Barloworld reports 8% increase in FY HEPS to 926c

Industrial equipment distributor, fleet management and logistics solutions group Barloworld on Monday reported an 8% increase in full-year headline earnings per share (HEPS) to 926c.

16 Nov 2015

Barloworld reports 8% increase in FY HEPS to 926c

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Revenue for the year ended September 30 2015 increased by 1% to R62.7bn, while the company declared a final dividend of 230c per share, bringing the full-year dividend to 345c, an 8% increase on the previous year.

Barloworld CE Clive Thomson said the group's geographic diversity had contributed to a "resilient overall performance".

On its outlook, Barloworld said: "While trading conditions remain challenging in certain of our businesses, we are taking appropriate strategic and operational steps which will position the group to make solid progress in the year ahead."

Source: BDpro

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