Barloworld

HY Results: Revenue fell 8% to R19.2 bn. EBITDA also fell8% to R2.5 bn but the EBITDA margin was maintained at 12.9%. HEPS from continuing operations were down 8% to 532.2 cents per share with the NAV actually rising 9% to 9111c. The ROIC held steady at 14.3%, above the hurdle rate, and the dividend was up 5% to 210c.
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