A significant mover of goods, with established infrastructure and networks in 38 countries on five continents, operated by approximately 30 000 employees.

Key investment highlights

  • Leading positions in regional markets provide platforms for sustainable growth: market leader in South Africa, a leader in selected industries (consumer packaged goods (CPG) and healthcare) in the African Regions and in certain specialised capabilities in Europe.
  • Competitive differentiation centred on agility and customisation: specialised capabilities across the value chain enable customised and integrated solutions, with service offerings and operating models tailored to client requirements and market maturity.
  • Trusted partner to multinational clients: quality contract portfolio in high-growth and defensive industries, with partnerships demonstrating reach, capabilities, assets, innovation and legitimacy.
  • Asset right business model underpins financial profile: more optimal asset mix and targeted returns on capital support prospects for sustainable revenue growth, enhanced profitability and cash generation.
 
  • Vision to unlock benefits of “One Imperial Logistics”: strategy focused on sustainable revenue growth, enhanced returns and improved competitiveness, with initiatives to drive substantial organic growth enabled by a differentiated approach to digitalisation and innovation, and enhanced financial flexibility supporting selective acquisitive growth.
  • Track record for consistent growth: proven ability to acquire, develop and leverage specialist capabilities to establish growth platforms in emerging and advanced markets.
  • Strong and committed leadership: highly experienced, long-serving management team and a strong independent board.

An integrated outsourced logistics service provider…

South Africa
  
African Regions
  
International
  • Leading end-to-end capabilities to provide outsourced services to extensive client base across verticals
  • Integrated offerings evolving to enhance value
  
  • Leading distributor of pharmaceuticals and CPG in Southern, East and West Africa
  • Managed solutions being expanded across the region
  
  • Asset right transportation management (shipping/road)
  • Leading capabilities in chemical and automotive verticals
  • Specialised express distribution capabilities

…with a diversified presence across Africa and Europe…

Revenue*
R51,4bn

Revenue: R51,4bn

Operating profit*
R2,8bn

Operating profit: R2,8bn
 

Total
ROIC vs WACC
12,2% vs 8,5%

Total
Operating margin
5,6%

ROIC

WACC

Net debt/equity ratio
50%

  • South Africa
  • African Regions
  • International

* Excludes head office and eliminations. Revenue percentage splits based on external revenue, excluding businesses held for sale.

…offering specialised capabilities and customised solutions…

F2018 revenue split
F2018 revenue split
 

…to multinational clients in attractive industries.

F2018 revenue split
F2018 revenue split

More on Imperial Logistics

 

View Motus
at a glance

Unrivalled scale and scope in South Africa and a growing international presence, representing the most respected global vehicle brands and employing more than 18 300 people.

Key investment highlights

  • Diversified (non-manufacturing) service provider in the automotive sector with a leading position in South Africa and selected international presence in the United Kingdom (UK) and Australia.
  • Unique fully integrated business model across the automotive value chain: Import and Distribution, Retail and Rental, Motor-Related Financial Services, and Aftermarket Parts supplier.
  • Unrivalled scale in South Africa underpins a differentiated value proposition to original equipment manufacturers (OEMs), customers and business partners, providing multiple customer touch points that support resilience and customer loyalty through the entire vehicle ownership cycle.
 
  • Access to annuity income streams, sustainable free cash flow generation with best-in-class earnings and return on invested capital exceeding weighted average cost of capital (WACC), providing a platform for an attractive dividend yield.
  • Defined organic growth trajectory through portfolio optimisation, continuous operational enhancements and innovation, with a selected acquisition growth strategy outside South Africa leveraging best-in-class expertise.
  • Highly experienced management team with deep industry knowledge of regional and global markets, and a proven track record with years of collective experience.

Diversified service provider in the automotive sector…

Vehicle Import and Distribution
  
Vehicle Retail and Rental
  
Aftermarket Parts
  
Motor-Related Financial Services
  • Exclusive RSA importer of Hyundai, Kia, Renault and Mitsubishi
  • Over 80 000 vehicles imported annually
  • Nissan distributorships in four African countries.
  
  • RSA:
    • Represents 23 OEMs through 356 vehicle dealerships including 104 pre-owned, 232 passenger dealerships and 20 commercial vehicle dealerships
    • 118 Europcar and Tempest car rental outlets in SA and 16 in Southern Africa
  • UK 84 commercial and 28 passenger dealerships
  • Australia 30 passenger dealerships.
  
  • Distributor, wholesaler and retailer of accessories and parts for older vehicles through:
    • 35 owned branches
    • 43 retailed owned stores
    • network of 720 franchised outlets comprising of both retail and specialist workshops
  
  • Markets and administers service, maintenance and warranty plans, and other value-added products (over 730 000 clients)
  • Develops and distributes innovative vehicle-related financial products and services through dealer and vehicle finance channels, online and a national call centre
  • Provider of fleet management services
  • Deploys an innovation hub.

…with a unique business model that unlocks all revenue and profit streams for every vehicle sold.

Revenue*
R77,7bn

Revenue: R77,7bn

Operating profit*
R3,6bn

Operating profit: 3,6bn
 

Operating margin
4,6%

Net debt/equity ratio
50%

ROIC vs WACC
13,0% vs 10,4%

  • Vehicle Import and Distribution
  • Vehicle Retail and Rental
  • Motor-Related Financial Services
  • Aftermarket Parts

* Excludes head office and eliminations. Revenue percentage splits based on external revenue, excluding businesses held for sale.

More on Motus

 

View Imperial Logistics
at a glance