Barloworld (BAW) 1H23 – Results Snapshot

Diluted HEPS down -4.8% y-y to 707.4cps (LY: 743.0cps).
Turnover increased by +12.9% y-y to R20 771m (LY: R19 321m).
OPM decreased to 10.1% (LY: 10.5%).
Expense to sales increased to 89.9% (LY: 89.5%). Expenses increased by 13.3% (LY: 12.4%).
Interim dividend of 200.0cps declared (LY: 165.0cps).
Cash generated from operating activities down -303.2% y-y to -R3 855m (LY: -R1 897m).