Page 148 - Profile's Stock Exchange Handbook - 2021 issue 1

JSE – IMP Profile’s Stock Exchange Handbook: 2021 – Issue 1
POSTAL ADDRESS:POBox3013, Edenvale,1610
Imperial Logistics Ltd. EMAIL: Esha.Mansingh@imperiallogistics.com
WEBSITE: www.imperiallogistics.com
IMP
TELEPHONE: 011-372-6500
COMPANY SECRETARY: J Ravjee (Acting)
TRANSFER SECRETARY: Computershare
Investor Services (Pty) Ltd.
SPONSOR: Merrill Lynch SA (Pty) Ltd.
AUDITORS: Deloitte & Touche
Scan the QR code to BANKERS: First National Bank, Nedbank,
visit our website
Standard Bank
CALENDAR Expected Status
Next Interim Results 23 Feb 2021 Confirmed
Next Final Results 24 Aug 2021 Confirmed
Annual General Meeting 8 Nov 2021 Confirmed
CAPITAL STRUCTURE AUTHORISED ISSUED
ISIN: ZAE000067211 SHORT: IMPERIAL CODE: IPL
REG NO: 1946/021048/06 FOUNDED: 1946 LISTED: 1987 IPL Ords 4c ea 394 999 000 202 074 388
DISTRIBUTIONS [ZARc]
NATURE OF BUSINESS: Ords 4c ea Ldt Pay Amt
Imperial is an African and European focused provider of Interim No 60 17 Mar 20 23 Mar 20 167.00
logistics and market access solutions. Ranked among the top Final No 59 23 Sep 19 30 Sep 19 109.00
30 global logistics providers, the group is listed on the Johan- Interim No 58 18 Mar 19 25 Mar 19 135.00
nesburg Stock Exchange and employs over 25 000 people. Final No 57 25 Sep 18 1 Oct 18 387.00
Operating in more than 26 countries, we play a critical role in LIQUIDITY: Sep20 Ave 5m shares p.w., R231.3m(127.1% p.a.)
the lives of our clients, countries and communities by INDT 40 Week MA IMPERIAL
providing accesstoqualityproducts andservices. With afocus
on five key industries - automotive, chemicals, consumer,
healthcare and industrial - we take our clients’ products to 9635
some of the fastest-growing and most challenging markets in
the world. We relentlessly seek out and leverage new technol- 7846
ogy to deliver innovative, integrated, end-to-end solutions.
Through our African presence and globalexpertise, Imperial’s 6056
purpose is to connect Africa and the world. 4267
SECTOR: Ind—Ind Goods&Srvcs—Ind Transportation—Trans Srvcs 2477
2015 | 2016 | 2017 | 2018 | 2019 | 2020
CONTROLLED BY: None
MAJOR ORDINARY SHAREHOLDERS as at 30 Oct 2020 Recent Announcements
Public Investment Corporation Ltd. 11.35% Wednesday, 11 November 2020: Shareholders were advised that
M&G Investments (London) 10.73% Rohan Venter has resigned as Company Secretary with effect
PSG Asset Management 9.04%
from 9 November 2020.
FINANCIAL STATISTICS
(R million) Jun 20 Jun 19 Jun 18 Jun 17 Jun 16 Shareholders are advised that Mr Jeetesh Ravjee, Group Legal
Final Final(rst) Final(rst) Final(rst) Final(rst) Executive has been appointed as Imperial’s acting company
Turnover 46 380 44 039 48 565 115 889 118 849 secretaryuntilsuchtimeasapermanentappointmentismade.
Op Inc 1 459 2 413 2 868 6 049 6 382 Monday, 09 November 2020: Imperial advised its shareholders that
NetIntPd(Rcvd) 762 605 569 1 680 1 440 alltheordinaryandspecialresolutionsproposed intheNoticeof
Tax 159 386 620 901 1 221 the AGM dated 06 October 2020 and tabled at the Company’s
Minority Int 77 142 135 - 36 184 AGM held on Monday 09 November 2020, were passed by the
Att Inc - 303 3 438 3 273 2 601 2 997 requisite majority of votes cast by shareholders.
TotCompIncLoss 683 3 887 4 063 2 160 3 328
Monday, 09 November 2020: The 2020 Imperial Integrated Annual
Hline Erngs-CO 295 870 1 139 2 700 2 994
Fixed Ass 3 326 2 647 3 042 10 371 11 602 Report, Annual Financial Statements and ESG report were made
Right of use Ass 5 422 4 780 5 335 - - availabletoshareholderson6October2020.Thesereportsexpand
Inv in Assoc 198 520 752 1 002 993 onthesignificantprogressmadeinthe2020financialyearinclarify-
Inv & Loans 271 225 258 805 404 ing our strategic positioning, advancing our strategic imperatives,
Def Tax Asset 1 510 1 227 940 1 509 1 387 confronting and resolving challenges that have impacted delivery,
Tot Curr Ass 19 529 14 633 51 720 36 114 38 526 and our response to the Covid-19 pandemic.
Ord SH Int 7 320 7 774 22 321 20 742 20 173 As is customary at this time, we provide shareholders with an
Minority Int 1 218 913 886 667 909 update on the most noteworthy developments in the 2021
LT Liab 21 270 16 539 17 428 26 464 26 299 financial year thus far.
Tot Curr Liab 12 984 11 361 35 331 21 687 23 320
Operating context and performance for the 3 months ended 30
PER SHARE STATISTICS (cents per share) September 2020
EPS (ZARc) - 161.00 1 773.00 1 681.00 1339.00 1554.00
HEPS-C (ZARc)* 156.00 448.00 585.00 379.00 1 451.00 Despite continuing challenging trading conditions and the
DPS (ZARc) 167.00 244.00 710.00 650.00 795.00 extendedimpactofCovid-19,Imperial performedinlinewith ex-
NAV PS (ZARc) 3 783.00 3 960.00 11 464.00 10 550.00 10 261.00 pectations for the three months ended 30 September 2020.
3 Yr Beta 1.62 0.89 1.25 1.06 1.16 Pleasingly, the business recorded a significant improvement in
Price High 6 300 8 764 11 671 7 724 7 567 Q1 F2021 versus Q4 F2020, increasing revenue by 24% and
Price Low 2 299 5 143 6 374 5 482 3 937 operating profit by 280%.
Price Prd End 3 933 5 143 7 914 6 504 6 039 However, while volumesandoperatingactivitieshaveimproved
RATIOS
Ret on SH Fnd - 2.73 10.40 14.76 12.39 15.74 since June 2020 as many countries eased lockdown restrictions,
Ret On Tot Ass 2.03 6.29 8.25 7.54 8.15 the business has not yet fully recovered to pre-Covid-19 levels.
Oper Pft Mgn 3.15 5.48 5.91 5.22 5.37 As infection rates continue to rise again in many of our markets
D:E 2.57 2.03 0.49 1.28 1.30 of operation, the risk of harder lockdown restrictions could
Int Cover 1.33 1.40 4.06 2.84 3.67 further impact operations in F2021, as we are currently experi-
Current Ratio 1.50 1.29 1.46 1.67 1.65 encing in some of our European markets.
Div Cover - 0.96 7.27 2.37 0.83 0.79
*Continuing operations Imperial’s contract renewal rate across its operations on
NUMBER OF EMPLOYEES: 25 000 existing contracts remains strong at c.75%. The group has an en-
DIRECTORS: Langeni P (Chair, ne), SparksRJA(ind ne), couraging pipeline of new opportunities and new business
Cooper P (ind ne), DempsterGW(ld ind ne), Radebe B (ind ne), revenue of approximately R6.1 billion (p.a.) was secured on a
Reich D (ind ne), Akoojee M (CEO), de Beer J G (CFO) rolling 12-month basis to the end of September 2020.
146