Barloworld Ltd. 2020 IR
The report highlights Barloworld Limited's performance for the fiscal year ended September 30, 2020, amidst the unprecedented challenges of the COVID-19 pandemic. The company implemented decisive cost-saving and austerity measures, achieving R691 million in overhead savings. Strategically, Barloworld progressed its portfolio transformation by completing the acquisitions of Equipment Mongolia and Tongaat Hulett Starch (rebranded as Ingrain). Despite a 17% decline in group revenue to R49.7 billion, the company maintained a strong balance sheet with R15.6 billion in funding capacity. Additionally, the company successfully implemented the Khula Sizwe B-BBEE property transaction, transferring 57 properties valued at R2.4 billion.
Company: Barloworld Ltd.
Sector: Wholesale & retail
Country: South Africa
Year: 2020
Type: IR
Pages: 228
Barloworld Ltd.
The report highlights Barloworld Limited's performance for the fiscal year ended September 30, 2020, amidst the unprecedented challenges of the COVID-19 pandemic. The company implemented decisive cost-saving and austerity measures, achieving R691 million in overhead savings. Strategically, Barloworld progressed its portfolio transformation by completing the acquisitions of Equipment Mongolia and Tongaat Hulett Starch (rebranded as Ingrain). Despite a 17% decline in group revenue to R49.7 billion, the company maintained a strong balance sheet with R15.6 billion in funding capacity. Additionally, the company successfully implemented the Khula Sizwe B-BBEE property transaction, transferring 57 properties valued at R2.4 billion.
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Document Details
Report Year
2020
Reporting Period
Oct 1, 2019 - Sep 30, 2020
Fiscal Year
2020
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Water Consumption
Women on Board
Women in Management
Workplace Fatalities
Employees