星火电竞手机版外围’s portfolio of businesses performed to expectation in deteriorating trading conditions. Revenue growth of 9% to R56,2 billion was attributable mainly to acquisitions.

Operating profit decreased 9% to R2,9 billion due mainly to depressed margins caused by the delayed impact of a weakening Rand on the competitiveness and profitability of the Vehicle Import, Distribution and Dealership division. The profitability of the Logistics International division was depressed by low and declining activity levels in most Eurozone logistics sectors, and the Financial Services division’s results were depressed by weaker equity markets in our insurance business. These declines were almost countered by an excellent performance from... read more