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 (earthmoving equipment and power systems), Automotive (car rental, motor retail, fleet services, used vehicles and disposal solutions) and Logistics (logistics management and supply chain optimisation). We offer flexible, value adding, innovative business solutions to our customers backed by leading global brands. The brands we represent on behalf of our principals include Caterpillar, Avis, Budget, Mercedes-Benz, Toyota, Volkswagen, Audi, BMW, Ford, Mazda, and others.

Detailed commentary

Salient features

Return on equity  
at 11.4% (2017: 10.5%; 2016: 9.3%)
Return on invested capital  
at 12.3% (2017: 11.2%; 2016: 9.4%)
Free cash of  
R3.6 billion generated (2017: R3.4 billion; 2016: R4.3 billion)
Headline earnings per share up  
by 18% to 1 151 cents (2017: 16.0%; 2016: (5.0%))
Total dividend per share of  
462 cents up 18% (2017: 390 cents; 2016: 345 cents)

Detailed Salient features

Chairman and chief executive’s report

Dominic Sewela, CE of Barloworld, said:

The group produced a strong result in the reporting period, despite a difficult trading and economic environment. The solid performance was particularly due to robust earnings growth in Equipment Russia, the turnaround of the Logistics business and the strong associate income from the Bartrac JV in the Katanga region of the DRC. Equipment southern Africa and Automotive performances were satisfactory in a challenging economic cycle.

Full report

Chairman: Dumisa Ntsebeza

Chief executive: Dominic Malentsha Sewela