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Moneyweb: Imperial H1 HEPS, dividend up

Dated: 28/02/2013 12:00:00 AM

Imperial H1 HEPS, dividend up

Sees challenging market ahead.
•Revenue 18% higher at R45 262 million
•Operating profit improved 12% to R2 939 million
•HEPS up 14% to 829 cps
•Core EPS up 15% to 872 cps
•Cash generated by operations up 111% to R2 061 million
•Interim dividend increased 27% to 380c per share

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Source: Reuters

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IMPERIAL in the News

Imperial buys stake in Nigerian logistics company MDS
13 May 2013
LOGISTICS group Imperial has acquired 49% of MDS, a logistics company in Nigeria, for $26m in cash. Imperial said on Monday the transaction was an entry point into the logistics sector to service Nigeria’s fast-moving consumable goods, telecommunications and pharmaceutical industries.
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Imperial acquires 49% of Nigerian logistics provider
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The JSE-listed Imperial Group had acquired 49% of Nigerian logistics provider MDS in a $26-million deal, the group announced on Monday. The transaction provided the Imperial group entry into the logistics sector of the rapidly expanding Nigerian fast-moving consumer goods, telecommunications and pharmaceutical industries, the company noted.
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Imperial strengthens footprint in Africa
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One of Africa's largest companies has bought a stake in a leading Nigerian logistics provider in a bid to increase its representation in the country Imperial Holdings Limited has acquired 49 percent of MDS, a leading logistics provider in Nigeria, for a cash consideration of US$26 million.
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