• Caught in the debt trap?

    Help us help you by taking our second annual Debt survey and you could win R3 000.

  • Rich man, poor man

    Culture change from below is the only way to overcome poverty, says Leopold Scholtz.

  • Tech bubble talk

    After the tech euphoria of 2013, the fast-moving sector has hit a speed bump.

Data provided by McGregor BFA
All data is delayed
Loading...
See More

Barloworld boosts profit, dividend

Nov 14 2011 07:56 Reuters

Company Data

BARLOWORLD LIMITED [JSE:BAW]

Last traded 115.08
Change 0.13
% Change 0.00
Cumulative volume 367118
Market cap 26.60bn

Last Updated: 24/04/2014 at 04:27. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

Barloworld forecasts earnings jump

Profit lag drags down Barloworld

Barloworld earnings rise 255%

Barloworld gets numbers boost

Barloworld reports 39% profit drop

Barloworld drops Scandinavian car rental firm

 

Johannesburg - Industrial group Barloworld reported a 120% rise in full-year profit on Monday, lifted by booming demand for heavy duty equipment in the mining industry.

Barloworld, which leases and sells autos and earth-moving equipments, said headline earnings per share from continuing operations totalled 465 cents in the year to end-September compared with 212c a year earlier.

The company has been squeezed as construction boom from the 2010 Soccer World Cup ended, but a recovery in new auto sales and an upswing in spending by miners have helped it mount a recovery.

Sales were up 22% to R49.8bn, helping it boost annual dividend by 107% to 155c per share.

Shares in the company are up about 4% so far this year, compared with a flat JSE All Share [JSE:J203] index.

 
barloworld

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're Talking About: Small Business

Standard Bank is looking for 12 entrepreneurs to participate in a 10-part TV series. They could win a R1m investment into their dream.
 
 

Nkandla: Zuma 'still looking for undue benefit'

President Jacob Zuma has told supporters at an election rally in Mpumalanga that he had not wrongfully benefited from the upgrade to his Nkandla home.

 
 

Latest elections multimedia

Watch what happened when we blindfolded Helen Zille and asked her to eat random things
13 days to elections - news you need to know
11 Julius Malema quotes you'll never forget
DA won't get 30% - Zille

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...