Group key features

Revenue*

15%

to R26 360 million

(H1 F2020: R22 955 million)

EBITDA*

2%

to R2 551 million

(H1 F2020: R2 594 million)

Operating profit*

18%

to R1 201 million

(H1 F2020: R1 463 million)

Total HEPS

3%

to 185 cents per share

Total EPS

96%

to 437 cents per share

Continuing core EPS**

39%

to 235 cents per share

*	Excludes the discontinued European shipping business in the current and prior period, and CPG in the prior period.
*	Headline earnings are adjusted by items that are not considered to be of a trading nature to arrive at core EPS. Core EPS is not an IFRS requirement and a reconciliation with EPS and HEPS is included on page 13.

Divisional revenue

December 2020

December 2019

Logistics Africa | Market Access | Logistics International

Divisional operating profit

December 2020

December 2019

Logistics Africa | Market Access | Logistics International

Total group – continuing operations

Revenue*
Rm

Operating profit*
Rm

Headline earnings per share
Cents

Total assets
Rm

*	Excluding businesses held for sale, head office and eliminations.

Strong free cash inflow from continuing operations excluding CPG of

R671 million

(H1 F2020: R54 million outflow)

Continuing free cash conversion of

90%

(H1 F2020: 76%)

Net debt:EBITDA of

1,8x

(H1 F2020: 2,0) well within banking covenants of 3,25x

Interim cash dividend of

83 cents per share declared

Concluded disposal of the European shipping business for proceeds of

R3 440 million