Favourable results | Infrastructure news

Following adverse results in the first half of the financial year, because of labour action during September and October 2012,  Imperial Logistics South Africa has seen revenue growth of 12,4% and operating profit growth of 21,4% for the second half ending 30 June 2013.

Cobus Rossouw, Chief Integration Officer, Imperial Logistics,  says, “We simplified our South African business through consolidation of core expertise; thus leveraging scale, synergies and best-practice across businesses to further improve our service offerings to our clients.”

“Then we also cemented our position to improve our clients’ competitiveness through customising our experience in outsourced value chain management.

“Plus we also gained new contracts, many of which are with leading multi-nationals across the industry spectrum, as well as expanding operations with various African businesses.”

Imperial Logistics International remains well positioned in the European logistics industry and despite the economic crisis in Europe, the division’s prospects are positive.

“We are also very excited about drawing on the expertise from our European Division in the South African domestic automotive supply industry, where we have been awarded our first major contract.  Other opportunities to leverage our European multi-modal logistics management capabilities will be leveraged as part of our new partnership with Transnet Freight Rail.”

Looking at results from both divisions, Imperial increased its revenue to R34 billion for the financial year ending 30 June 2013, achieving 21% growth.  The European and African Divisions contributed almost equally, with revenue from African countries outside South Africa contributing almost 15% to total revenue.

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