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27 June 2003 SA's Top 20 Companies 12 DELTA ELECTRICAL Total score: 52,9 Historic score: 30 FM's score: 68 Chances are you have plenty of Delta's main product in your home. It produces electrolytic manganese dioxide, one of the key ingredients in the production of batteries, and controls 20% of the global market. With that market growing at around 5%/year, the company, which is generating cash strongly, launched an expansion project at its Nelspruit plant. The one fear for SA investors is that its parent, the UK-based Delta group, will try to buy out minority shareholders.

SA's TOP 20 COMPANIES Impala Platinum Sasol Pick 'n Pay Abil Anglo Platinum MTN Group Harmony gold Sappi Energy Africa Mr Price Reunert Delta Electrical Afrox Health Chemserve BHP Billiton Trans Hex Ceramic Industries Oceana Altech ABI Delta Electrical: it's everywhere

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