Investor overview

Best in industry expertise with an in-depth understanding of operating in Africa and trading with the world.

Detailed understanding of our business, the industry and our customers’ businesses.

Solutions driven, aligning our assets and infrastructure to provide the most cost-effective and efficient route to market for our customers.

Long term relationships with commodity traders, miners, agricultural sector, shipping lines, importers, and exporters.

Trusted, reliable freight services provider.

Nimble and agile to adapt to market conditions and customer requirements.

Strategically situated terminals, warehouses, container depots.

An extensive network of rail, road and seafreight contracts.

Contracted volumes in the terminals, containerised, and rail businesses.

A world class team with a wealth of experience and intellectual property.

FINANCIAL HIGHLIGHTS

Trading profit from core operations *

R1.1 billion

(2021 H1: R0.8 billion), up 37% on the prior period

Net asset value per share

1 231 cents

(2021 December:

1 176 cents)

Headline earnings from core operations *

53%to R529.1 million

(2021 H1: R344.8 million)

Interim ordinary
dividend of

17.2 cents

(2021 H1: nil cents)

Revenue from core
operations *

R3.1 billion

(2021 H1: R2.4 billion), up 31% on the prior period

Cash generated from
operations of

120%

to R740.5 million

(2021 H1: R336.3 million)

Net debt
(excluding Grindrod Bank)

27%

to R1.6 billion

(2021 December:

R2.2 billion)

* Inclusive of joint ventures