Beijer Ref Down Under - Premiere Issue

DOWN UNDER PREMIERE ISSUE

GREE

BRISBANE HOME SHOW A FAREWELL TO

STUART SMITH

Inside DOWN UNDER AIRAH 2016

Trade Nights

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BRISBANE HOME SHOW

A FAREWELL TO

STUART SMITH 6 Marketing Update

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AND YES! We sell Gree

EDITOR & CREATIVE DIRECTOR IN CHIEF: DIO ZHAO DESIGNER: DANIEL HUYNH CONTRIBUTORS: CRAIG BICKET, STUART SMITH, VAUGHN STRYDOM

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Beijer Ref Australia Down Under / Issue 1 / May 2016

Meet the People of Beijer Ref Australia

Get Social with Us

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Craig Bicket

General Manager / Beijer Ref Australia

Message from our GM Welcome to the first edition of Beijer Ref Down Under!

Since being appointed General Manager of Beijer Ref Australia I am extremely excited to see the depth of talent across our business and also to be a part of this great team. Talent is the most important attribute of making a successful business and we are in a strong position to take on the next phase of our journey.

Our business will continue to grow over the coming years as we anticipate an aggressive expansion plan to grow our market share. We now have access to world renowned brands such as SCM Frigo, Danfoss, Gree, Frascold and Guntner to mention a few, these brands together with our people give Beijer Ref Australia the platform to become cemented in the top three wholesalers in Australia.

We are now in a strong position to offer our customers a complete solution for all their refrigeration and air conditioning needs, our products, people and our desire to improve will see us all be proud of the business we are building.

I can’t wait to see what the future Beijer Ref Australia will look like!

As we continue the merge process we expect to see many positive changes. One of the many exciting things to come is the first Beijer Ref Australia “Capital Products Catalogue” which is expected to be released at ARBS 2016. Our capital products offering coupled with our ability to manufacture give our company a clear differentiation compared to our competitors.

Beijer Ref Australia Down Under / Issue 1 / May 2016

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Beijer Ref Australia (formally Patton & Realcold) & Gree would like to invite you to participate in ARBS 2016 17 - 19 May, 2016 Visit Beijer at stand 355 & Gree at stand 573 Melbourne Convention & Exhibition Centre

We’re looking forward to seeing you!

Beijer Ref Australia Branches NSW: Albury, Alexandria, Auburn, Campbelltown, Newcastle, Rosehill; QLD: Archerfield, Geebung, Gladstone, Rockhampton, Southport, Toowoomba, Townsville; SA: Adelaide; VIC: Ballarat, Bendigo, Clayton, Thomastown, West Melbourne; WA: Perth Follow us:

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Beijer Ref Australia Down Under / Issue 1 / May 2016

beijerref.com.au

AIRAH 2016

Trade Nights

3rd March at C. ex Coffs, Coffs Harbour

March has been busy for Beijer Ref Australia, we were networking at the AIRAH Trade Night on 3rd March at C. ex Coffs Coffs Harbour and 17th March Wrest Point Casino, Hobart. As the guests enjoyed canapĂŠs, drinks, free give aways and networking, the night highlighted the strength and innovation of the Australian HVAC industry.

17th March Wrest Point Casino, Hobart

You’re invited to Gree New Product Launch

Please join us for the launch of the latest in air conditioning technology from Gree Solar Hybrid Hi Wall Inverter Air Conditioner Wednesday 18th May | 11am - 12pm Clarendon E Leve 2, Melbourne Convention & Exhibition Centre, Melbourne, Australia Light refreshments will be provided.

Beijer Ref Australia Down Under / Issue 1 / May 2016

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From left to right: Paul Barber Business Development Manager QLD Beijer Ref Australia; Matthew Kelly Technical Airconditioning Manager QLD Beijer Ref Australia; Eric Zhang Gree Overseas Sales Division; Craig Bicket General Manager Beijer Ref Australia; John McCarrey National Sales Manager Beijer Ref Australia & Felix Wu Gree Overseas Sales Division.

HOME SHOW Brisbane Home Show provide the perfect platform for the exhibitors to exhibit various products related to renovation, building and interiors like kitchen products, bathroom products, window furnishings etc. To be held in Brisbane, Australia, this event will be covered by the leading newspapers and magazines of the region, and marking the presence of more than 350 exhibitors and sponsors from all over the world, under one roof.

Brisbane Home Show will provide the perfect platform for the new organizations to launch their new products in the market and demonstrate the utility of the product, in the presence of a large number of attendees and prospective buyers. Presence of large number of visitors under one roof, will help the organizations to promote their brand and increase awareness among general public

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Beijer Ref Australia Down Under / Issue 1 / May 2016

Everything you could want to know about renovating, expanding or building is at the Courier Mail Home Show. This is Brisbane’s favourite home show and it’s been coming back year after year.

If you’re stuck in a renovating rut or looking to fix parts of your property after all of the rain you should be at the Home Show.

Think stand after stand filled with displays galore. The beauty of this show is that you don’t have to drag yourself and the kids to shop after shop or spend hours on the internet. It’s right here for you with real people to discuss your needs.

tapware, or ideas on saving electricity, it’s here. Aisle upon aisle of products, pamphlets and samples. You’ll come out loaded up with leaflets and information with a good understanding of the latest trends and products in the market. A lot of exhibitors here also often offer home show discounts - if you buy or sign up to a product during the home show weekend then substantial reductions are offered on price.

The show offers the latest in building and construction products including backyard and swimming pool trends.

Source: http://10times.com/brisbane-home-show

Over 300 leading Queensland suppliers are on hand to give advice and offer tips. The organisers recommend you bring your photos and plans so that you can have real time discussions with suppliers and tradesman about your renovation and installation ideas. If visitors want to ensure they do get time with an expert for more indepth discussions, just go on to the website, choose the specification eg. kitchen and select to “book an expert” to arrange your free 20 minute consultation in advance.

All of the new innovations in kitchens and bathrooms, interiors and exteriors, going green and going tech savvy are on show at the Home Show. Whether you’re looking for the best in new

Beijer Ref Australia Down Under / Issue 1 / May 2016

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A FA R E W E L L TO

STUART SMITH

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Beijer Ref Australia Down Under / Issue 1 / May 2016

Well, the time has arrived and I am about to retire.

For me it is the end of an era and I am about to start a new phase of my life!

I started working in the refrigeration and air conditioning industry in 1971 as a Sales Rep for Bonaire Industries in Dunedin , New Zealand and have worked in the industry since that date.

I first joined Patton in 1977 based in Christchurch, then a two branch company, and apart from a tenyear break have continued to work for Patton ever since. This industry has given me the chance to work in New Zealand, United Kingdom and Australia and this has enabled me to meet some wonderful people and has provided many great experiences.

As we all know, Patton Australia has encountered some major changes in the last twelve months and the merger of the two companies has caused a level of uncertainty and disruption amongst some staff.

I am sure that as the year evolves things will settle down and Beijer Ref will become a major force in the wholesaling industry.

The Refrigeration and Air Conditioning industry is a small industry and I feel proud, that over the past six years, while working for Patton Australia we have

built up an excellent team of people whose dedication and loyalty has helped to expand our Branch footprint, increase sales and have an impact on our competitors.

I am very grateful for that dedication, loyalty and enthusiasm and I trust you will feel as proud as I do with the results achieved.

While I am sorry not to be part of the new venture going forward I wish everyone all the very best for the future and trust that the ongoing transition into the Beijer Ref organisation will be a smooth one.

It will be somewhat of an adjustment for me not having to get up each day and go to work, but I am looking forward to an overseas holiday mid-year to catch up with our children and grandchildren who live in various parts of the world. And I am slightly nervous about the ‘list’ that Moira keeps talking about – maybe going to work might be easier!!!

She doesn’t seem to understand that one of the definitions of retire is ‘stop work’ Don’t forget to give me a call when you decide to have a holiday on the beautiful Sunshine Coast!!

Goodbye and all the best! Stuart.

- STUART SMITH

From left to right: John McCarrey, National Sales Manager Beijer Ref Australia; Stuart Smith & Jason Pearce, Engineering Technical Manager Beijer Ref Australia.

Beijer Ref Australia Down Under / Issue 1 / May 2016

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MEET THE PEOPLE OF BEIJER REF AUSTRALIA

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Beijer Ref Australia Down Under / Issue 1 / May 2016

Hiromi Sato

Matty Kelly

Manufacturing Administrator

Technical Airconditioning Manager

How long have you been with the company? Around 2 years?

How long have you been with the company? I am in my 5th year with the company.

What are your hobbies outside of work? Make up, shopping, more make up, and make up.

Are you married? No, but have been with my partner Bernie for over 8 years.

Do you have kids and how many? 3 little furry babies (dogs).

What football team do you support? None, yes I know I am boring.

What is your favourite dish? I would say Yum Cha. What is your favourite song? “Gift “ By Japanese band called Mr Children.

Where is your ultimate holiday destination? America, Ireland and Turkey.

If you could witness any event of the past, present or future what would it be?

I would love to travel back to Samurai period. I have strong respect for Bushido and Samurai spirit. I would love to learn more from the masters.

If you could have dinner with any 3 people alive or dead who would they be and why? 1. Cillian Murphy the actor, my very favourite person in the world. 2.

My Grandma (I miss her).

What are your hobbies outside of work? Drinking Scotch, playing poker & watching sport.

Are you married? I am Married and have just celebrated my 3rd anniversary.

Do you have kids and how many? I have 1 crazy kid just like his father.

What football team do you support? Newcastle Knights, Chicago BEARS and Real Madrid What is your favourite dish? Vietnamese pork rolls and my wife’s Chicken Xacuti.

What is your favourite song? 93 ‘Till, by souls of mischief.

Where is your ultimate holiday destination? Anywhere without internet or phone service.

If you could have dinner with any 3 people alive or dead who would they be and why? My sons wedding, followed by the 1985 super bowl and then the day it all ends.

If you could have dinner with any 3 people alive or dead who would they be and why? My father, his father and my grandfather.

Cameron Mcpherson

Rachael Phillips

How long have you been with the company? 2 years.

How long have you been with the company? Since December 2013.

What are your hobbies outside of work? My kids, golf, darts, motorbikes, concerts and reading.

What are your hobbies outside of work? Dirtbike riding, sports and fitness, Photography, snowboarding & Army Reserves.

Are you married? NO! but I’m looking, lol!

Are you married? God no!

Do you have kids and how many? Two children, 15 and 17.

Do you have kids and how many? N/A

What football team do you support? Essendon Bombers, Cronulla Sharks, NSW Warratahs.

What football team do you support? Essendon - Bombers

Storeman

What is your favourite dish? Anything seafood except Kina (you can keep that stuff).

What is your favourite song? Angels by Robbie William, it was the last song my best friend and I listened to before she passed away of cancer.

Where is your ultimate holiday destination? Italy, for the food , wine and Ducati’s.

If you could witness any event of the past, present or future what would it be?

Future - the birth of my grandchildren.

If you could have dinner with any 3 people alive or dead who would they be and why? Greg Norman, Mick Doohan and my dad because I ildolised all 3 growing up.

Internal Sales

What is your favourite dish? Atlantic Salmon with mashed sweet potato and broccoli What is your favourite song?

I love most music. Favourite artist is Stick Figure (Reggae Music) Where is your ultimate holiday destination? So many! South America, and Canada.

If you could have dinner with any 3 people alive or dead who would they be and why? The Northern lights – aurora borealis.

If you could have dinner with any 3 people alive or dead who would they be and why? Denzel Washington because he’s my favourite actor, David Attenborough so I can listen to fascinating wildlife facts while I eat and Michael Jordan who is my childhood hero and favourite athlete.

Beijer Ref Australia Down Under / Issue 1 / May 2016

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Zeb Nuula

Internal Sales (ARC) / Archerfiled

Mark Stratton Team Leader Inwards Goods

How long have you been with the company? 2 years.

How long have you been with the company? 8 ½ years.

What are your hobbies outside of work? Play rugby league, and I like long walks on the beach.

What are your hobbies outside of work? Horse Racing, Social Drink, Watching Sport.

Are you married? No, but have been engaged for 3months.

Are you married? No.

Do you have kids and how many?

No kids for now.

Do you have kids and how many? Yes, two.

What football team do you support?

New Zealand Warriors.

What is your favourite dish? K.C Ming.

What is your favourite dish?

Would have to be mums cooking.

What is your favourite song? The song “Peaches”, from The Presidents of United States.

What is your favourite song?

Tupac, Keep ya head up.

Where is your ultimate holiday destination? Hawaii.

Where is your ultimate holiday destination? Bora Bora.

If you could witness any event of the past, present or future what would it be?

The birth of my kids.

If you could witness any event of the past, present or future what would it be?

Flying cars in the future .

If you could have dinner with any 3 people alive or dead who would they be and why? Tupac - Favourite Rapper Kevin Hart – Someone to make me Laugh Jennifer Lopez – Someone to look at ;)

If you could have dinner with any 3 people alive or dead who would they be and why? My sister, I lost her 4 years ago due to cancer. My Dad, because he is my Best Mate. Brad Pitt, He is the Ultimate Actor.

Kevin Mallory Team Leader Outward Goods

Dave Hill Branch Manager Southport

How long have you been with the company.

7 years 8 months.

How long have you been with the company? Nearly 2 years.

What are your hobbies outside of work? Lawn Bowls.

Are you married? No. Do you have kids and how many? Yes. 4 and 7 Grand Children.

What football team do you support?

Eastern Suburbs Sydney (Roosters).

What is your favourite dish? Steak, Chips and Eggs.

What is your favourite song? Thunder struck (ACDC).

Where is your ultimate holiday destination? Grand Canyons.

If you could witness any event of the past, present or future what would it be? Inner Space Travel.

If you could have dinner with any 3 people alive or dead who would they be and why? Artie Beatson. Best Rugby League player ever.

Mum and Dad they won’t be around for ever.

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What football team do you support?

NRL: West Tigers, Warriors.

Beijer Ref Australia Down Under / Issue 1 / May 2016

What are your hobbies outside of work? Rugby coaching.

Are you married? Yes, Tracey, 18 years.

Do you have kids and how many? 2 boys.

What football team do you support? Reds.

What is your favourite dish? Thai.

What is your favourite song? Freaks.

Where is your ultimate holiday destination? Fiji.

If you could witness any event of the past, present or future what would it be?

Jurassic period.

If you could have dinner with any 3 people alive or dead who would they be and why? Albert Einstein, Hansie Cronje and Mick Jagger.

Nicola Knudsen Purchasing officer

Robert Callavaro Customer Services

How long have you been with the company? 10 years last October.

How long have you been with the company? 2 years 6 months.

What are your hobbies outside of work? Bingeing on Netflix and Lunching with Friends

What are your hobbies outside of work? Bike Riding, Playing Soccer.

Are you married? Married, will be 5 years in April. Been together for 12 years in April.

Do you have kids and how many? No kids.

What football team do you support? NRL Broncos.

What is your favourite dish? I love a good Roast Dinner.

What is your favourite song? Too many but anything from Early 90s and I’m on the dance floor.

Where is your ultimate holiday destination? Would love to go to Bora Bora and have a hut in the Ocean.

If you could witness any event of the past, present or future what would it be? I would love to see how the world was before cars were an everyday thing.

If you could have dinner with any 3 people alive or dead who would they be and why? The Royal family, would love to know the ins and outs of their history and secrets.

Are you married? No. Do you have kids and how many? No kids.

What football team do you support? Hawks.

What is your favourite dish? Pasta.

What is your favourite song? Imagine Dragons, Radioactive.

Where is your ultimate holiday destination? Europe.

If you could witness any event of the past, present or future what would it be?

Any World Cup Soccer Final.

If you could have dinner with any 3 people alive or dead who would they be and why?

Luke Hodge, favourite Hawthorn player Lionel Messi, favourite Soccer player LeBron James, favourite Basketball player

Nick Martin Sales and Customer Service How long have you been with Beijer Ref? 3 months.

What are your hobbies outside of work? Learning guitar, playing around with my bikes/cars and riding my pushbike and weights Are you married? No. Do you have kids and how many? Nil What football team do you support? Not a huge football follower but Richmond because of the colours.

What is your favourite dish? I do like a good Green chicken curry and a Roast.

What is your favourite song? Too many favourites as it can depend on the mood.

Where is your ultimate holiday destination? Haven’t been to Eastern Europe yet or get to base camp at Mt. Everest.

If you could witness any event of the past, present or future what would it be? First man on the moon or at least the launch of the rocket that took them there.

If you could have dinner with any 3 people alive or dead who would they be and why? Billy Connelly – for a good laugh Arnold Schwarzenegger – because of his, dedication, Jimmy Page – as a gifted guitarist Beijer Ref Australia Down Under / Issue 1 / May 2016

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BEIJER REF VIC

BEIJER REF SA

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AFL / NRL TIPPING COMPETITION 1st

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BEIJER REF NSW Comp Name: Beijer Ref NSW Password: beijerrefnsw

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Beijer Ref Australia Down Under / Issue 1 / May 2016

3rd

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ACQUISITIONS PROVIDE BEIJER REF WITH A NATIONAL FOOTPRINT. CCN talks exclusively to Beijer Ref general manager, Craig Bicket, about the wholesaler’s local expansion plans following its 2015 acquisitions of Realcold and Patton.

These acquisitions were big news, both companies were well established in the Australian market. And while Beijer Ref may be new to Australia, the company certainly isn’t a new wholesaler.

It is one of the largest refrigeration and HVAC wholesalers in the world. In fact Beijer Ref is only getting bigger.

Its most recent acquisition spree is a significant step forward in the company’s strategy to broaden its presence outside of Europe.

Last year the company finalised its acquisition of Realcold and Patton with Beijer Ref general manager, Craig Bicket, confident the process of rebranding will be completed by the end of 2016.

Like the company, Bicket isn’t new to the HVACR industry in Australia. He is pretty well known after spending nearly two decades with Actrol.

In his last position, Bicket was Actrol’s state manager for Victoria, Northern Territory, Tasmania and South Australia.

So what’s the main focus for Beijer Ref in 2016? According to Bicket, he is busy consolidating operations with the focus on establishing a truly national footprint across Australia.

“We are in the midst of creating one team with an organisational structure that has a strong focus on engineering,” he said.

“There are six application engineers available to customers plus we have manufacturing operations in Brisbane and Sydney. We have the flexibility and adaptability to respond to the needs of customers.”

From left to right: Craig Bicket, General Manager Beijer Ref Australia & Sameer Handa, Managing Director Beijer Ref AustralAsia.

With 81 staff across 20 branches, the company’s presence in Australia is supported by administrative staff in New Zealand.

per cent. During the latest five-year period, operating profit has increased by 12.6 per cent per annum on average.

“Heat exchangers are manufactured in Sydney while refrigeration racks and units are manufactured in Brisbane,” Bicket said.

Beijer Ref aims to further strengthen its position as the leading operator in Europe and to establish itself as a global operator.

The objective is to grow faster than the market.

“The core part of our business is refrigeration. That is one of our differientators in the market.”

Another differentiator is the company’s access to exlusive brands such as Gree airconditioning and Italian firm SCM Frigo.

Its most recent expansion plans have focused on Asia with the acquisition of RNA Engineering & Trading, which has its head office in Kuala Lumpur, Malaysia.

We are in the midst of creating one team with an organisational structure that has a strong focus on engineering It has been an interesting 12 months for Beijer Ref especially when its Patton acquisition was first announced in March 2015.

When the company acquired Patton, Beijer Ref CEO, Per Bertland, said the company was a great fit.

Founded in 1923, Patton has always had a strong local presence before expanding to Thailand and India. Bertland described the Patton buy as a key accquisition.

“Patton is an established company with a long tradition and a strong growth potential in its markets. The company eminently fits our profile,” he said.

Bicket stressed that the Patton product range is very much still alive, along with the SCM Frigo CO2 transcritical chillers.

While Beijer Ref already had a presence in 32 countries, the company’s focus was on strengthening its position in Asia.

From 2005 to 2014, the Beijer Ref Group has reported average annual growth of 19.2

Local appointments announced Beijer Ref Australia general manager, Craig Bicket, has formally announced the appointment of local state managers.

The company’s 2IC and Queensland state manager is John McCarrey and the New South Wales state manager is Ashley Joiner.

Andrew Galliano has been appointed Victorian state manager while Darren Bromley is state manager for South Australia.

Beijer Ref has four joint venture operations in Albury (VIC), Perth (WA), Rockhampton and Gladstone (QLD).

In December, Sameer Handa was appointed managing director of Beijer Ref Australasia.

Handa was Group CEO with Patton for 17 years and under his leadership the company expanded its presence in Australia, the Middle East and South East Asia.

SOURCE:CCN

Beijer Ref Australia Down Under / Issue 1 / May 2016

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Marketing Update NEW Beijer Ref Australia Website Coming Soon

MARCH 2016

MARCH 2016

1800 GREE 4 ME

nge Frascold)

WRF (Wide Ra In Stock Now!

WWW.GREEONLINE.COM

MARCH

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ssors Compre Danfoss In Stock Now! 70 R 103U26

-Series Frascold WRF Frascold Wide Range

Gree Cozy Inverter 2.6kW AC4111 DRED

$515.00+gst

PRESSO U2890 FR6CL COM SSOR 103 COMPRE L2523 Gree Cozy Inverter 3.5kW FR8.5CL SSOR 104 COMPRE .00+gst L2623 SC10CL AC4113 DRED SSOR 104 COMPRE L2853 SC12CL 104 195B0074 SSOR COMPRE 23 L21 SC15CL 104 195B0076 SSOR Gree Cozy Inverter 5.2kW COMPRE 22 L23 SC18CL 104 195B0088 .00+gst SSOR COMPRE 38 AC4115 DRED SC21CL 195B0066 R 102U20 PRESSO L2525 TL4DL COM 195B0640 SSOR 104 COMPRE L2625 SC10DL 195B0166 Gree Cozy Inverter 6.3kW SSOR 104 COMPRE .00+gst L2684 MARCH 2016 SC12DL 104 195B0075 R AC4117 DRED PRESSO 80 SC12D COM 195B0077 R 103G69 PRESSO 00 FR11G COM 195B0082 R 104G85 PRESSO Gree Cozy Inverter 7kW 20 SC15F COM 195B0028 R 104G85 .00+gst PRESSO AC4119 G8820 DRED SC15G COM 104 195B0052 R WWW.GREEONLINE.COM PRESSO 40 SC18G COM 195B0053 R 104G82 PRESSO 40 SC12G COM 195B0059 R 104G81 PRESSO G4452 SC21G COM 102 195B0050 For more information, please contact your local Beijer Ref Australia branch.

R PRESSO 50 B0636 Beijer Ref Australia standard terms & conditions apply. Prices exclude GST. TL4G COM 195 R 102G45 MARCH 2016 Offer valid until 31st March 2016 or while stocks last.

PRESSO 60 TL5G COM 195B0008 R 103G66 PRESSO 80 FR6G COM 195B0011 R 103G67 PRESSO Part No. G6880 FR8.5G COM 103 195B0023 R PRESSO Description FR10G COM 195B0026 ch. ralia bran Instrum r Ref Aust 195B0027

195B0031 195B0038

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Beijer Ref Australia Down Under / Issue 1 / May 2016

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6

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Beijer Ref Australia Down Under / Issue 1 / May 2016

15

Q4 We ended 2015 with a strong fourth quarter, with continued positive development for Toshiba and for the Southern Europe and Africa market regions.

The sales increase for Beijer Ref amounted to 13 per cent, of which four per cent is organic and nine per cent consists of acquisitions. Operating profit increased to SEK 134M – an increase of 16 per cent compared with the corresponding period in 2014 and a figure which means that we make our highest annual profit ever.

Spain strong in Southern Europe Southern Europe is our most important market region and I am pleased that the strong demand in the region is maintained. In the fourth quarter, both Italy and France did well and especially Spain enjoyed a positive development. Africa’s stable development also continues. In the fourth quarter, the Nordic markets were slightly weaker compared with the corresponding quarter in the previous year. Apart from sales in the stronger market in Southern Europe, the positive development for Toshiba’s sales is due to successful product launches. We have the sole right for the distribution of Toshiba’s air-conditioning units and heat pumps in eleven countries in Europe.

Acquisitions in the United Kingdom and Thailand In November, Beijer Ref signed an agreement to acquire the remaining 56 per cent of the shares in the refrigeration wholesale company, HRP Ltd, which has 15 branches in the United Kingdom.

Since its acquisition of Carrier’s refrigeration wholesale operation in Europe and South Africa in 2009, Beijer Ref has owned 44 per cent of HRP. With HRP as a complement to the Group’s existing UK refrigeration wholesalers, Dean & Wood and RW Refrigeration, we consolidate our position in the United Kingdom.

This also strengthens its position in Europe. HRP will be included in Beijer Ref’s accounts in 2016.

Since our acquisition of Patton in spring 2015, we have owned 60 per cent of the shares in the Thai

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Beijer Ref Australia Down Under / Issue 1 / May 2016

Beijer Ref Quarter Report Continued positive development in Southern Europe

company, PattonAero, which manufactures chillers, evaporators and condensers. In December, we acquired the remaining 40 per cent of the shares in the company. With its own manufacturing unit in Asia, this becomes another step forward in the development of Beijer Ref’s OEM activity.

Important steps for eco-friendly refrigeration technology At the end of October, we received its first order for eco-friendly refrigeration systems through its subsidiary, Patton, in New Zealand. The refrigeration installation was manufactured by our Italian company, SCM Frigo, and installed in a leading food chain in New Zealand during the fourth quarter. This first order for eco-friendly refrigeration technology in Oceania is in line with our strategy to be a part of the changeover to eco-friendly refrigeration technology with its own manufacturing and, as a result, to contribute to more eco-friendly refrigeration installations.

During the fourth quarter, were given the opportunity, through our Dutch refrigeration wholesalers, Coolmark and Uniechemie, to participate in a pilot project, initiated by a research team which had developed a new propanebased technology for more energyefficient and eco-friendly refrigeration installations and which had sought to work in collaboration with us.

The concept has been successfully launched in a leading food chain in Europe under the Triple Aqua brand. The interest is increasing and deliveries are also made to other customers.

Beijer Ref’s Board of Directors proposes an increased dividend of SEK 5.25 (5.00). I am pleased with these positive events and a record profit. With a satisfactory fourth quarter and a new strong year for Beijer Ref, I look forward towards a year which is at least as exciting in 2016.

SOURCE: BEIJERREF.COM

THE QUARTER IN BRIEF

13.2% Increase in sales 15.9% Increase in operating profit 6.6% Operating margin sek 84.0M Net profit

AND YES! We sell Gree /greeaustralia

www.greeonline.com

10800 ME 4 GREE

?

WHO IS Ms Dong Mingzhu

Ms. Dong Mingzhu was born in 1954. She has been the Chairman of the board of Gree Group, and President of Gree Electric Appliances, Inc. of Zhuhai since May 2012.

Gree Electric is the world’s largest specialised air conditioner enterprise integrating R&D, manufacturing, marketing and services. Gree’s brand of air conditioner is the only “World Brand” in the Chinese air conditioning industry.

Under the leadership of Dong Mingzhu, Gree’s production volume and sales volume have topped No.1 globally from 2005 with more than 300 million users.

In 2013, Gree achieved sales revenue of RMB120.04 billion (about USD19.7 billion) with net profit of RMB10.87 billion (about USD1.76 billion). Gree is not only the first specialised electrical appliances

enterprise in China with over RMB100 billion of sales revenue, but also the first electrical appliances enterprise in China with over RMB10 billion of net profit and tax payment.

Ms. Dong has been bestowed many accolades. Among them, she was appointed as the Messenger of Sustainable Urban Development by the United Nations in September 2014. She has been voted one of the “World’s 50 Most Powerful Business Women” by Fortune, USA nine times. Ms. Dong was also voted the “Chinese Business Woman of Year 2014 & 2015” by Forbes Asia.

SOURCE: WWW.PWC.COM/GX/EN/CEO-AGENDA/CEOSURVEY/2015/INTERVIEWS/DONG-MINGZHU.HTML

Beijer Ref Australia Down Under / Issue 1 / May 2016

17

Beijer Ref Australia Branch Information

NORTHERN TERRITORY QUEENSLAND WESTERN AUSTRALIA SOUTH AUSTRALIA NEW SOUTH WALES

VICTORIA

TASMANIA

Beijer Ref Australia Head Office 10/88 Dynon Road

Ph: 03 9371 1300

Email: craig.bicket@beijerref.com.au

West Melbourne 3003

Fax: 03 9372 5580

Web: www.beijerref.com.au

QUEENSLAND

NEW SOUTH WALES

VICTORIA

SOUTH AUSTRALIA

WESTERN AUSTRALIA

Beijer Ref Brisbane 4 Parkview Drive Archerfield, QLD 4108 Ph: 07 3255 5933

Beijer Ref Auburn 3 Short Street, Auburn Sydney, NSW 2144 Ph: 02 8756 4000

Beijer Ref West Melbourne 10/88 Dynon Road West Melbourne, VIC 3003 Ph: 03 9371 1300

Beijer Ref Adelaide 80 Orsmond Street Hindmarsh, SA 5007 Ph: 08 8340 4594

Beijer Ref Perth 15 Pearson Way Osborne Park, WA 6017 Ph: 08 9445 2399

Beijer Ref Super Branch Unit 8, 576 Boundary Road Archerfield, QLD 4108 Ph: 07 3373 8080

Beijer Ref Albury 1/826 Hope Court Albury, NSW 2640 Ph: 02 6025 9911

Beijer Ref Thomastown 52 Lucknow Crescent Thomastown, VIC 3074 Ph: 03 9469 5881

Beijer Ref Gladstone 82 Toolooa Street Gladstone, QLD 4680 Ph: 07 4972 3249

Beijer Ref Alexandria 4/37 O’Riordan Street Alexandria, NSW 2015 Ph: 02 9699 6566

Beijer Ref Bendigo 195 Breen Street Bendigo, VIC 3550 Ph: 03 5444 1720

Beijer Ref Brisbane North 11a/229 Robinson Road East Geebung, QLD 4034 Ph: 07 3216 5999

Beijer Ref Campbelltown 2/167 Airds Road Leumeah, NSW 2560 Ph: 02 4627 9661

Beijer Ref Ballarat 824 La Trobe Street Ballarat, VIC 3350 Ph: 03 5336 3733

Beijer Ref Rockhampton 296 Denison Street Rockhampton, QLD 4700 Ph: 07 4927 3648

Beijer Ref Newcastle 22 Newton Street Broadmeadow, NSW 2292 Ph: 02 4952 4222

Beijer Ref Clayton 160 Wellington Road Clayton, VIC 3168 Ph: 03 9562 2666

Beijer Ref Southport 1/121 Olympic Circuit Southport, QLD 4215 Ph: 07 5571 2622 Beijer Ref Toowoomba 10 Aspect Street Toowoomba, QLD 4350 Ph: 07 4632 3922 Beijer Ref Townsville 73 Pilkington Street Garbutt Townsville, QLD 4814 Ph: 07 4408 6300

beijerref.com.au

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