Life is beautiful for terminal team
Beauty may be only skin deep, but in Broward County, Florida, it is at least as deep as the Rinker Materials’ Port Everglades cement terminal silos. The terminal recently won First Place, Large Commercial Establishment in the 2004 Broward Beautiful Awards.
Broward Beautiful is an advisory board appointed by the Broward County board of county commissioners. It is dedicated to maintaining, protecting and enhancing Broward County’s beauty, ecology, and environmental quality.
Port Everglades corporate and community relations’ personnel nominated Rinker Materials’ Port Everglades terminal for this award due to its highly maintained grounds and facilities. This is the first time that Port Everglades has submitted one of its tenants for this award. Port director Mr. Ken Krauter says Rinker Materials has now set the bar high. He is hopeful that other large commercial establishments at the Port will follow suit.
“We are proud of such a distinguished award and we greatly appreciate the nomination from Ellen Kennedy, Port Everglades Public Relations,” says Juan Alvarez, Port Everglades’ terminal manager.
And if winning the Broward Beautiful award isn’t enough for the Terminal team, they had another big win last year with their results: “YEM 04 was a record year for us with sales of over 1.2 million tons,” continues Juan. “An outstanding achievement for everyone at this terminal.”
Rinker delivers value to shareholders
Rinker’s first year as a separate, listed company has proved very satisfactory for shareholders. The hard work from Rinker employees in developing new systems, procedures, policies and standards has enabled successful operation as a stand-alone entity. The transition has been completed whilst maintaining a strong performance for shareholders.
Shareholders benefited from Rinker’s performance in several ways - through a higher dividend, improved return on shareholders’ equity, and a share buyback. Investors have also responded well to the ongoing growth and consistency with the share price moving up as a result. In Rinker’s financial year ending March 2004, the share price rose 41% in Australian dollars to A$6.95. Since then, it has continued to trend upwards – up 75% since the demerger to the end of September 04. For U.S. investors, the share price increase in their currency has been even higher – up 77% during the financial year and up 110% to the end of September.
Rinker’s focus will continue to be delivering a strong performance with ongoing growth, while behaving ethically, focusing on what our customers want and being mindful of our community responsibilities.
Rinker’s share price can be followed on the internet site www.rinkergroup.com. The listing code is RIN.
