IMPERIAL ANNUAL REPORT 2017

How we allocate capital

The group strives to create long-term value for stakeholders though strategic clarity, financial discipline, operational excellence and strictly defined capital allocation principles.

We will release capital and sharpen executive focus, by disposing of non-core, strategically misaligned, underperforming or low return on effort assets.

We will invest capital in South Africa to maintain the quality of our assets and our market leadership in our logistics and motor vehicles businesses.

We will invest capital in the African Regions primarily to achieve our 2020 objective for the revenue and profits generated in that region to equal that of our South African logistics business, and secondarily to expand our vehicles and related businesses in the region.

We will invest the cash generated from operations and divestments to grow our businesses beyond the continent, but with an emphasis on logistics.

The development and sustainability of Imperial will be underpinned by our investment in human capital and information systems.

 

The big picture

RECORD REVENUE
1% to
R119,5 billion
(43% foreign)
RECORD OPERATING PROFIT
2% to
R6,5 billion
(37% foreign)
HEPS
10% to
1 390 cents
PER SHARE
EPS
14% to
1 339 cents
PER SHARE
CORE EPS
5% to
1 626 cents
PER SHARE
CASH GENERATED BY OPERATIONS
11% to
R9,1 billion
 

 

Business activities

Imperial Logistics

Customised outsourced logistics solutions that ensure the relevance and competitiveness of its clients in the industry verticals and geographies in which it operates.
Value-add logistics

Evolves from point services to the integrated management of transportation, warehousing and delivery operations on behalf of clients – thus acting as the lead logistics provider managing multiple supply chain functions.

Warehousing management
Transportation management
International freight management
Distribution management
Value-add logistics solutions (lead logistics provider)
Supply chain management

Integrates clients’ logistics functions into their end-to-end supply chain to reduce their time-to-market, improve their customer service and mitigate risk.

Supply chain advisory
Supply chain technology
Managed services
Contract manufacturing
Contract logistics
Supply chain management solutions
Routes-to-market

Provides access to end-consumers through taking ownership of product inventory and provides integrated logistics and sales services.

Demand activation
Merchandising
Sourcing and Procurement
Wholesaling
Distributorships
Route-to-market solutions

 

Business activities

Imperial Logistics

Importer, distributor, rental and retailer of vehicles and related products and services focused on creating value for customers across the vehicle value chain.
Distribution network

Distributor and retailer of vehicles and related products and services in Southern Africa and selected international markets.

Vehicle and parts import
Vehicle dealerships – independent and owned
Distributorships in African countries
Part distribution – resellers/ specialised workshops
Car rental outlets (Europcar and Tempest)
Products and services

Provides services across all segments of the vehicle value chain for a range of the world’s most respected vehicle brands, with an integrated offering that includes motor related financial products and services.

Passenger and commercial vehicles
Aftermarket parts, servicing and repairs
Car rental
Service and warranty plans
Fleet management services/VAPS
Roadside assistance
Value-added products

 

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