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India

Barloworld Ltd (BWL.NM)

BWL.NM on Namibian Stock Exchange

5,600.00ZAc
23 Sep 2020
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Latest Key Developments (Source: Significant Developments)

Barloworld Updates On Acquisition Of Tongaat Hulett Starch
Tuesday, 22 Sep 2020 

Sept 22 (Reuters) - Barloworld Ltd ::JSE: BAW - BAWP - UPDATE ON THE ACQUISITION OF TONGAAT HULETT STARCH AND FURTHER CAUTIONARY ANNOUNCEMENT.BARLOWORLD LTD - DISPUTE ON MAC HAS BEEN REFERRED TO ROTHSCHILD AND CO SOUTH AFRICA PROPRIETARY LIMITED ("INDEPENDENT EXPERT") FOR A DETERMINATION..BARLOWORLD LTD - AN ANNOUNCEMENT WILL BE RELEASED ON SENS LATER TODAY ADVISING BARLOWORLD SHAREHOLDERS OF INDEPENDENT EXPERT'S DETERMINATION..  Full Article

Tongaat Hulett Says It Remains Of View That MAC Has Not Occurred On Sale Of Starch Business
Monday, 6 Jul 2020 

July 6 (Reuters) - Tongaat Hulett Ltd ::ON DISPOSAL OF STARCH BUSINESS, THL REMAINS FIRMLY OF VIEW THAT A MAC HAS NOT OCCURRED.MATTER OF MAC IS BEING REFERRED TO AN INDEPENDENT THIRD PARTY FOR DETERMINATION.  Full Article

SA's Competition Tribunal Approves KKL/Tongaat Hulett Unit Deal
Monday, 6 Jul 2020 

July 6 (Reuters) - SA'S Competition Tribunal::APPROVED UNCONDITIONALLY DEAL WHERE KLL GROUP TO BUY STARCH, GLUCOSE AND ANIMAL FEED INGREDIENTS BUSINESS OF TONGAAT HULETT.  Full Article

Barloworld Says HY HEPS Of 268.4 Cents
Tuesday, 30 Jun 2020 

June 30 (Reuters) - Barloworld Ltd ::PRELIMINARY RESULTS FOR THE SIX MONTHS ENDED 31 MARCH 2020.HY REVENUE R25.2BN DOWN 12.2%.HY REVENUE R25.2BN DOWN 12.2%.HY HEADLINE EARNINGS PER SHARE OF 268.4 CENTS (1H'19: 476.0 CENTS).HY BASIC LOSS PER SHARE OF 729.7 CENTS.HY GROUP NORMALISED HEADLINE EARNINGS PER SHARE OF 354.0 CENTS.EXPECTS AVERAGE CONSUMER TO REMAIN UNDER PRESSURE, WHILE TRADING ENVIRONMENT WILL BE IMPACTED BY LOWER OUTLOOK FOR RECOVERY AND GROWTH.HY GROUP NORMALISED HEADLINE EARNINGS PER SHARE OF 354.0 CENTS.AT END OF 31 MARCH 2020, GROUP'S GEARING LEVELS REMAINED LOW.OUR FINANCIAL POSITION WAS WELL WITHIN OUR COVENANTS.NOT TO DECLARE A DIVIDEND PAYMENT FOR SIX MONTHS ENDED 31 MARCH 2020.AUTOMOTIVE AND LOGISTICS DIVISION'S PERFORMANCE IS EXPECTED TO BE SIGNIFICANTLY BELOW 2019 IN SHORT TERM.IN APPROXIMATELY 20% - 25% GROUP HEADCOUNT REDUCTION WITH AUTOMOTIVE AND LOGISTICS, IN PARTICULAR CAR RENTAL MOSTLY AFFECTED.TRADING IN EQUIPMENT BUSINESSES WILL BE AFFECTED BY A VARIETY OF FACTORS.ENVIRONMENT IN RUSSIA EXPECTED TO CONTINUE ON ITS CURRENT TRAJECTORY WITH MINING SECTOR AND COMMODITY OUTLOOK EXPECTED TO REMAIN STABLE.  Full Article

Barloworld Says Silchester International Now Holds 10.09% Of Shares In Co
Tuesday, 27 Aug 2019 

Aug 27 (Reuters) - Barloworld Ltd ::JSE: BAW - BAWP - ACQUISITION OF SECURITIES BY SILCHESTER INTERNATIONAL INVESTORS LLP.BARLOWORLD - SHARES OF CO HELD BY SILCHESTER INTERNATIONAL INVESTORS LLP NOW AMOUNTS TO 10.09% OF TOTAL ISSUED ORDINARY SHARES OF COMPANY.  Full Article

Barloworld Says HY Normalised Headline Earnings Per Share Up 14.1%
Monday, 20 May 2019 

May 20 (Reuters) - Barloworld Ltd ::INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 MARCH 2019.HY NORMALISED HEADLINE EARNINGS PER SHARE AT 521.4 CENTS UP 14.1%.STRATEGY IMPLEMENTATION WELL ON TRACK.INTERIM DIVIDEND PER SHARE OF 165 CENTS UP 13.8% (1H'18: 145 CENTS).REVENUE FOR FIRST SIX MONTHS WAS DOWN BY 1.6% TO R30.4 BILLION (1H'18: R30.9 BILLION).ORDER BOOK AT MARCH 2019 OF US$83.4 MILLION IMPROVED ON SEPTEMBER 2018 BOOK OF US$44 MILLION.SOUTH AFRICAN CONSUMER REMAINS UNDER PRESSURE WITH INDUSTRY OUTLOOK NEGATIVELY IMPACTED BY DECLINING PROSPECTS.ANTICIPATED THAT NEW VEHICLE SALES WILL REMAIN CHALLENGING IN SECOND HALF.LOGISTICS IS EXPECTING A STRONGER SECOND HALF PERFORMANCE FOLLOWING CLOSURE OF LOSS MAKING KLL BUSINESS.INDUSTRY RENTAL DAYS ARE EXPECTED TO REMAIN SUBDUED IN CAR RENTAL.AVIS FLEET BUSINESS IS FORECAST TO SHOW SOME FINANCE FLEET GROWTH IN CORPORATE SEGMENT IN COMING MONTHS.DIVISIONAL TURNAROUND PROJECT, REGARDING LOGISTICS, CONTINUES TO BE A PRIORITY FOR MANAGEMENT.TIMING OF DE-FLEETING OF CITY OF JOHANNESBURG CONTRACT VEHICLES REMAINS UNCERTAIN WHICH COULD IMPACT PROFITABILITY IN H2 IN AVIS FLEET.DESPITE CHALLENGING TRADING CONDITIONS WE EXPECT TO IMPROVE ROIC CLOSER TO 13% HURDLE RATE BY YEAR END.IN LINE WITH CYCLICAL & HISTORICAL TRENDS, EXPECT A HIGHER LEVEL OF WORKING CAPITAL TO BE RELEASED INTO CASH IN SECOND HALF OF YEAR.HEPS FROM CONTINUING OPERATIONS FOR SIX MONTHS ENDED 31 MARCH 2019 OF 476.0 CENTS, WAS UP 4.1% OVER 457.1 CENTS.  Full Article

Barloworld's Keith Rankin, CEO Of Automotive, To Resign
Wednesday, 27 Feb 2019 

Feb 27 (Reuters) - Barloworld Ltd ::(OFFICIAL)-BARLOWORLD-CHARL GROENEWALD CURRENT EXECUTIVE HEAD FOR CUSTOMER FULFILMENT SERVICES (NOT 'CFO FOR EQUIPMENT') WILL JOIN AS DIVISIONAL CEO FOR BARLOWORLD LOGISTIC AFRICA.KEITH IS LEAVING TO JOIN ONE OF COMPANY'S KEY PRINCIPALS OFFSHORE.KEITH RANKIN, CHIEF EXECUTIVE OFFICER OF AUTOMOTIVE, HAS RESIGNED WITH EFFECT FROM 31 MAY 2019.  Full Article

Barloworld Says Had Positive Start In Q1 2019 Financial Year
Thursday, 14 Feb 2019 

Feb 14 (Reuters) - Barloworld Ltd ::OPERATIONAL TRADING UPDATE.GROUP HAD A POSITIVE START IN Q1 2019 FINANCIAL YEAR DESPITE CHALLENGING TRADING CONDITIONS IN SOUTHERN AFRICAN OPERATIONS.GROUP WORKING CAPITAL AND RELATED NET DEBT LEVELS INCREASED IN Q1 BUT EXPECTING TO REDUCE THESE LEVELS OVER BALANCE OF 2019 FINANCIAL YEAR.Q1 ACTIVITY LEVELS IN EQUIPMENT SOUTHERN AFRICA WELL UP ON LAST YEAR DUE TO DELIVERY OF BALANCE OF MACHINE PACKAGE DEAL INTO MOZAMBIQUE.EQUIPMENT RUSSIA'S Q1 OPERATING PERFORMANCE EXCEEDED CO'S EXPECTATIONS AND IS ONLY MARGINALLY DOWN ON PRIOR YEAR.  Full Article

Barloworld Says Funke Ighodaro Resigned As CFO Designate, Executive Director
Wednesday, 6 Feb 2019 

Feb 6 (Reuters) - Barloworld Ltd ::JSE: BAW - BAWP - CHANGE TO THE BOARD OF DIRECTORS.BARLOWORLD LTD - FUNKE IGHODARO HAS TENDERED HER RESIGNATION AS CFO DESIGNATE AND EXECUTIVE DIRECTOR.BARLOWORLD LTD - DON WILSON WILL CONTINUE IN HIS CURRENT ROLE UNTIL FURTHER NOTICE.  Full Article

Barloworld To Issue 6.6 Mln Shares To Barloworld Empowerment Foundation
Monday, 19 Nov 2018 

Nov 19 (Reuters) - Barloworld Ltd ::PROPOSED BROAD-BASED BLACK ECONOMIC EMPOWERMENT.PROPOSED B-BBEE TRANSACTION INCLUDES B-BBEE OWNERSHIP OF 14 PCT, WHILE LIMITING DILUTION TO SHAREHOLDERS.DEAL INCLUDES SPECIFIC ISSUE OF 6.6 MILLION SHARES OF R0.05 EACH TO BARLOWORLD EMPOWERMENT FOUNDATION.DEAL ALSO INCLUDES SALE OF SOME IMMOVABLE PROPERTIES TO PROPCO FOR A CONSIDERATION OF R2.722 BILLION.  Full Article

S.Africa's Barloworld sees drop in H1 earnings as pandemic hits demand

JOHANNESBURG, June 30 South Africa's Barloworld Ltd, said on Tuesday its interim earnings would fall by 32%, weighed down by constrained consumer demand and the impact of the coronavirus pandemic across its markets.

No consensus analysis data available.