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Fri 13 Jun 2025
Close: 10 966c 
Day's move: 106c (0.98%)
Volume: 172 622
Trades: 676
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Revenue for the period lowered to R18.1 billion (2024: R19.2 billion) while operating profit from core trading activities decreased to R1.6 billion (2024: R1.9 billion). Profit for the year attributable to owners went down to R751 million (2024: R950 million). In addition, headline earnings per share were reported lower at 423.2 cps (2024: 532.2 cps).
Dividend declaration
Notice was given that interim dividend number 191 of 120 cents per ordinary share in respect of the six months ended 31 March 2025 has been declared.
Company outlook
Despite the volatile macroeconomic environment, we remain steadfast in leveraging the strategic levers that are within our control. We do this through the disciplined execution of our strategy, which is firmly grounded in the principles of the Barloworld Business Systems.
Since the end of the first quarter, financial markets and commodities have experienced considerable volatility, rapidly reacting to developments regarding United States (US) tariffs and associated uncertainties.
In such an unpredictable environment, effective risk management and scenario planning are crucial, especially for complex supply chains as well as the fragile geopolitical state of affairs.
Several major South African mining corporations have reported that, despite prevailing market turbulence, primary commodity trade routes remain largely unaffected due to the exclusion of platinum group metals (PGMs), coal, gold, manganese and chrome from tariff implications.
We continue to assess the potential impact of tariffs on our iron ore, steel, and diamond customers.
It is anticipated that there may be some reorientation and dislocation of physical trade flows in the near future, which could present both opportunities and challenges for our customers.
The potential consequences of slower economic growth and a fragmented trading environment may be more significant. The future effects of tariffs on our business remains uncertain, and we are mapping out the medium- to long-term ramifications for our business.
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Closing price data source: JSE Ltd. All other statistics calculated by ProfileData. |
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