Barloworld H1 profits, revenue rise on higher Southern African, Russian equipment sales

Despite a weaker first quarter, the global economy remains on track to show solid growth for 2018 in both developed and emerging markets, while South Africa’s economic outlook is also improving, benefiting multinational Barloworld. The company on Monday reported a 14.2% year-on-year increase in headline earnings a share from continuing operations of 457c for the six months ended March 31.