In a tough trading environment Corobrik, the national brickmaker that is now 111 years old, has completed its 2012/2013 financial year with a strong showing.

 

In a tough trading environment Corobrik, the national brickmaker that is now 111 years old, has completed its 2012/2013 financial year with a strong showing.
Dirk Meyer, managing director of Corobrik, says: “The operational strategies revolve around enhancing the Corobrik value proposition. We drive improvements continuously in the business in all three dimensions of sustainability – economic, social and environmental.

“In addition, we need to pay tribute to the commitment of the Corobrik management and staff, who are all shareholders in Corobrik. Their dedication and commitment to action plans around Corobrik’s key operational strategies has contributed to this year’s successes.”

Although the construction industry has remained static for the past three years, Corobrik remains resilient. “In 2007 the company invested R500 million to streamline its manufacturing operations and implement energy-efficient and environmentally responsible operating systems,” continues Meyer. “Staff training and development was also a priority.”

The development of new products, which allowed Corobrik to enter the low-cost and affordable housing markets previously dominated by cement-based products, has added to the successes. During the current financial year the market shares in these sectors have grown.

During 2012/2013 Corobrik got the balance right in a challenging market. The base of the business is solid with all the fundamentals around production, sales, logistics and the environment in place to forge ahead. “Our diverse product offering has been aligned with the needs of all the market segments that Corobrik has targeted to entrench its customer base and grow.

“We start our new financial year upbeat about prospects and will be using the upcoming Corobrik Business Conference to re-dedicate ourselves to the long-term sustainability of the business and the realisation of shareholder value,” Meyer concludes.

Corobrik                                                                                                                   

Tel: 031 560-3111
Email: intmktg@corobrik.co.za