Business Day TV spoke to Barloworld CEO Dominic Sewela about the company’s full-year results
Barloworld Automotive & Logistics offices at Centurion in Pretoria. Picture: FREDDY MAVUNDAThe 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.
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