INTERIM
RESULTS
PRESENTATION
For the period ended 30 November 2021
3 February 2022
1
OVERVIEW
OneLogix operates in the logistics industry in southern Africa, offering specialised logistics services within well-defined niche markets through 13 business units
AUDITED CONSOLIDATED RESULTS FOR THE PERIOD ENDED 30 NOVEMBER 2021 | 2 |
Executive Summary
21% | 14% | (38%) | ||||||||
Revenue R1,49 bn | EBITDA R213,7 m | PBT R26,4 m | ||||||||
(2021: R1,22 bn) | (2021: R187m) | (2021: R42,6 m) | ||||||||
(82%) | (1%) | (2%) | ||||||||
Core HEPS 2,1 cps | NAV per share 408,7 cps | NTAV per share 337,7 cps | ||||||||
(2021: 11,5 cps) | (2021: 411,4 cps) | (2021: 343 cps) | ||||||||
5% | Dividend | |||||||||
Cash generated from | No interim dividend | |||||||||
operational activities (before | declared, opting to preserve | |||||||||
changes in working capital) | cash resources given | |||||||||
R188,6 m | uncertain market | |||||||||
(2021: R180,1 m) | conditions | |||||||||
Detractors to the results
- Series of once-off events
14 minute freak | Cost of Umlaas | |||
July 2021 unrest / | sale & lease back | |||
hail storm at | ||||
riots | in results for a full | |||
Umlaas Road | ||||
(R10 m) | year | |||
(R25 m) | ||||
(R32 m) | ||||
- Depressed storage volumes
- Tough operating climate remains exacerbated by global supply chain disruptions
Contributors to the results
- Agritrans acquisition successfully integrated
- Productivity interventions at OneLogix UB successful with positive impact from cryogenics
AUDITED CONSOLIDATED RESULTS FOR THE PERIOD ENDED 30 NOVEMBER 2021 | 3 |
DELISTING
RATIONALE & TIMING
-
Cautionary announcement of 20 December 2021 and subsequent renewal on
1 February 2022 - Board of Directors is considering a delisting via a cash offer of R3,30 per share
- Shareholders will be kept updated on matters as they develop
AUDITED CONSOLIDATED RESULTS FOR THE PERIOD ENDED 30 NOVEMBER 2021 | 4 |
THE ONELOGIX
WAY
AUDITED CONSOLIDATED RESULTS FOR THE PERIOD ENDED 30 NOVEMBER 2021 | 5 |
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OneLogix Group Limited published this content on 03 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 February 2022 14:40:06 UTC.