Clive Thomson, CE of Barloworld, said:

“The group delivered a solid performance for the year with operating profits up 16% and headline earnings per share from continuing operations up 10%. >> read more
 

Salient features

Revenue
Up 4% to
R62.1 billion
 
Operating profit
Up 16% to
R3 830 million
Basic earnings per share increased
33% to
1 012 cents
 
Headline earnings per share from continuing operations
up 10% to
857 cents
Total dividend per share increased
10% to
320 cents
 
Australian motor retail operations disposal
for R1.3 billion
     

About Barloworld

Barloworld is a distributor of leading international brands providing integrated rental, fleet management, product support and logistics solutions. The core divisions of the group comprise Equipment and Handling (earthmoving, power systems, materials handling and agriculture), Automotive and Logistics (car rental, motor retail, fleet services, used vehicles and disposal solutions, logistics management and supply chain optimisation). We offer flexible, value adding, integrated business solutions to our customers backed by leading global brands. The brands we represent on behalf of our principals include Caterpillar, Hyster, Avis, Audi, BMW, Ford, General Motors, Jaguar Land Rover, Mazda, Mercedes-Benz, Toyota, Volkswagen, Massey Ferguson and others.

Barloworld has a proven track record of long-term relationships with global principals and customers. We have an ability to develop and grow businesses in multiple geographies including challenging territories with high growth prospects. One of our core competencies is an ability to leverage systems and best practices across our chosen business segments. As an organisation we are committed to sustainable development and playing a leading role in empowerment and transformation. The company was founded in 1902 and currently has operations in 24 countries around the world with 75% of just over 19 600 employees in South Africa.

 

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