Washington H. Soul Pattinson & Company (ASX:SOL) Presentation, CEO Sessions Sydney

Company Presentations

by Carolyn Herbert

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Last Updated: 19/02/2020 12:57 PM

Washington H Soul Pattinson was founded as a pharmacy in 1872 and just a few years later the rapidly expanding pharmacy moved to Pitt Street which continues to operate as a Soul Pattinson chemist. 
 
The company was listed in 1903 and is the second oldest listed company on the ASX.  It has never failed to pay a dividend, including through the great depression, two world wars and the GFC. It has also never required the raising of further capital.
 
In the second half of the 20th century WHSP expanded into a variety of investments and became a diversified investment house. 
 
Today pharmaceutical interests represent just 5 per cent of our portfolio. The current market capitalisation of the company is over $3.8 billion which makes us one of Australia's top 100 listed companies. 

Carolyn Herbert

Finance News Network
Carolyn joined FNN in August 2015 as the Head of News and also presented the Market at Midday and the Market Wrap. With more than five years of broadcast journalism experience, Carolyn has worked as a finance anchor on the Sky News Business channel and as an anchor and reporter for ABC News. She is also a qualified corporate lawyer specialising in IPOs, takeovers and mergers and acquisitions.