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 and power systems), automotive (car rental, fleet services and motor trading), materials handling (forklift truck distribution and fleet management) and logistics (logistics and supply chain management).
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, Budget, Mercedes, Chrysler, BMW, General Motors, Ford, Toyota, Volkswagen, Audi, Nissan, Subaru, Renault, Volvo and others.
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HIGHLIGHTS
- Revenue from continuing operations
up 23%to R43 238 million
- Trading profit up 33%
- Operating profit from continuing operations up 24% to R2 741 million
- HEPS – from continuing operations up 13%
– from continuing operations (excluding STC
on special dividend) up 21%
- Strategic actions completed ahead of schedule
- Significant shareholder value unlocked
– Special dividend of R1 billion (R5 per share)
paid
– R19,3 billion distribution of PPC shares to
shareholders
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