Our performance
Imperial Logistics Limited (Imperial Logistics or group) is mainly an African and Eurozone logistics provider of outsourced integrated value-add logistics, supply chain management and route-to-market solutions – customised to ensure the relevance and competitiveness of our clients. The group is listed on the JSE in South Africa and employs approximately 30 000 people in 38 countries. Ranked among the top 25 global logistics providers, Imperial Logistics has established capabilities in transportation, warehousing, distribution and synchronisation management and expanding capabilities in international freight management, and operates in specific industry verticals – consumer packaged goods, specialised manufacturing and mining, chemicals and energy, healthcare, automotive, machinery and equipment and agriculture.
Investment case
With its strong regional growth platforms, specialist capabilities customised to serve multinational clients in attractive industries, and "asset-right" business model, Imperial Logistics is expected to deliver sustainable revenue growth, enhanced profitability and returns and a dividend of approximately 45% of HEPS. Improvements in asset mix and cash flow, and plans to achieve targeted returns on capital in excess of weighted average cost of capital, will support this expectation. Imperial Logistics’ key investment highlights include:
- Leading positions in regional markets provide platforms for sustainable growth: market leader in South Africa, a leader in selected industries (consumer packaged goods and pharmaceuticals) in the African countries in which it operates, 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 and 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.