Highlights I Financial

Operational

Financial

Shareholder

Record port

Core

Core headline

volumes

EBITDA

earnings

30%

16%

26%

5.9 million tonnes

R1.1 billion

R563 million

Mozambique

Core ROE

Interim ordinary

terminal volumes

dividend

17%

19%

100%

6.0 million tonnes

Target of 15%

34.4 cents per share

Financial highlights

Port and Terminals

Logistics

Core

2023 H1

2022 H1 *

2023 H1

2022 H1 *

Rmillion

Rmillion

Rmillion

Rmillion

Revenue

1 483

1 139

1 668

1 489

EBITDA

576

451

497

547

EBITDA margin (%)

39

40

30

37

Headline earnings

393

299

172

240

Normalised headline earnings **

393

299

159

120

Return on equity (%)

26

27

26

31

US Dollar based EBITDA (%)

91

80

42

41

  • Re-presentedfor changes in the composition of the segments ** Logistics normalised earnings derived as follows:

Rmillion

Headline earnings as reported above

Adjusted for:

Logistics

20232022

172240

KZN floods net insurance proceeds

-

(50)

Northern Mozambique provisioning release

-

(10)

Charters

(13)

(39)

Grindrod Logistics (100% to 49%)

-

(21)

Adjusted headline earnings

159

120

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Grindrod Limited published this content on 19 September 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 September 2023 05:44:05 UTC.