobiles

Industrial air compressors

Electricity generating sets

Mining and drilling equipment

Forklifts

Pallet trucks

Parts and accessories

Services:

Property management services

Infrastructure services and solutions
Source: Annual Report, Company Website, Primary and Secondary Research




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R.T. Briscoe (Nigeria) PLC

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R.T. Briscoe (Nigeria) PLC - Key Competitors

The following companies are the major competitors of R.T. Briscoe (Nigeria) PLC:

BRAS Automobile Limited

Toyota Nigeria Limited

Tuan Sing Holdings Ltd.

EOH Holdings Ltd.

Edrasis - C.Psallidas S.A.




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R.T. Briscoe (Nigeria) PLC

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R.T. Briscoe (Nigeria) PLC - Key Employees


R.T. Briscoe (Nigeria) PLC, Key Employees


          Name                             Job Title                      Board Level     Since   Age


Clement          Adekunle
                            Chairman                                Executive Board       2002
Olowokande


Durojaiye Olatunji          Managing Director                       Executive Board       2010


Bukola Oluseyi Onajide      Director                                Executive Board       2004


Alhaji Sanusi Ado Bayero Director                                   Non Executive Board   2003


Adeola Adenike Sagoe        Director                                Non Executive Board   2004


Akintola Olusola Ajayi      Director                                Non Executive Board

Source: Annual Report, Company Website, Primary and Secondary Research




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R.T. Briscoe (Nigeria) PLC - Company Capsule                                                        Page 5
R.T. Briscoe (Nigeria) PLC

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R.T. Briscoe (Nigeria) PLC - Locations and Subsidiaries

Head Office

R.T. Briscoe (Nigeria) PLC
18, Fatai Atere Way
Matori
Nigeria
Tel: + 234 1 4520564
Fax: + 234 1 4524519



Other Locations & Subsidiaries

R.T. Briscoe (Nigeria) PLC, Locations

BRISCOEFORD
20, Mobolaji Bank Anthony Way Ikeja                                 314, Port Harcourt/Aba Expressway
lekki                                                               Port Harcourt
Nigeria                                                             Nigeria
Tel: + 234 1 7924798                                                Tel: + 234 84 238115
Fax: + 234 1 4524519                                                Fax: + 234 84 238116


BRISCOE SCHNEIDER
18, Fatai Atere Way                                                 Plot 1440, Sanusi Fafunwa Street
Matori                                                              Victoria Island
Nigeria                                                             Nigeria
Tel: + 234 1 7228310                                                Tel: + 234 1 7256598
Fax: + 234 1 4524519

Source: Annual Report, Company Website, Primary and Secondary Research




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R.T. Briscoe (Nigeria) PLC - Company Capsule                                                            Page 6
R.T. Briscoe (Nigeria) PLC

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R.T. Briscoe (Nigeria) PLC - Financial Ratios

Financial Ratios - Annual Ratios
R.T. Briscoe (Nigeria) PLC, Annual Ratios

                Key Ratios                    Unit/Currency              2009         2008         2007         2006         2005
Equity Ratios
EPS (Earnings per Share)                            NGN                     0.42         1.11         1.34         1.46         0.55
Dividend per Share                                  NGN                         0.1          0.4          0.5          0.5      0.35
Dividend Cover                                    Absolute                  
				
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