ONELOGIX GROUP LIMITED 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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Disclaimer
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.
