Business Day TV spoke to Barloworld CEO Dominic Sewela about the company’s full-year results
23 November 2021 - 08:25
byBusiness Day TV
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Barloworld Automotive & Logistics offices at Centurion in Pretoria. Picture: FREDDY MAVUNDA
Diversified industrial group Barloworld has bounced back during its 2021 financial year.
The group has swung to headline earnings per share of R11.95 from a headline loss per share of R2.86 a year ago. The improvement is as a result of an impressive turnaround at the company’s car rental business, which was hard hit by the fallout from Covid-19.
The balance sheet recovery has allowed Barloworld to reward shareholders, with the company declaring a special dividend of R11.50 per share and an ordinary dividend of R3 per share.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
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WATCH: How Barloworld bounced back in 2021
Business Day TV spoke to Barloworld CEO Dominic Sewela about the company’s full-year results
Diversified industrial group Barloworld has bounced back during its 2021 financial year.
The group has swung to headline earnings per share of R11.95 from a headline loss per share of R2.86 a year ago. The improvement is as a result of an impressive turnaround at the company’s car rental business, which was hard hit by the fallout from Covid-19.
The balance sheet recovery has allowed Barloworld to reward shareholders, with the company declaring a special dividend of R11.50 per share and an ordinary dividend of R3 per share.
Alishia Seckam spoke to Barloworld CEO Dominic Sewela about the company’s prospects.
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