About Barloworld  

Barloworld is a distributor of leading international brands providing integrated rental, fleet management, product support and logistics solutions. The core divisions of the group comprise Equipment (earthmoving and power systems), Automotive (car rental, motor trading and fleet services), Handling (forklift truck distribution and fleet management) and Logistics (logistics management and supply chain optimisation). We offer flexible, value adding, integrated business solutions to our customers backed by leading global brands. The brands we represent on behalf of our principals include Caterpillar, Hyster, Avis, Audi, BMW, Ford, General Motors, Mercedes-Benz, Toyota, Volkswagen and others.

 
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Clive Thomson, CEO of Barloworld, said:

“The past six months have been challenging due to difficult trading conditions for most of our businesses. However, we have maintained tight control over our expense base and cash generation has remained strong. A number of positive signs are emerging in the global and southern African economies and we are well placed to benefit from these trends. While we expect some improvement in the second half of the year, a number of significant new opportunities will only positively impact in our 2011 financial year.”

10 May 2010

     
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