Edition:
United States

Imperial Holdings Ltd (IPLJ.J)

IPLJ.J on Johannesburg Stock Exchange

21,006.43ZAc
17 Nov 2017
Change (% chg)

666.43 (+3.28%)
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Latest Key Developments (Source: Significant Developments)

AECI to buy Schirm Gmbh
Wednesday, 8 Nov 2017 12:05am EST 

Nov 8 (Reuters) - Aeci Ltd :AECI LTD - ‍AECI MAURITIUS WILL ACQUIRE 100% OF SHARE CAPITAL IN SCHIRM GMBH AND SHAREHOLDER LOAN CLAIMS​.AECI LTD - ‍PURCHASE CONSIDERATION IS EUR 110,5 MILLION AND IS PAYABLE IN CASH​.AECI LTD - ‍SCHIRM GMBH WILL ACQUIRE CONTRACT MANUFACTURING SERVICE BUSINESS OF AND A PROPERTY IN WOLFENBÜTTEL, GERMANY​.‍AECI WILL FUND TRANSACTION UTILISING A FINANCING FACILITY PROVIDED BY STANDARD BANK OF SOUTH AFRICA LIMITED​.AECI LTD - ‍ICL WILL RETAIN CUSTOMER WAREHOUSING, TRANSPORTATION AND DISTRIBUTION SERVICES ON SITES ON WHICH SCHIRM OPERATES​.  Full Article

Imperial records 10 pct fall in FY HEPS
Tuesday, 22 Aug 2017 01:06am EDT 

Aug 22 (Reuters) - Imperial Holdings Ltd :FY REVENUE UP 1% TO R119,5 BILLION.FY HEPS DOWN 10% TO 1,390 CENTS PER SHARE.FULL YEAR DIVIDEND DOWN 18% TO 650 CENTS PER SHARE.FY OPERATING PROFIT UP 2% TO R6,5 BILLION.FY PROFIT BEFORE TAX FROM CONTINUING OPERATIONS OPERATING PROFIT 3.19 BILLION BILLION RAND VERSUS 3.98 BILLION RAND YEAR AGO.ANTICIPATE SOLID OPERATING AND FINANCIAL RESULTS IN YEAR TO JUNE 2018.SEES CONTINUING OPERATIONS TO INCREASE REVENUES AND OPERATING PROFIT WITH DOUBLE-DIGIT GROWTH IN HEPS, STRONGER IN SECOND HALF.  Full Article

Imperial Holdings ‍sees FY HEPS down 11 pct-14 pct​
Monday, 7 Aug 2017 08:00am EDT 

Aug 7 (Reuters) - IMPERIAL HOLDINGS LTD ::‍SEES HEPS FOR FY ENDED JUNE 30 OF 1400 CENTS TO 1360 CENTS (11 PCT TO 14 PCT DOWN)​.  Full Article

Imperial holdings fulfills remaining condition relating to disposal of Regent Group
Wednesday, 28 Jun 2017 03:00am EDT 

June 28 (Reuters) - Imperial Holdings Ltd ::Value of net assets as at 30 June 2016 that are subject of transaction is approximately 1.6 billion rand.Says outstanding portion of total purchase consideration of about 1.1 billion rand will be settled in cash on 30 June 2017.Says proceeds will be used to reduce short term debt.Imperial holdings on 26 June 2017, South African Financial Services board approved transaction in and Tier 2 capital of regent group.  Full Article

Imperial Holdings says trading environment remains challenging in South Africa
Tuesday, 16 May 2017 02:00am EDT 

May 16 (Reuters) - Imperial Holdings Ltd ::Trading environment remains challenging in South Africa.Slow economic recovery continues and trading conditions remain satisfactory in eurozone, UK and Australia.Factors affecting Co during HY 2017: low water levels on rhine; lower demand and pricing pressures in steel, energy, commodities and construction sectors.Factors impacting during HY 2017: steady UK economic growth as yet unaffected by brexit, rand volatility.Restructuring announced in 2014 is ahead of plan, nearing completion during first half of 2017.We expect imperial group to achieve a single digit increase in revenues and unchanged operating profit for year to June 30 2017.A significant increase in foreign exchange losses and higher financing costs will however depress headline earnings..  Full Article

Imperial says to get 1.8 bln rand from Regent disposal
Monday, 24 Apr 2017 06:25am EDT 

April 24 (Reuters) - Imperial Holdings Ltd ::Disposal of 100 pct of ordinary shares in and tier 2 capital of Regent Group.South African Competition Tribunal approved proposed transaction on revised terms set out below.Total purchase consideration received by Imperial will now amount to approximately r1.8 billion..  Full Article

Imperial Holdings says HEPS down 15 pct for six months to Dec. 31
Tuesday, 21 Feb 2017 12:05am EST 

Imperial Holdings Ltd : Says interim results for six months ended 31 december 2016 . HEPS down 15 pct to 682 cents per share for six months ended Dec. 31 2016 . Says revenue up 2 pct to 61,3 billion rand (42 foreign) for six months ended Dec. 31 2016 . Says operating profit up 4 pct to 3,2 billion rand (36 pct foreign) for six months ended Dec. 31 2016 . Says for six months ended Dec. 31 2016 . Says cash generated by operations of 4.3 bln rand for six months ended Dec. 31 2016 . Says return on equity 13.2 pct .Says return on invested capital 12.2 pct.  Full Article

Imperial Holdings FY HEPS down 3 pct to 1579 cents per share
Tuesday, 23 Aug 2016 01:07am EDT 

Imperial Holdings Ltd : Preliminary summarised audited results for the year ended June 30 2016 . FY revenue up 8 pct to 118.8 bln rand . FY operating profit up 3 pct to 6.4 bln rand . FY HEPS down 3 pct to 1579 cents per share . FY return on equity 15.6 pct .Full year dividend unchanged at 795 cents per share.  Full Article

Imperial Holdings says its guidance unchanged for year to June 30
Wednesday, 15 Jun 2016 03:00am EDT 

Imperial Holdings Ltd : Unchanged guidance for imperial group for year to June 30, 2016 .Expect single digit revenue growth and unchanged operating profit in continuing operations.  Full Article

Imperial Hlgds says unit acquires Palletways group for $162.9 mln
Wednesday, 1 Jun 2016 03:40am EDT 

Imperial Holdings Ltd : Unit of Imperial, has entered into a conditional agreement with Phoenix Equity Partners to acquire Palletways Group Limited .Deal for an enterprise value consideration of £162.9 million (ZAR3.8 billion).  Full Article

S.Africa's Imperial could split logistics, auto businesses

JOHANNESBURG, Oct 31 South Africa's Imperial Holdings could split its vehicle import division from its logistics business, but will not make a decision before July next year, its chief executive said on Tuesday.