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Barloworld lifts dividend after strong performance in Mongolia

Barloworld lifted its interim dividend 5% to 210 cents a share, notwithstanding an 8% decline in headline earnings per share to 532.2c due to lower mining […]

South africaSouth africanDominic sewelaBarloworld groupEquipment southern africaEquipment eurasiaSouthern africaVostochnaya technicaBarloworld mongolia

Barloworld profit dips as slowdown in local mining industry takes its toll

Barloworld’s South African businesses continued to face a myriad of challenging trading conditions, says CEO Dominic Sewela. Announcing the group’s financial results for the six months ended March 31, Sewela said on Monday that Barloworld’s domestic operations had had to contend with a constrained local macroeconomic environment, inflationary cost pressures, as well as relatively higher borrowing costs affecting both businesses and households.

South africaSouth africanDominic sewelaSouthern africa

Barloworld half-year HEPS declines 8%

Barloworld reported a decline in revenue of 8 per cent for the half-year, to look at how the company plans to move forward from the impact of South Africa's tough economic environment, CNBC Africa spoke to the CEO, Dominic Sewela.

South africaDominic sewelaSouthern africa

Barloworld expects slowdown in mining equipment sales as commodity cycle cools

Barloworld expects slowdown in mining equipment sales as commodity cycle cools
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South africaAndronicca masemolaDominic sewelaConsumer industriesEquipment southern africaEquipment mongolia

Barloworld bolstered by better trading activity

Ups annual dividend by 40 cents, to 500 cents per share.

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