Idea's discusssed and researched by HIT contributors
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Technology One Limited (TNE)
TechnologyOne (ASX: TNE) is Australia’s largest enterprise Software as a Service (SaaS) company and one of Australia’s top 100 ASX-listed companies, with offices across six countries. Technology One Ltd. engages in the development, marketing, sales, implementation and support of fully integrated enterprise business software solutions. It operates through the following segments: Software, Consulting, and Corporate.
The Software segment is consisted of Sales and Marketing, research and development, and SaaS platform. The Consulting segment provides implementation, custom software, and consultation services. The Corporate segment is engaged in the aggregation of the corporate services functions costs and revenue, and corporately funded projects. The company was founded by Adrian Di Marco in 1987 and is headquartered in Brisbane, Australia.
TNE is Australia's largest enterprise software company and one of Australia's top 150 ASX-listed companies, with locations across six countries. The Company provide a global SaaS ERP solution that transforms business and makes life simple for our customers. The Company deeply integrated enterprise SaaS solution is available on any device, anywhere and anytime and is incredibly easy to use
The Company's enterprise business software solutions include Technology One Business Analytics, Technology One Corporate Performance Management, Technology One DXP Local Government, Technology One Enterprise Asset Management, Technology One Enterprise Budgeting, Technology One Enterprise Cash Receipting, Technology One Enterprise Content Management, Technology One Financials, Technology One Human Resource and Payroll, Technology One Performance Planning, and Technology One Property and Rating, among others. The company serves local government, education, government, health and community services, asset and project intensive, and financial and corporate organizations.
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Breville Group Limited (BRG)
Breville Group Ltd. engages in the design and development of small electrical kitchen appliances and operates through Global Product and Distribution segments. The Global Product segment sells products designed and developed by the Company that may be sold directly or through third parties or by other group-owned brands.
The Distribution segment markets products that are designed and developed by a third party which may be sold under a brand owned by the company, like Kambrook, Cli-mate, Aquaport, or may be distributed under a third party brand, like Nespresso and Sage (UK), LELIT (Italy). Kambrook sell products at affordable prices. It includes appliance for kitchen, living room, laundry and bedroom. LELIT designs, manufactures, and markets premium prosumer home coffee equipment in Europe and throughout the world.
Breville's products include espresso machines, Nespresso machines, drip coffee machines, coffee grinders, juicers, blenders, ovens and air fryers, pizza ovens, microwaves, bread makers, toasters, grills and sandwich makers, and waffle makers.
Having successfully doubled the size of the business in the last 5 years, BRG continues to strategically increase its spend on R&D, Marketing, Technology, Service and Solutions.BRG expanded its product offering in the Speciality Coffee market through the acquisition of Lelit, an Italian-based espresso machine manufacturer. The acquisition was completed in July 2022 and was quickly integrated. During the year BRG began the multi-country rollout of both Lelit and Baratza, with Lelit taken to the US and Australia and Baratza taken to Europe and Australia. Barista Express is now manufactured in Mexico (120v) and China (120v/240v) opening up further avenues for expansion.
The company was founded on January 11, 1932 and is headquartered in Sydney, Australia.
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James Hardie Industries (JHX)
James Hardie Industries Plc (JHX) is manufacturer of building products such as fibre cement siding, fiber gypsum and cement-bonded boards. Their fibre cement products are used in a number of markets, including new residential construction, manufactured housing, repair and remodelling and a variety of commercial and industrial applications both for internal and external use. Their current primary geographic markets include the United States, Australia, New Zealand, the Philippines, Europe and Canada.
Founded in 1888 as an import business, James Hardie transitioned into a publicly traded company on the ASX in 1951, marking its status as an Australian-owned entity. Following this milestone, the company diversified its offerings to include a broad spectrum of building and industrial products.
In the late 1970s, James Hardie spearheaded the innovation of asbestos-free fiber cement technology, a groundbreaking move that paved the way for the production of a wide array of durable, versatile, and robust fiber cement building materials in the early 1980s. Leveraging the technical prowess and manufacturing capabilities honed in Australia, the company ventured into the United States, inaugurating its fiber cement facility in Fontana, California in February 1990.
Since then, James Hardie has expanded its product range and global presence, establishing fiber cement manufacturing facilities across the United States, Australia, and the Philippines. In April 2018, the company achieved a significant milestone with the acquisition of Fermacell, a prominent player in fiber gypsum and cement-bonded boards, boasting manufacturing facilities in Germany, the Netherlands, and Spain.
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Since then, James Hardie has expanded its product range and global presence, establishing fiber cement manufacturing facilities across the United States, Australia, and the Philippines. In April 2018, the company achieved a significant milestone with the acquisition of Fermacell, a prominent player in fiber gypsum and cement-bonded boards, boasting manufacturing facilities in Germany, the Netherlands, and Spain.
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Lindsay Australia Limited (LAU)
Lindsay Australia Limited is an ASX (Code: LAU) listed integrated transport, logistics, and rural supply company.The company has an extensive network of over 30 dedicated sites servicing Lindsay Rural and Lindsay Transport customers.
The group’s major activities are:1. Road transport, logistics, and warehousing services2. Specialist services to rural suppliers, with an emphasis on the horticultural Industry3. Fumigation, ripening, quarantine, inspection, import and export services
From Boambee in Coffs Harbour, Lindsay is now entering its seventh decade. Lindsay Australia Limited has evolved into a fully integrated transport, logistics, and rural supply company, servicing customers in the food-processing, food services, rural and horticultural sectors. Lindsay Transport now operates from 16 terminals with a fleet of over 1000 vehicles, Lindsay Rural has 19 branches located across Australia, collectively the business employs in excess of 1100 employees.
- Lindsay Australia Limited operates a cohesive network encompassing road, rail, and rural divisions, which have consistently generated value and growth within a rapidly changing market landscape. Building upon robust foundations laid in recent years, the Group's strategic capital investments are poised to effectively address burgeoning demand in the market.
- Despite encountering challenges typical of the agricultural retail sector, such as fluctuating inventory balances, global price dynamics, and elevated freight costs, the Rural division remains resilient. It remains committed to targeting high-growth horticulture regions and expanding its geographic footprint. Notably, in July 2023, the Group finalized a binding agreement to acquire W.B. Hunter Pty Ltd, a prominent rural merchandise company operating across Victoria and New South Wales. This acquisition is anticipated to significantly enhance pro forma FY2024 earnings per share.
- Meanwhile, the Transport division experienced unprecedented demand for both road and rail services, driven by industry consolidation and increased fuel levy recoveries amidst rising diesel prices. By executing a comprehensive strategy encompassing rail expansion, road asset maintenance and investment, and enhancement of core operations, along with geographic diversification, the Transport division positioned itself to capitalize on the surge in demand following the departure of a key competitor.
- In FY2023, the Transport division expanded its rail fleet by adding 35 new refrigerated rail containers in the first quarter, supplemented by the acquisition of 350 secondhand containers and 44 prime movers in the fourth quarter. The Group remains committed to the ongoing renewal of its road fleet as per the replacement plan, ensuring that its fleet remains at the forefront in terms of efficiency and safety, thereby sustaining Lindsay Australia's network's success.
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IGO Limited (IGO)
IGO Ltd. is a mining and exploration company focused on metals critical to clean energy, primarily nickel, copper, cobalt and lithium.
IGO owns and operates the Nova nickel-copper-cobalt operation, the Forrestania Nickel operation and the Cosmos Nickel operation - all in Western Australia. IGO is also invested in a lithium focused joint venture with our partner, Tianqi Lithium Corporation, which comprises a 51% stake in the Greenbushes Lithium Mine and 100% interest in a downstream processing refinery at Kwinana producing battery grade lithium hydroxide.
In addition, it owns and operates various projects, including Fraser Range, Kimberley, Paterson, Copper Coast, Frontier, Raptor, and Western Gawler projects.
The company is also active in exploration for new nickel, copper and lithium deposits, with significant landholdings in Western Australia, Northern Territory, South Australia and also in Greenland. Through its combination of upstream mining and downstream processing assets, IGO is playing a pivotal role in advancing future-oriented technologies, such as electric transportation, energy storage, and renewable energy generation.Furthermore, IGO remains dedicated to pioneering the mines of tomorrow, maintaining a steadfast commitment to exploration investment to ensure a sustainable and reliable supply of clean energy metals for future generations.The company was formerly known as Independence Group NL and changed its name to IGO Limited in January 2020. The company was incorporated in 2000 and is headquartered in Perth, Australia.
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Wisetech Global (WTC)
WiseTech Global Limited is a founder-led technology company that is a provider of cloud-based software solutions to the logistics industry globally. The Company develops, sells, and implements end-to-end software solutions, which enable logistics service providers to facilitate the storage of goods and information, domestically and internationally.
WTC'S customers include over 18,0001 of the world logistics companies across 170 countries, including 41 of the top 50 global third-party logistics providers and 24 of the 25 largest global freight forwarders worldwide.
Its technology, CargoWise, is an integrated, global software platform for logistics service providers. Its software enables logistics service providers to execute logistics transactions and manage their operations on one global database across multiple users, functions, offices, corporations, currencies, countries, and languages.
Its main data centers in Australia, Europe and the United States deliver its CargoWise platform principally through the cloud, which customers access as needed and pay for usage as they execute on its platform.
It is also a provider of a solution facilitating intermodal rail in North America.The company operates in North America, South America, New Zealand, China, India, Japan, the Republic of Korea, Singapore, Turkey, Belgium, France, Germany, Ireland, Italy, The Netherlands, Norway, Spain, Sweden, Switzerland, United Kingdom, South Africa, United Arab Emirates, and Australia. WiseTech is headquartered in Alexandria, New South Wales, Australia.
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City Chic Collective Limited (CCX)
City Chic Collective, a global retailer specializing in fashionable plus-size women's apparel, footwear, and accessories, operates through an omni-channel model. With 82 stores in Australia and New Zealand (ANZ) and websites serving ANZ, the USA, as well as partnerships with third-party marketplaces and wholesalers in Australia, New Zealand, the USA, and Canada, its reach is extensive.
Under the umbrella of City Chic Collective Ltd. are brands like City Chic, Avenue, CCX, Hips & Curves, and Fox & Royal. City Chic caters to trendsetting women through a network of stores in ANZ and online platforms in ANZ and the USA. Avenue and City Chic serve a diverse customer base, spanning both conservative and fashion-forward segments, boasting a strong online presence. Hips & Curves in the USA and Fox & Royal in ANZ and the UK are online intimate wear brands.
City Chic Collective also owns Navabi, an online marketplace based in Europe, and distributes its brands through third-party marketplaces and wholesalers in the USA, Canada, the UK, and Europe.
Annual report ending FY2023 mentioned , City Chic has streamlined its supply chain by consolidating sourcing origins from 7 to 3 and destinations from 6 to 2, while reducing its factory base from 101 to 61 and its warehouses from 12 to 2. In line with the strategic objectives, the Group sold the Evans brand and assets and exited the EMEA region. This has resulted in a leaner, more efficient business in ANZ and the US where its strategy has historically proven to be successful.
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Helloworld travel (HLO)
Helloworld Travel is an Australian-based travel agency specialising in Retail, Corporate and Wholesale travel products and packages. Helloworld Travel is the retail travel business of Helloworld Travel Limited (HLO), with fully branded travel agencies and associate agents located throughout Australia and New Zealand. Run by CEO and Managing Director Andrew Burnes, HLO employs more than 600 staff throughout Australia, New Zealand, Fiji, and Europe. Helloworld' was launched in 2013 after the consolidation of legacy brands Harvey World Travel, Travelscene, Jetset and Travelworld. A merger with The AOT Group followed in 2016 and the business name was changed to Helloworld Travel in 2017.
With significant retail travel brands including Helloworld Travel – the Travel Professionals, HLO has more than 2,064 members in Australia and New Zealand across its retail networks including fully branded outlets, Associates, Helloworld Business Travel, Magellan Travel, The Travel Brokers (NZ), Mobile Travel Agents and the My Travel Group.
With significant retail travel brands including Helloworld Travel – the Travel Professionals, HLO has more than 2,064 members in Australia and New Zealand across its retail networks including fully branded outlets, Associates, Helloworld Business Travel, Magellan Travel, The Travel Brokers (NZ), Mobile Travel Agents and the My Travel Group.
Diverse Wholesale operations distribute travel products and services to markets all over the world, these include household names such as Viva Holidays, Sunlover Holidays, Territory Discoveries, Asia Escape Holidays, Skiddoo and GO Holidays operating in New Zealand.
Inbound and destination-management companies include AOT Inbound, ATS Pacific and Experience Tours Australia (ETA).
Air consolidation services AirTickets and SmartTickets provide advanced technological ticketing solutions to a wide range of travel agents and networks.
HLO services the fast-growing cruise market with specialist brand SevenOceans Cruising and Cruise Co providing access to a comprehensive database of ocean and river cruise products including itineraries, cruise lines, ocean and river cruise vessels and ports information, as well as cruise packaging and services.
With extensive operations in Australia and New Zealand Helloworld Travel Limited also has a significant business presence in Fiji with Inbound brand leader ATS Pacific and Fiji’s premier transport operator and ground handler Tourist Transport Fiji (TTF).
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Pro Medicus (PME)
Pro Medicus stands at the forefront of healthcare informatics, offering top-tier solutions to the global medical community. With over 30 years of experience, they specialize in radiology information systems (RIS), Picture Archiving and Communication Systems (PACS), and cutting-edge visualization solutions. Their mission is to empower clients in delivering superior patient care through enhanced and streamlined medical practice management.
Their comprehensive suite of offerings includes RIS, PACS, Artificial Intelligence, and e-health solutions, ensuring a seamless end-to-end experience in healthcare imaging. With offices in Melbourne, Berlin, and San Diego, Pro Medicus is strategically positioned to serve a diverse clientele.
Pro Medicus believes in the pivotal role of supportive, stable products and services in managing imaging centers and small to medium-sized hospitals. Their solutions prioritize easy access to data, smooth system operation, and efficient communication with referring physicians. Key features include multi-site scalability, productivity tools for radiologists and clinicians, workflow tracking, and real-time reporting on business metrics.
Their comprehensive suite of offerings includes RIS, PACS, Artificial Intelligence, and e-health solutions, ensuring a seamless end-to-end experience in healthcare imaging. With offices in Melbourne, Berlin, and San Diego, Pro Medicus is strategically positioned to serve a diverse clientele.
Pro Medicus believes in the pivotal role of supportive, stable products and services in managing imaging centers and small to medium-sized hospitals. Their solutions prioritize easy access to data, smooth system operation, and efficient communication with referring physicians. Key features include multi-site scalability, productivity tools for radiologists and clinicians, workflow tracking, and real-time reporting on business metrics.
Their flagship products include Visage RIS, Visage RIS/PACS, Visage 7, Visage Ease Pro, and Visage Ease. Visage RIS offers a comprehensive suite of functionalities, including patient registration, billing, scheduling, HL7 integration, financial reporting, digital dictation, and voice recognition integration. Visage 7, on the other hand, provides clinicians with advanced visualization capabilities for 2-D, 3-D, and 4-D medical images, serving as a PACS/digital imaging software solution sold directly and to original equipment manufacturers (OEMs). Pro Medicus also offers a range of professional services, including training, installation, and support, ensuring optimal utilization of their solutions..
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Ansell Limited (ANN)
Ansell Limited, headquartered in Australia, specializes in safety solutions and serves as an integrated manufacturer of personal protection equipment for both healthcare and industrial environments. The company is dedicated to designing, developing, and producing a diverse array of hand, arm, and body protection solutions, as well as clothing.
The Company operates through two segments: Healthcare Global Business Unit (GBU), and Industrial GBU.
The Healthcare GBU segment consists of surgical and examination gloves, healthcare safety devices and active infection prevention products for healthcare professionals and patients and single use industrial application gloves. The Industrial GBU segment comprises multi-use hand and body protection solutions for industrial worker environments and specialty applications.
The Company operates through two segments: Healthcare Global Business Unit (GBU), and Industrial GBU.
The Healthcare GBU segment consists of surgical and examination gloves, healthcare safety devices and active infection prevention products for healthcare professionals and patients and single use industrial application gloves. The Industrial GBU segment comprises multi-use hand and body protection solutions for industrial worker environments and specialty applications.
It provides protection solutions to approximately 25 specific industries and protects approximately 10 million workers each day. It serves various sectors including automotive, chemical, energy, healthcare, and others. At Ansell, it's not merely about supplying personal protective equipment (PPE); they strive to become indispensable partners in their customers' safety endeavors. With local assistance and a vast global presence comprising over 800 sales professionals, Ansell is committed to pinpointing risk areas, streamlining complexities, and improving worker satisfaction.
Manufacturing is an important pillar of sustainability for Ansell. They operate 15 manufacturing facilities worldwide: Their 3 largest are in Malaysia, Sri Lanka and Thailand, and they also have smaller plants in Brazil, China, Lithuania, Portugal and Vietnam.
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BHP Group (BHP)
BHP, headquartered in Melbourne, Australia, stands as the world's largest diversified mining company by market capitalization. Established in 1851, it now boasts a workforce exceeding 30,000 full-time employees. With primary operations in Australia and the Americas,
BHP specializes in extracting and processing minerals, oil, and gas. Their strategic focus remains on iron ore and high-quality metallurgical coal, which is favored by their steelmaking clients, copper which is mostly used for electrification, nickel used for electric vehicles, and potash is used by their clients for food production. Additionally, BHP is a significant uranium producer and, following the acquisition of OZ Minerals in May 2023, is poised to become a major player in gold production as well.
Population growth, rising global living standards and decarbonisation of the global energy system all mean the demand for many metals and minerals BHP produces is anticipated to grow.
BHP have the world’s largest copper mineral resources and the world’s second-largest nickel sulphide resources.(on a contained metal basis). The Jansen Stage 1 Potash Project in Canada, which is creating a new growth front for the company in potash, remains ahead of plan, and studies for Stage 2 are progressing.
FY2023 also saw us continue to progress our strategy to increase our copper and nickel prospects globally. These interests include Kabanga Nickel in Tanzania, Oak Dam in Australia, and Ocelot in the United States. It also encompassed projects in Serbia and Peru, the Filo del Sol project in Argentina and Chile and, of course, the acquisition of OZ Minerals. Bringing together the copper assets from OZ Minerals with OIympic Dam will create a Tier 1 copper province in South Australia. The acquisition of OZ Minerals also brings potential for further copper and nickel growth in both the near and long term.
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