Ryan Stokes out-works, out-earns rivals to take SGH to new highs
- by Admin
- December 4, 2024
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Ryan Stokes celebrates his 10th year in charge of SGH Ltd – known as Seven Group until a fortnight ago – this financial year.
In the first nine, he added cement maker Boral, sold WesTrac China to buy more of Australia’s Coates Hire and turned some fiddly small caps into a proper energy play. He got more out of SGH’s core WesTrac heavy equipment business than other investors thought possible and made SGH’s media interests, which include a 40 per cent stake in Seven West Media, almost immaterial to group earnings.
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