BARLOWORLD LIMITED - Trading Statement for the twelve months ended 30 September 2024

Trading Statement for the twelve months ended 30 September 2024

Barloworld Limited
(Incorporated in the Republic of South Africa)
(Registration number 1918/000095/06)
(Share code: BAW)
(A2X code: BAW)
(JSE ISIN: ZAE000026639)
(Share code: BAWP)
(JSE ISIN: ZAE000026647)
(Bond issuer code: BIBAW)
(JSE ISIN: ZAE000026647)
(the "group")


TRADING STATEMENT FOR THE TWELVE MONTHS ENDED 30 SEPTEMBER 2024


Shareholders are advised that the group is currently finalising its results for the twelve months ended
30 September 2024 (the "period"), which will be released on the Stock Exchange News Service of
the JSE Limited ("JSE") on or about Monday, 25 November 2024.


In terms of the JSE Listings Requirements, the group is satisfied that a reasonable degree of certainty
exists that the financial results for the period will differ by at least 20% from the prior twelve-month
period ended 30 September 2023 ("prior period").


Basic earnings per share ("EPS") and basic headline earnings per share ("HEPS") from
continuing and discontinued operations

The ranges for basic EPS and basic HEPS from group, continuing operations and discontinued
operations for the period are expected to be as follows:

 ZAR cents                                  30 Sept 2024       Expected range of        30 Sept 2023
                                        Expected Results       decrease based on           (Reported)
                                                   Range             30 Sep 2023

 Basic EPS - group                      1010.4 to 1030.4         13.9% to 15.6%               1197.0
 Basic EPS
   Continuing operations                1010.4 to 1030.4           3.4% to 5.3%               1067.2
   Discontinued operations                          0.00                   100%                129.8
 Basic HEPS – group                     1012.1 to 1032.1         20.1% to 21.6%               1291.4
 Basic HEPS
    Continuing operations               1012.1 to 1032.1         10.7% to 12.5%               1156.3
    Discontinued operations                         0.00                   100%                135.1
                                                   
Accounting presentation

The car rental and leasing business, Zeda Limited was successfully unbundled and separately listed
on the JSE on 13 December 2022, while the Logistics business was successfully disposed of,
effective 31 March 2023. Both these businesses were included in the prior period as discontinued
operations.

The decrease in the group results is as a result of the exclusion of these discontinued operations in
the current reporting period.


Sandton
15 November 2024

Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Enquiries:
Kgaugelo Legoabe-Kgomari
Group Investor Relations
Tel: ++27 82 619 4710
email: bawir@barloworld.com




                                                 

Date: 15-11-2024 07:05:00
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