IMPERIAL Logistics confirms position as Logistics and Supply Chain Management Outsource Leader
Johannesburg, 22nd February 2012 – JSE listed IMPERIAL announced revenue of R38,4 billion and operating profit of R2,6 billion for the six months ending 31 December 2011. This represents 22% revenue growth and 23% profit growth when compared to the corresponding period in 2010. As part of this, the Logistics Divisions reported total revenue of R12,4 billion and operating profit of R715 million. CEO of IMPERIAL, Hubert Brody, commented that “logistics represents almost a third of our business and remains the key area of focus and growth”.
The African logistics operations recorded revenue of R8,3 billion and operating profit of R512 million in the six months ending December 2011. This represents an impressive 17.4% growth in operating profit despite a challenging trading environment. Marius Swanepoel, CEO of IMPERIAL Logistics, commented that “we are well on our way to exceed revenue of R15 billion this financial year, confirming our leadership as logistics service and supply chain management outsource provider”.
“It is the success of our businesses like Broco, CIC, Cargo Africa, e-Logics, Etosha, Freightmax, Goldfields, IMPERIAL Cargo, IMPERIAL Distribution, IMPERIAL Truck Rental, Javelin, Tanker Services, TFD, Truckafrica, Volition and many more, that operate under the banner of we are IMPERIAL Logistics that makes IMPERIAL Logistics the leader in almost all logistics fields”, Swanepoel added.
Contracts with annual value of R1,2 billion were secured in the last six months, represented by a health mix of new contracts and renewals across almost all industries. The total value of the contracts, considering the multiple year terms exceeds R3 billion. “Even more exciting is that our relationships with our clients have expanded to include not only the traditional transport and warehousing execution, but also logistics planning and integrated supply chain management. We are becoming a more fundamental part of our clients’ operations and business – and we are helping them succeed” Swanepoel said.
Chief Integration Officer Cobus Rossouw said that “IMPERIAL Logistics has implemented various internal initiatives to ensure that clients can benefit from the broad spectrum of services offered by the Group. As our clients’ supply chains mature, IMPERIAL Logistics has provided integrated solutions to address their challenges. Various new strategically important client engagements has commenced recently, proving that IMPERIAL Logistics is a comprehensive service provider.”
“We have also made exciting progress with the standardisation of information technology across IMPERIAL Logistics. This allows us to spread best practice between operations, to offer clients leading-edge solutions and to remove cost of duplication” Cobus added.
Various strategic growth initiatives remain core to IMPERIAL Logistics. This includes the expansion of African operations, comprehensive involvement in inter-modal logistics which includes cooperation with Transnet and specific focus on skills development, sustainability and transformation. IMPERIAL Logistics recently announced that their clients now receive 137.5% preferential procurement recognition due to Level 3 scorecard and Value Adding status.
About IMPERIAL Logistics
IMPERIAL Logistics is a global logistics and supply chain leader that moves business and industry through innovation, inspiration and foresight. Through its established Southern African and International divisions, IMPERIAL Logistics’ service delivery comprises fundamental logistics and end-to-end supply chain management solutions to blue chip customers in almost every industry. As a preferred logistics outsource provider, IMPERIAL Logistics positions itself as an extension of its customer’s business, building its customer’s brand alongside its own. IMPERIAL Logistics Southern Africa is a multi-branded business, categorised into six key divisions, namely Transport and Warehousing, Consumer Products, Specialised Freight, Integration Services, Africa and Bulk Commodity Services. IMPERIAL Logistics International comprises four operating units, namely Panopa Logistik, neska, IMPERIAL Reederei and Brouwer Shipping. For further information, please visit www.imperiallogistics.co.za.
IMPERIAL Logistics
Goldfields Logistics Park, 10 Refinery Road, Driehoek, Germiston, South Africa
Tel: +27.11.8215500 Fax: +27.11.8731874 http://www.imperiallogistics.co.za
PR Contacts:
IMPERIAL Logistics: Marelize Hoffmann, Brand Manager, Tel: +27.11.8215500; Mobile: +27.83 6438743; Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
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