Edition:
United Kingdom

Imperial Logistics Ltd (IPLJ.J)

IPLJ.J on Johannesburg Stock Exchange

5,773.00ZAc
24 May 2019
Change (% chg)

0.00 (+0.00%)
Prev Close
5,773.00
Open
5,755.00
Day's High
5,883.00
Day's Low
5,750.00
Volume
234,114
Avg. Vol
870,467
52-wk High
21,693.00
52-wk Low
5,215.00

Latest Key Developments (Source: Significant Developments)

Imperial Holdings Says CEO Osman Arbee On Medical Leave
Monday, 30 Jul 2018 

July 30 (Reuters) - Imperial Holdings Ltd ::CHIEF EXECUTIVE OFFICER OSMAN ARBEE IS CURRENTLY ON MEDICAL LEAVE.AT END OF JUNE 2018 OSMAN ARBEE UNDERWENT SURGERY..ARBEE IS EXPECTED TO BE BACK AT WORK IN JANUARY 2019 AND CONTINUE IN HIS ROLE AS CEO OF MOTUS.DURING HIS RECOVERY PERIOD, ARBEE WILL BE AVAILABLE TO MANAGEMENT TO ADVISE ON STRATEGIC MATTERS.ARBEE'S SURGERY WAS SUCCESSFUL BUT HE SUBSEQUENTLY SUFFERED MINOR STROKE RESULTING IN RECOVERY PERIOD BEING LONGER THAN EXPECTED.MOHAMMED AKOOJEE WILL BE APPOINTED ACTING CEO.DURING OSMAN'S ABSENCE, OCKERT JANSE VAN RENSBURG WILL BE ACTING CEO OF MOTUS IN ADDITION TO HIS ROLE AS CFO OF MOTUS.  Full Article

Imperial Says ‍HY HEPS Up 16% TO 717 Cents Per Share​
Tuesday, 20 Feb 2018 

Feb 20 (Reuters) - Imperial Holdings Ltd ::‍HY HEPS UP 16% TO 717 CENTS PER SHARE​.‍HY EPS UP 9% TO 671 CENTS PER SHARE​.‍RECORD HALF YEAR REVENUE UP 11% TO R66,5 BILLION​.‍INTERIM CASH DIVIDEND OF 323 CENTS PER SHARE​.‍NEAR TERM EXPECTATIONS ARE UNCHANGED​.‍IN SIX MONTHS TO JUNE FOR CONTINUING OPERATIONS, SEES LOGISTICS AND MOTUS TO INCREASE REVENUES, OPERATING PROFIT AT HIGHER RATE THAN H1.‍NET DEBT INCREASED BY 15% OR R2,2 BILLION (IN LINE WITH EXPECTATIONS) FROM JUNE 2017 BUT DECREASED BY 13% OR R2,5 BILLION FROM DECEMBER 2016​.‍IN SIX MONTHS TO JUNE FOR CONTINUING OPERATIONS, SEES ‍IMPERIAL HOLDINGS TO INCREASE REVENUES, OPERATING PROFIT AT HIGHER RATE THAN H1.‍IN 6 MONTHS TO JUNE FOR CONTINUING OPERATIONS, ‍IMPERIAL HOLDINGS TO PRODUCE DOUBLE-DIGIT GROWTH IN HEPS SUBSTANTIALLY HIGHER THAN H1.  Full Article

AECI to buy Schirm Gmbh
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Aeci Ltd :AECI LTD - ‍AECI MAURITIUS WILL ACQUIRE 100% OF SHARE CAPITAL IN SCHIRM GMBH AND SHAREHOLDER LOAN CLAIMS​.AECI LTD - ‍PURCHASE CONSIDERATION IS EUR 110,5 MILLION AND IS PAYABLE IN CASH​.AECI LTD - ‍SCHIRM GMBH WILL ACQUIRE CONTRACT MANUFACTURING SERVICE BUSINESS OF AND A PROPERTY IN WOLFENBÜTTEL, GERMANY​.‍AECI WILL FUND TRANSACTION UTILISING A FINANCING FACILITY PROVIDED BY STANDARD BANK OF SOUTH AFRICA LIMITED​.AECI LTD - ‍ICL WILL RETAIN CUSTOMER WAREHOUSING, TRANSPORTATION AND DISTRIBUTION SERVICES ON SITES ON WHICH SCHIRM OPERATES​.  Full Article

Imperial records 10 pct fall in FY HEPS
Tuesday, 22 Aug 2017 

Aug 22 (Reuters) - Imperial Holdings Ltd :FY REVENUE UP 1% TO R119,5 BILLION.FY HEPS DOWN 10% TO 1,390 CENTS PER SHARE.FULL YEAR DIVIDEND DOWN 18% TO 650 CENTS PER SHARE.FY OPERATING PROFIT UP 2% TO R6,5 BILLION.FY PROFIT BEFORE TAX FROM CONTINUING OPERATIONS OPERATING PROFIT 3.19 BILLION BILLION RAND VERSUS 3.98 BILLION RAND YEAR AGO.ANTICIPATE SOLID OPERATING AND FINANCIAL RESULTS IN YEAR TO JUNE 2018.SEES CONTINUING OPERATIONS TO INCREASE REVENUES AND OPERATING PROFIT WITH DOUBLE-DIGIT GROWTH IN HEPS, STRONGER IN SECOND HALF.  Full Article

Imperial Holdings ‍sees FY HEPS down 11 pct-14 pct​
Monday, 7 Aug 2017 

Aug 7 (Reuters) - IMPERIAL HOLDINGS LTD ::‍SEES HEPS FOR FY ENDED JUNE 30 OF 1400 CENTS TO 1360 CENTS (11 PCT TO 14 PCT DOWN)​.  Full Article

Imperial holdings fulfills remaining condition relating to disposal of Regent Group
Wednesday, 28 Jun 2017 

June 28 (Reuters) - Imperial Holdings Ltd ::Value of net assets as at 30 June 2016 that are subject of transaction is approximately 1.6 billion rand.Says outstanding portion of total purchase consideration of about 1.1 billion rand will be settled in cash on 30 June 2017.Says proceeds will be used to reduce short term debt.Imperial holdings on 26 June 2017, South African Financial Services board approved transaction in and Tier 2 capital of regent group.  Full Article

UPDATE 1-South Africa's slow growth hurts Imperial Logistics' outlook

JOHANNESBURG, Feb 28 South Africa's Imperial Logistics Ltd said on Thursday that it expects its full-year operating profit to be lower than last year due to rising costs and slow economic growth in its home market.