IMPERIAL

Press Office

IMPERIAL continues expansion of logistics division
14/07/2010 12:00:00 AM

Business Day
Simon Mundy

IMPERIAL Holdings continued the aggressive expansion of its logistics division yesterday as it announced the forthcoming R724m acquisition of CIC Holdings, a Namibian company specialising in the distribution of fast-moving consumer goods. Imperial off-loaded several noncore businesses two years ago, and is concentrating on bulking up its more successful arms.

IMPERIAL seeks wider footprint with CIC bid
14/07/2010 12:00:00 AM

Business Report
Roy Cokayne

Imperial Holdings, the listed transport and mobility group, yesterday reported that it had submitted a firm offer of R723.78 million to buy 100 percent of CIC Holdings, the JSE-listed Namibian company operating in the fast-moving consumer goods industry. The proposed acquisition, via a scheme of arrangement, is in line with Imperial's stated strategy of expanding its logistics business into Africa.

IMPERIAL 'makes a good buy'
14/07/2010 12:00:00 AM

Fin24
Svetlana Doneva

Johannesburg - The planned acquisition of CIC Holdings [JSE:CCI] by Imperial Holdings [JSE:IPL] for R724m has received the thumbs-up from analysts, despite the premium Imperial will pay to acquire the entire listed share capital of the Namibian-based logistics group.

More cash for Jannie Mouton
13/07/2010 12:00:00 AM

Moneyweb (Printed in The Citizen)
David Carte

JOHANNESBURG - PSG (JSE:PSG) will score handsomely by selling listed logistics group CIC (JSE:CCI) to Imperial (JSE:IPL) for R724m cash - but Imperial is quite happy with its purchase. The year's low for CIC was 80c in November.

IMPERIAL to buy out JSE-listed CIC: Hubert Brody – CEO, Imperial
13/07/2010 12:00:00 AM

Moneyweb
Hilton Tarrant

HILTON TARRANT: Hello, good evening and welcome to the SAfm Market Update with Moneyweb. Hilton Tarrant in for Alec Hogg this Tuesday evening. First, the headlines. A shock announcement out from Telkom just an hour ago - Peter Nelson, chief financial officer follows former CEO Reuben September out of the door. He's resigned and leaves in October. Irnest Kaplan weighs in on the executive level chaos. The World Cup spending update from Visa's Andrew Woodward, Imperial's Hubert Brody in the studio on another acquisition by the logistics group, we'll talk gold and David Shapiro from Sasfin is here to take us through the markets. Before we get to our regular guest, David Shapiro of Sasfin, we've got Imperial's Hubert Brody with us in the studio. Hubert, Imperial today announcing the acquisition of CIC holdings caught a few people by surprise. Not a lot of analysts follow CIC. It is listed on the JSE. It operates out of Namibia, operating in the FMCG space. What attracted you to CIC?

Toyota SA loses market share
09/07/2010 12:00:00 AM

Imperial's AMH with Hyundai and Kia are a new force.

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World Cup value lies in repeat business, says Imperial
07/07/2010 12:00:00 AM

Imperial Holdings predicted on Wednesday that the 2010 FIFA World Cup, speeding to its end on the weekend, would have “good, long-term effects” on the country’s tourism business.

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World Cup 'extremely positive'
07/07/2010 12:00:00 AM

Imperial Holdings, the listed logistics and supply chain group with interests in tourism, said on Wednesday the FIFA World Cup had a "positive" effect on both its tourism division and South Africa's tourism industry. Osman Arbee, chairman of Imperial's car rental and tourism division, said the soccer tournament had been a major promotional event for the country, putting South Africa on the map and "will have good long term effects on the tourism business". The car rental and tourism division accounts for 14 percent of the group's total annual operating profit of 2.528 billion rand, according to its financial results for the year to June 2009.

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IMPERIAL turns corner on declines
05/07/2010 12:00:00 AM

Imperial Holdings, the owner of car dealerships, on Friday rose 2,6%, to R86,70, snapping three days of declines. South Africa vehicle sales climbed an annual 20,7% last month after the Reserve Bank cut interest rates for a seventh time and economic growth accelerated, an industry group said.

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Naamsa June vehicle sales figures please industry
05/07/2010 12:00:00 AM

Data released by the National Association of Automobile Manufacturers of SA (Naamsa) on Friday showed that car sales last month had not suffered from "World Cup fever".

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Surprisingly strong car sales point to recovery
05/07/2010 12:00:00 AM

NEW vehicle sales surged 20,7% year on year last month, outstripping an expectation for moderate growth in the sector, the National Association of Automobile Manufacturers of SA (Naamsa) said on Friday. Econometrix economist Tony Twine said the improvement in new car sales indicated an overall strengthening of the economy in the aftermath of the economic crisis. “Furthermore, sales were greatly assisted by lower interest rates this year and pent-up replacement demand,” he said. Naamsa, which represents South African vehicle manufacturers, cautioned, however, that the improvement should be viewed in the light of very depressed sales this time last year.

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New vehicle sales 20,7% rise “heartening”
02/07/2010 12:00:00 AM

The 20,7% spike in new vehicle sales year-on-year for June 2010 has been described as “heartening” but “nothing out of the ordinary” by Econometrix’s Tony Twine The 20,7% spike in new vehicle sales year-on-year for June 2010 has been described as heartening but nothing out of the ordinary by Econometrix’s Tony Twine.

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AHM: Goscor purchase fits Imperial
10/06/2010 12:00:00 AM

Imperial Holdings subsidiary Associated Motor Holdings (AMH) has acquired a majority holding in the Goscor Group for an undisclosed amount. Goscor consists of six divisions and is an exclusive distributor of leading world-class brands of industrial equipment.

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Imperial acquires majority stake in Goscor
10/06/2010 12:00:00 AM

JSE-listed industrial services and retail group Imperial Holdings, via its Associated Motor Holdings subsidiary, yesterday announced its acquisition of a majority holding in the Goscor Group, a diversified industrial and engineering group. Osman Arbee, a director at Imperial Holdings, said yesterday this was a significant development for industry as a whole. “Imperial has financial muscle, access to research and development, and a large southern African footprint, meaning that Goscor’s industrial equipment range will have greater visibility in the marketplace,” he said. The acquisition also comes at a time when Imperial’s business divisions have experienced financial improvement in the first half of the year, since “activity in southern Africa and Europe recovered in some of the sectors in which the group operates”, Mr Arbee said.

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Car rental firms defleet as World Cup boost falls short
10/06/2010 12:00:00 AM

The business prospects for the car rental industry during the World Cup remain uncertain. This follows the dramatic cut in estimates of the number of foreign visitors coming to the country for the soccer tournament and reports of corporate travel drying up because of expensive airline flights and accommodation for the duration of the tournament. Sales of new cars to rental companies in the first quarter increased by 89 percent from a year earlier to 9 407 units as rental companies increased the size of their fleets in preparation for the event. However, sales to the rental industry have tapered off sharply in the past two months.

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Goscor pas perfek, se Imperial na' kopie
10/06/2010 12:00:00 AM

IMPERIAL Holdings het di meerderheidsbelang gekoop in Goscor, 'n gediversifiseerde nywerheids- en ingenieursgroep

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Imperial on acquisition path
09/06/2010 12:00:00 AM

Johannesburg - Imprial Holdings' acquisition of industrial equipment supplier Goscor, announced on Wednesday, is one of the first steps in the transport company's plans to bulk up by as much as a fifth of current market capitalisation. The group's CEO Hubert Brody announced in February that Imperial's slimming-down period was over and the company would be willing to make an acquisition, or a series of acquisitions, to the value of R4bn or 20% of the group's market cap at the time. However, Wednesday's acquisition may have surprised some market watchers who could have been expecting Imperial to expand further into logistics, identified as a key growth priority.

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Imperial takes majority stake in Goscor
09/06/2010 12:00:00 AM

Johannesburg - Diversified industrial company Imperial Holdings Limited, through its subsidiary AMH, announced on Wednesday that it had acquired a majority holding in the Goscor Group of companies, for an undisclosed amount. Commenting on the acquisition, AMH CEO, Manny de Canha said: "Goscor's strong presence in the industrial equipment market is a perfect strategic fit with Imperial's core competencies and extensive experience in the fields of transport, distribution and servicing." The Goscor Group, a diversified industrial and engineering company, has been supplying the local market with industrial equipment and world class solutions for 26 years.

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Imperial acquires majority stake in Goscor engineering group
09/06/2010 12:00:00 AM

The JSE-listed Imperial Holdings group, through its subsidiary Associated Motor Holdings (AMH), on Wednesday announced that it had acquired a majority holding in the Goscor Group of companies, a diversified industrial and engineering group. Founded in South Africa, the Goscor Group hs supplied the local market with industrial equipment, such as forklifts and generators, for the past 26 years. It consisted of six divisions, and employed 250 people. “Goscor’s strong presence in the industrial equipment market is a perfect strategic fit with Imperial’s core competencies and extensive experience in the fields of transport, distribution and servicing,” said AMH CEO Manny de Canha.

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Beekman soek groter markaandeel in noorde
04/06/2010 12:00:00 AM

Beekman Super Canopies, die Kaapse vervaadiger van bakkiekappe, brei tans sy makaandeel in Gauteng en Kwazulu Natal uit. Die onderneming het tans n nasionale markaandeel van 16%.

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IMPERIAL Logistics takes top honours as Best Managed Company of the Year
31/05/2010 12:00:00 AM

Johannesburg, 31 May 2010 – Global logistics and supply chain leader, IMPERIAL Logistics has been acknowledged as the Best Managed Company of the Year at the prestigious African Access National Business Awards, held at the Sandton Convention Centre on 27th May 2010. The Topco Media award recognises management excellence and highlights outstanding performance with regard to people, planet, profit and corporate governance, and acknowledges the Group’s significant contribution to the broader southern African business community.

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Imperial - Car buyers push earnings higher
11/05/2010 12:00:00 AM

Imperial expected to report a 25 percent to 45 percent rise in full-year headline earnings a share, it said yesterday, sending its shares more than 5 percent higher. Imperial said earnings a share would be between 22 percent and 42 percent higher for the year to June. The company said the results were bolstered by its motor retailing unit, which was benefiting from cost cuts and improved demand. It said its car rental division would reap limited benefits from the World Cup.

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Imperial earnings to rise 25% - 45%
11/05/2010 12:00:00 AM

UPDATE | Imperial Holdings said yesterday it expected an increase in headline earnings per share of 25%-45% for the year ending June, from 715c previously. The industrial services group expects an increase in earnings per share of 22%-42%, from 776c earlier. Headline earnings and earnings for the year include a gain of 37c per share from the reversal of provisions relating to the share trust.

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Imperial verwag hoër verdienste
10/05/2010 12:00:00 AM

Imperial Holdings het gister bekend gemaak dat hy 'n toename in wesensverdienste van 25% tot 45% per aandeel verwag wanneer sy resultate vir die finansiële jaar wat op 30 Junie vanjaar eindig, bekend gemaak word.

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Imperial expects FY profit rise
10/05/2010 12:00:00 AM

JOHANNESBURG (Reuters) - South African industrial group Imperial Holdings (JSE:IPLP) Ltd expects to report a 25-45 percent rise in full-year headline EPS boosted largely by its auto retailing unit, sending shares more than 5 percent higher. Imperial, whose activities cover auto retailing, rental and logistics, said on Monday earnings per share -- which normally includes one-off and financial items -- would be between 22-42 percent higher. The company said the results were largely bolstered by its auto retailing unit, which is benefiting from cost cuts and improved consumer demand.

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UPDATE 1-IMPERIAL sees higher FY profit, auto unit robust - RTRS
10/05/2010 12:00:00 AM

* JOHANNESBURG, May 10 (Reuters) - South African industrial group Imperial Holdings Ltd IPLJ.J expects to report a 25-45 percent rise in full-year headline EPS boosted largely by its auto retailing unit, sending shares more than 5 percent higher. Imperial, whose activities cover auto retailing, rental and logistics, said on Monday earnings per share -- which normally includes one-off and financial items -- would be between 22-42 percent higher. The company said the results were largely bolstered by its auto retailing unit, which is benefiting from cost cuts and improved consumer demand.

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Imperial Holdings Forecasts Increase of as Much as 42% in Profit
10/05/2010 12:00:00 AM

May 10 (Bloomberg) -- Imperial Holdings Ltd. forecast fiscal full-year earnings per share will rise between 22 to 42 percent from the 7.76 rand reported a year earlier.

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6th annual State of Logistics Survey
01/04/2010 12:00:00 AM

6th annual State of Logistics Survey

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PRIVATE INVESTOR: A graphic illustration of Imperial’s potential
30/03/2010 12:00:00 AM

MURPHY’s Law struck me again in the previous column. The sub- editors and I assiduously checked that all the commas and decimal points were right in the example of internal rate of return on Pick n Pay. However, I didn’t take into account my dysfunctional dyslexic keyboard.

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Imperial Logistics acquires 51% of e-Logics
26/03/2010 12:00:00 AM

IMPERIAL Logistics, a division of Imperial Holdings , announced yesterday that it had acquired 51% of e-Logics — effectively owning the majority stake in the private company. Cobus Rossouw, CEO of Imperial Logistics Integration Services, a unit of Imperial Logistics, said the acquisition assisted in the future positioning of Imperial Logistics, whose strategic thrust was to offer end- to-end supply chain management solutions. Its parent, Imperial Holdings, is on the acquisition trail, aiming to bolster its logistics business as well as its tourism and car rental businesses. Imperial Logistics declined to disclose the value of this acquisition. E-Logics, which was formed in 2000, would help the company develop specialised software not only for logistics and supply chain management, but also transportation and asset management, Rossouw said.

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New R200m joint Venture
26/03/2010 12:00:00 AM

VEHICLE AND ASSET FINANCIER WesBank has jointed hands with automotive and logistics group IMPERIAL to form a new business.

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PRIVATE INVESTOR: Imperial could have been the ‘Power Ball’
25/03/2010 12:00:00 AM

I DIDN’T intend that the list of the finalists for the High Yield portfolio should be unveiled in the form of an “Oscars” presentation. The six counters were selected a while ago and there was no reason to delay their unveiling, especially as most of them are also counters in the Private Investor portfolio. The constituents in the High Yield portfolio with the market prices at which their shares were bought are bought are: Grindrod at R17,20, Hudaco at R65, Metropolitan Holdings at R13,35, Pick n Pay at R40,30, Reunert at R65 and Stefanutti Stocks Holdings at R10,80. Today, though, I’m focusing on Imperial Holdings which is one of the heavyweights in Jean’s and my main portfolio. Imperial was not on the short list for the High Yield portfolio because it didn’t meet the historic dividend yield criterion. As you are aware, over the past two years Imperial has streamlined its operations and has disposed some of its operational assets it considered to be noncore, a large chunk of these having been unbundled in a separate listed entity Eqstra.

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IMPERIAL buys stake in MiX
11/03/2010 12:00:00 AM

Johannesburg - Vehicle tracking group MiX Telematics (MiX) said on Thursday that diversified industrial holdings group Imperial has acquired a strategic stake of 25.4% in MiX. MiX pointed to an existing business relationship with Imperial through Imperial's almost 250 new and used vehicle dealerships.

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UPDATE 1-S.Africa's IMPERIAL buys into MiX Telematics - RTRS
11/03/2010 12:00:00 AM

* Deal to strengthen relationship
* Imperial shares up 1.78 pct, Mix up 3.57 pct

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IMPERIAL buys stake in vehicle tracking firm MiX
11/03/2010 12:00:00 AM

JSE-listed automotive and logistics group Imperial has acquired a 25,4% stake in MiX Telematics (MiX), a company with interests in vehicle tracking and fleet management in South Africa and abroad. In South Africa, the Matrix vehicle tracking brand is the third largest vehicle-tracking supplier, Imperial reported on Thursday. Imperial CEO Hubert Brody said the acquisition of a strategic holding in MiX would further strengthen the relations between the two companies.

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IMPERIAL to cash in on SA tourism boom
08/03/2010 12:00:00 AM

MOEKETSI Mosola, CE of the tourism division of industrial giant Imperial , has big plans to grow the tourism portfolio, including launching a metered taxi business and expanding its touring and coach business, Springbok Atlas. The appointment of Mosola in July last year confirmed Imperial’s intention to build its tourism division, despite selling its 61,8% stake in Tourvest — to a consortium including Guma Tourism and management — for R1,7bn last year. What remains in the car rental and tourism division is Europcar, Tempest Care Hire, Springbok Atlas, Imperial Chauffeur Drive and Grosvenor Tours. In the six months to end-December the division turned over R1,4bn, translating into an operating profit of R169m. “Imperial never intended to get out of tourism,” says Mosola of the Tourvest sale. “What has changed is Imperial’s strategy. We want businesses that are asset light and provide good margins.

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IMPERIAL and Wesbank to team up with new venture in fleet leasing
05/03/2010 12:00:00 AM

IMPERIAL Holdings, the transport and logistics group, and Wesbank, the vehicle financier, will commit R100m in seed capital to a 50-50 joint venture that seeks to boost both companies’ presence in the fleet market. In terms of the deal announced yesterday, the new venture, to be called Imperial Fleet Management and to become a Wesbank division, will offer vehicle leasing solutions to corporate fleet clients. By creating the leasing or rental option, the deal signals that fleet companies are keen on easing the pressure on their balance sheets by entering into off-balance-sheet transactions. Imperial will provide vehicles and full maintenance through its 250-dealer network, while Wesbank will bring funding as it has access to “competitive funding”.

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Wesbank and IMPERIAL form fleet management alliance
04/03/2010 12:00:00 AM

Vehicle and asset financier Wesbank has taken hands with automotive and logistics group Imperial to form a new business known as Imperial Fleet Management on Thursday.Wesbank CEO Brian Riley told Engineering News Online at a media briefing in Johannesburg that the new business would offer customers a comprehensive fleet management solution."The new business is able to cover everything from full maintenance rental to managed maintenance. It further offers customers value-added products and services from roadside assistance and fuel cards to accident management."Riley said that Wesbank was currently in "growth mode" and that the company saw great potential to grow in the fleet management market, of which it currently only holds a small marketshare.He added that as the biggest motor vehicle retail brand in South Africa, representing more than 250 dealers and all major vehicle brands, Imperial was an ideal partner for this venture.

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IMPERIAL HOLDINGS Long-term view
04/03/2010 12:00:00 AM

IMPERIAL Holdings was among the first of the large local industrial groups to show a sharp deterioration in its financial performance as markets turned downwards more than a year ago. It is now proving to be among the first to recover.

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IMPERIAL launches fleet division
04/03/2010 12:00:00 AM

Johannesburg - Diversified industrials giant Imperial on Thursday announced the launch of a new business division, which aims to boost the automotive company's vehicle sales figures and exposure to South Africa's sizeable fleet market. The operational unit is called Imperial Fleet Management and will be run in partnership with vehicle financier Wesbank. The pair will provide a range of fleet solutions to medium- and large-sized businesses. These include roadside assistance and fleet consulting. Corporates effectively rent the cars from the fleet management company. "We have got to point where we can no longer ignore the fleet market," said Imperial CEO Hubert Brody.

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Backers chew over Imperial moves
25/02/2010 12:00:00 AM

Johannesburg - Industrial holdings group Imperial is set to significantly bulk up its logistics division. So said analysts who Fin24.com spoke to after the company announced it's on an acquisition hunt and is willing to spend as much as a fifth of its market capitalisation. "The message is that [Imperial's] slimming down period is over and they are once again looking at bulking up in the core areas," said Paul Theron from Vestact. Kurt Benn, senior portfolio manager at Cadiz Asset Management, said the obvious area where Imperial could beef-up its business is logistics.

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Engineering News 25/02/10
25/02/2010 12:00:00 AM

South Africa’s biggest vehicle importer, Associated Motor Holdings (AMH), responsible for bringing Hyundai, Kia, Daihatsu and Tata to the country, saw sales increase by 22% in 2009 compared with 2008, says CE Manny De Canha – this as the total new vehicle market declined by 26% last year. AMH’s performance somewhat mirrors Hyundai’s global success. The Korean company has edged out the competition to become the world's fourth-biggest producer of cars. Imperial owns 90% of AMH, and AMH 50% of Renault South Africa.

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Moneyweb 25/02/10
25/02/2010 12:00:00 AM

A NEW set of acquisition filters will prevent Imperial Group from resuming the break-neck speed of growth of the Bill Lynch years, warns new CEO Hubert Brody.

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Unaudited interim results for the six months ending 31 December 2009
24/02/2010 12:00:00 AM

These pleasing results are indicative of the resilience of Imperial after its recent restructuring and viewed against the challenging trading conditions experienced in most of its markets.

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Business Day 23/02/2010
23/02/2010 12:00:00 AM

Imperial Holdings has a stronger balance sheet since restructuring, equity analysis say. Its interim results, to be released tomorrow, should show the benefits of hard decisions taken to restructure and cut costs over the past 18 months, said Cavan Osborne of Old Mutual Investment.

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Imperial -- trading statement
04/02/2010 12:00:00 AM

In respect of the half year ended 31 December 2009 and update on the sale of Imperial's shareholding in Imperial Bank Headline Earnings per Share ("HEPS") and Earnings per Share ("EPS")are expected to be as follows:

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Logistics group invests in lower-emission truck fleet
15/01/2010 12:00:00 AM

Imperial Logistics has ordered five Euro V trucks from Mercedes-Benz South Africa (MBSA) in an effort to curb its emissions footprint, with the promise to buy a 100 more each year as soon as cleaner fuels are available in South Africa. South African legislation enforces the use of only Euro II engines on trucks, as from 2010.

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Rating Action: Moody's Affirms IMPERIAL Group (Pty) Ltd's Baa3 Global Scale Rating and Upgrades it's National Scale Rating to A2.za; Outlook Stable
24/11/2009 12:00:00 AM

Johannesburg, November 24, 2009 -- Moody;s Investor Service today affirmed the long term issuer rating of IMPERIAL Group (Pty)Ltd ("IMPERIAL") of Baa3 and changed its outlook to stable from negative" Moody's also affirmed other related global scale debt ratings of IMPERIAL, and changed the outlook to stable from negative...

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IMPERIAL benefits from restructuring
26/08/2009 02:00:00 AM

IMPERIAL Holdings today reported sound results for the year ended on 30 June 2009, displaying strong capital management and cash flow, with headline earnings per share 13% higher than last year. Highlights include: • HEPS from continuing operations 13% higher at 698 cents • Cash generated by continuing operations 43% increased to R5,2 billion • Revenue from continuing operations 7% lower at R52,2 billion • Operating profit 16% dropped to R2,5 billion • A strong balance sheet • A final dividend of 120 cps

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IMPERIAL Holdings Limited - Audited Preliminary Results for the year ended 30 June 2009
26/08/2009 01:00:00 AM

HEPS from continuing operations 13% higher to 698 cents Cash generated by continuing operations 43% higher to R5,2 billion Revenue from continuing operations 7% lower to R52,2 billion Operating profit 16% lower to R2,5 billion A strong balance sheet A final dividend of 120 cents per share

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IMPERIAL Holdings Limited - Further Cautionary Anouncement
25/08/2009 12:00:00 AM

Shareholders are referred to the cautionary announcement released on SENS on 29 May 2009 and 13 July 2009, and the voluntary announcement dated 14 August 2009, informing shareholders that IMPERIAL had entered into discussions with Nedbank Group Limited regarding IMPERIAL Bank Limited. Shareholders are advised that these discussions are still in progress and accordingly shareholders are advised to continue to exercise caution when dealing in IMPERIAL`s securities until a further announcement is made.

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IMPERIAL -- to take control of Midas
24/08/2009 12:00:00 AM

IMPERIAL Holdings, the listed transport and mobility group, intends to acquire a majority shareholding in Midas through the purchase of a further 50% stake in the distribution of automotive parts.

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Voluntary announcement regarding the disposal of IMPERIAL Holdings’ interests in IMPERIAL Bank Limited (“IMPERIAL Bank” or “the bank”) to Nedbank Group Limited (“Nedbank”)
14/08/2009 12:00:00 AM

Shareholders are referred to the cautionary announcement released on the Securities Exchange News Service on 29 May 2009, and renewed on 13 July 2009, advising shareholders that IMPERIAL had entered into discussions with Nedbank regarding the disposal to Nedbank of the remaining shares in IMPERIAL Bank not already owned by Nedbank.

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Trading statement in respect of the financial year ended 30 June 2009
13/08/2009 12:00:00 AM

Headline Earnings per Share (“HEPS”) and Earnings per Share (“EPS”) is expected to be as follows:

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Further cautionary announcement
13/07/2009 12:00:00 AM

Shareholders are referred to the cautionary announcement released on SENS on 29 May 2009 informing shareholders that IMPERIAL had entered into discussions with Nedbank Group Ltd regarding IMPERIAL Bank Limited.

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Changes to the board
29/06/2009 12:00:00 AM

IMPERIAL wishes to announce that Mr Moeketsi Mosola and Ms Berenice Francis have been appointed to its executive committee.

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IMPERIAL venture to sell Chinese cars
05/06/2009 12:00:00 AM

According to Business Report, IMPERIAL has acquired a 50% stake in McCarthy Automobile Distributors to create a joint venture import and distributorship company for Chinese cars in South Africa.

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IMPERIAL investigating new acquisitions
03/06/2009 12:00:00 AM

IMPERIAL's CEO, Hubert Brody, was quoted in Business Day as saying that acquisition opportunities were "opening up now".

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Cautionary Announcement
29/05/2009 12:00:00 AM

Shareholders are advised that IMPERIAL has entered into discussions with Nedbank Group Limited ("NGL")...

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Change To The IMPERIAL Holdings Board
26/05/2009 12:00:00 AM

In compliance with the Listings Requirements of the JSE Limited the following information is provided:

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Changes to the executive committee
15/05/2009 12:00:00 AM

Changes to the IMPERIAL Holdings Executive Committee and Senior Management In compliance with the listings requirements of JSE Ltd the following information is provided:

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Cargo Motors wins Mercedes-Benz SA Dealer of the Year Award 2009
24/03/2009 12:00:00 AM

Cargo Motors a division of IMPERIAL Motor Division wins Mercedes-Benz SA Dealer of the year award for 2009

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IMPERIAL gets better rating
27/02/2009 12:00:00 AM

Business Day reported that IMPERIAL jumped 4.5% to R48.89 on Thursday, 27 February 2009, before ending the day at R46.95. IMPERIAL was rated "equal-weight" in new coverage at Morgan Stanley.

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Unaudited results for the half-year ended 31 December 2008
25/02/2009 12:00:00 AM

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Minister opens R3mil admin block for poor school
17/02/2009 12:00:00 AM

Vlakfontein - Education Minister Naledi Pandor officially opened a R3 million administration block at the Inkululeko Primary School in Vlakfontein on Tuesday. The building boasts a staffroom, general office, kitchen, bookroom, printing room, sick room, TV equipment and library books which will help close the gap between rich and poor schools in terms of resources. The building was a result of a partnership between the IMPERIAL Group and Ukhamba Community Development Trust, which contributes a total of R5 million towards upgrading the school since 2004.

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Trading update 30 Jan 09
30/01/2009 12:00:00 AM

In compliance with 3.4(b) of the JSE Listings Requirements, the following information is provided for the half year ended 31 December 2008: In order to provide meaningful guidance to shareholders, ranges are provided for Headline Earnings per Share (“HEPS”) and Earnings per share (“EPS”) on continuing operations. Ranges are also provided on total earnings, including both continuing and discontinued operations.

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Directors Trading MP de Canha 12 Dec 08
12/12/2008 12:00:00 AM

Name of director: MP de Canha Class of security: Ordinary shares Nature of transaction Purchase Nature and extent of director's interest in transaction: Indirect/beneficial

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Directors Trading MP de Canha 26 Nov 08
26/11/2008 12:00:00 AM

Name of director: MP de Canha Class of security: Ordinary shares Nature of transaction Purchase Nature and extent of director's interest in transaction: Indirect/beneficial

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PROVISION OF ADDITIONAL ACCEPTABLE COLLATERAL AND WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT ISSUED BY LEREKO
21/11/2008 12:00:00 AM

Due to market volatility and the resultant decline in share prices, the funding structure of the IMPERIAL Black Economic Empowerment (“BEE”) transaction which was entered into between IMPERIAL and Lereko in 2005, has come close to the share price cover trigger levels contained in the funding agreements. Hence it has become imperative that steps be taken to prevent breaching these share price cover trigger levels.

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IMPERIAL -- update on trading environment
20/11/2008 12:00:00 AM

Given the current market conditions and global economic slowdown, IMPERIAL wishes to provide investors with an update on the prevailing conditions in the markets in which IMPERIAL operates and the impact thereof on the group over the first four months of the financial year.

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Directors Trading MP de Canha 17 Nov 08
17/11/2008 12:00:00 AM

Name of director: MP de Canha Class of security: Ordinary shares Nature of transaction Purchase Nature and extent of director's interest in transaction: Indirect/beneficial

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SENS trading conditions update 17 Nov 08
17/11/2008 12:00:00 AM

Given the current market conditions and global economic slowdown, IMPERIAL wishes to provide investors with an update on the prevailing conditions in the markets in which IMPERIAL operates and the impact thereof on the group over the first four months of the financial year.

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Directors Trading MP de Canha 10 Nov 08
04/11/2008 12:00:00 AM

Name of director: MP de Canha Date of transaction: 4 November 2008 Class of security: Ordinary shares Nature of transaction Purchase Nature and extent of director's interest in transaction: Indirect/beneficial Number of shares: 1 674 Price per share: R53.00 Total value of transaction: R88 722.00

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IMPERIAL -- results of annual general meeting
03/11/2008 12:00:00 AM

Shareholders of IMPERIAL are advised that the ordinary and special resolutions proposed at the annual general meeting held on Tuesday, 4 November 2008 were approved by the requisite majorities. Copies of special resolutions will be lodged with the Registrar of Companies for registration as required by the Companies Act, 1973, as amended.

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Directors Trading MP de Canha 3 Nov 08
31/10/2008 12:00:00 AM

Name of director: MP de Canha Date of transaction: 31 October 2008 Class of security: Ordinary shares Nature of transaction Purchase Nature and extent of director's interest in transaction: Indirect/beneficial Number of shares: 419 Price per share: R54.50 Total value of transaction: R22 835.50

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IMPERIAL-- changes to the board
09/10/2008 12:00:00 AM

IMPERIAL wishes to announce that Mr Nazeer Hoosen has resigned as executive director and member of the executive committee of IMPERIAL, effective 30 November 2008. Mr Hoosen has also resigned as joint managing director of Regent, the group's insurance division. Mr Jurie Strydom, who has served on the board of Regent Life since 1 June 2007, will be appointed the new joint managing director of Regent. He is a qualified actuary and previously headed the Specialised Life and Actuarial units of Regent.

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IMPERIAL -- financial statements and AGM
30/09/2008 12:00:00 AM

Shareholders are advised that the group's 2008 annual financial statements have been posted on 30 September 2008. There have been no material changes to the preliminary results published in the press on 27 August 2008 save for certain misallocations within the segment reports. The above misallocations have no impact on attributable profits, earnings per share or total debt.

Shareholders are further advised that the annual general meeting of the company will be held on Tuesday 4 November 2008 at 09:00 at the registered office of the company, IMPERIAL Place, Jeppe Quondam, 79 Boeing Road East, Bedfordview. The notice of the annual general meeting is contained in the annual financial statements posted to shareholders on 30 September 2008

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Directors Trading MP de Canha 25 Sept 08
25/09/2008 12:00:00 AM

Name of director: MP de Canha Nature of transaction: Purchase of shares Class of security: Ordinary shares Nature and extent of director's interest in transaction: Direct/beneficial

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Directors Trading HR Brody 12 Sept 08
10/09/2008 12:00:00 AM

Name of director: HR Brody Date of transaction: 10 September 2008 Class of security: Preference shares Nature of transaction Purchase Nature and extent of director's interest in transaction: Direct/beneficial Number of shares: 250 Price per share: R86.00 Total value of transaction: R21 686.24

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Directors Trading HR Brody 9 Sept 08
09/09/2008 12:00:00 AM

Name of director: HR Brody Date of transaction: 9 September 2008 Class of security: Preference shares Nature of transaction Purchase Nature and extent of director's interest in transaction: Direct/beneficial Number of shares: 3 450 Price per share: R86.00 Total value of transaction: R296 700

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Audited Preliminary Results
27/08/2008 12:00:00 AM

Audited Preliminary Results for the period ended 30 June 2008
Major restructuring substantially completed
Significantly strengthened balance sheet
Revenue from continuing operations up 3% to R56 billion
Headline earnings per share from continuing operations down 49% to 615 cents
Lower profits from motor and related operations, but strong performance from logistics in Southern Africa and Europe
Once-off charge of R2,3 billion relating to discontinued operations
Final dividend of 245 cents per share

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IMPERIAL Logistics Announces RP Logistix Acquisition
30/07/2008 12:00:00 AM

Johannesburg, South Africa, 31 July 2008 – IMPERIAL Logistics today announced the acquisition of 60% of RP Logistix, extending its service offering to existing and new customers, while growing its business nationally and cross-border into Southern Africa. Ukhamba Holdings, IMPERIAL’s BEE partner, acquired a further 20%, with management holding the balance of 20% of RP Logistix.

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IMPERIAL expands container network in waterways of Europe
27/07/2008 12:00:00 AM

IMPERIAL Holdings Limited’s international logistics business is expanding its activities in the booming global container business. Two new, modern, high capacity container terminals covering a total area of 67,000 square metres, are being built in the ports of Krefeld and Duisberg, in the lower Rhine region. The first will be commissioned in October this year and the second in the first quarter of 2009. The Duisburg port authority “Duisport” and IMPERIAL are jointly investing in the new terminal at Duisburg. Both contracts have a 20 year term. Furthermore, a 50,000 square meter rail container terminal is being built in Cologne which will also be managed by the IMPERIAL group.

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IMPERIAL - Trading Statement
08/07/2008 12:00:00 AM

Shareholders are advised that for the financial year ended 30 June 2008, Headline Earnings per Share on continuing businesses, is expected to be between 639c and 576c which is between 49% and 54% lower than the previous corresponding period's HEPS of 1252c on continuing businesses. The expected HEPS on continuing businesses includes an unusual foreign exchange gain, an impairment of the loan to the share purchase trust, and an impairment of the group's investment in Lereko Mobility, all of which are of a non-trading nature and resulted in a net reduction of continuing HEPS of approximately 175c.

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Appointment of non-executive director
30/06/2008 12:00:00 AM

IMPERIAL is pleased to announce the appointment of Mr Schalk Engelbrecht as non-executive director to the board of IMPERIAL Holdings Limited. Mr Engelbrecht is the previous Chief Executive Officer of AECI and is currently a non-executive director of that company.

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Disposal of IMPERIAL Multipart
12/06/2008 12:00:00 AM

IMPERIAL shareholders are advised that IMPERIAL Multipart (Holdings) Limited ("Multipart"), a UK based wholly owned subsidiary of IMPERIAL, has been sold to the Yelestre Holdings Limited, a company controlled by Multipart Management.

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Analyst Presentations
20/05/2008 12:00:00 AM

Download presentations to analysts:
      Car Rental and Tourism Division - May 16, 2008
      IMPERIAL Logistics- May 19, 2008 (5.2 MB)
      IMPERIAL Logistics- May 19, 2008 PDF Version (2 MB)

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Business Update
16/05/2008 12:00:00 AM

Update on progress regarding strategic initiatives and the current trading environment
IMPERIAL announced in August 2007 that the group`s portfolio of businesses was being reassessed in pursuit of the optimal business mix, given the economic outlook, the cost of capital and our proven skills. To this end, the allocation of capital and the strategic focus of the group were to be addressed.

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Announcement: Eqstra Holdings Limited
14/05/2008 12:00:00 AM

South African taxation considerations regarding the unbundeling of shares in Eqstra Holdings Limited ("Eqstra")

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Regent Life and Regent Insurance merger
12/05/2008 12:00:00 AM

IMPERIAL Holdings Limited is considering a merger of the Regent Life and Regent Insurance businesses, which comprise the majority of IMPERIAL`s insurance division. This closely follows the recent sale of 65% of IMPERIAL Re to Flagstone Re of Bermuda, and is a further step taken in the streamlining of the IMPERIAL group.

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Appointment of chairman and deputy chairman
03/04/2008 12:00:00 AM

Following the untimely death of Mr Leslie Boyd, the Chairman of IMPERIAL Holdings, the board of IMPERIAL announces the following important appointments with immediate effect.

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IMPERIAL Circular and Eqstra Pre-listing statement
20/03/2008 12:00:00 AM

A circular to IMPERIAL shareholders relating to the proposed distribution of all the shares held by IMPERIAL in Eqstra to IMPERIAL ordinary shareholders, in the entitlement ratio of 1:1, in terms of section 90 of the Companies Act and in accordance with section 46 of the Income Tax Act;
A pre-listing statement of Eqstra relating to the listing of Eqstra on the JSE Limited with effect from the commencement of business on 12 May 2008

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Lereko Mobility Debenture Holders Circular
20/03/2008 12:00:00 AM

relating to the:
• impact of the unbundling by IMPERIAL of Eqstra on the redeemable equity-linked debentures; and
• amendments to the debenture trust deed; and including:
– a notice of general meeting of debenture holders incorporating a special resolution regarding the proposed amendments to the debenture trust deed; and
– a form of proxy (green) for use by certificated debenture holders and own name dematerialised debenture holders only.

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Financial effects and salient dates announcement
19/03/2008 12:00:00 AM

Financial effects and salient dates announcement relating to the proposed listing on the main board of the JSE Limited of IMPERIAL’s Leasing and Capital Equipment division, the unbundling of IMPERIAL’s interest in the Leasing and Capital Equipment division, the proposed buy-out of MCC minority shareholding and withdrawal of cautionary announcement.

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Detailed cautionary announcement
27/02/2008 12:00:00 AM

Detailed cautionary announcement regarding the proposed listing on the JSE Limited of IMPERIAL’s Leasing and Capital Equipment division and the unbundling of 100% of IMPERIAL’s interest in the Leasing and Capital Equipment division and the proposed buy-out of MCC minority shareholding.

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Unaudited results for the 6 months ended 31 Dec 2007
27/02/2008 12:00:00 AM

The disappointing growth in operating performance was caused principally by difficult conditions in the IMPERIAL’s consumer-led motor retailing and related operations. Sales in the Group’s motor dealership and distributorship businesses were 7% lower than the corresponding period last year, while the combined operating margin of these operations declined from 4.5% to 3.7%. The decline in vehicle sales is a result of consumer belt-tightening following eight consecutive 50 point interest rate hikes between June 2006 and November 2007 and the introduction of the National Credit Act in June 2007. The new act also negatively impacted on business in IMPERIAL’s vehicle related insurance companies.

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IMPERIAL – trade update and cautionary
24/01/2008 12:00:00 AM

The last cautionary announcement regarding these initiatives was published on 13 December 2007. While good progress has been made over the festive season, the status of the projects has not materially changed. The investigation into various alternatives regarding the Leasing and Capital Equipment division, primarily focusing on the potential unbundling of the division, is continuing. IMPERIAL is in exclusive discussions with prospective acquirers of the group's remaining aviation assets (excluding NAC).

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Former IMPERIAL CEO Bill Lynch passed away
22/01/2008 12:00:00 AM

It is with great sadness that IMPERIAL announces that Mr Bill Lynch, the previous Chief Executive and a non-executive director of IMPERIAL passed away on 21 January 2008.

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Update and cautionary announcement
13/12/2007 12:00:00 AM

Update on restructuring, asset disposals, closure of CVH, operations, trading statement, change of financial year end and cautionary announcement

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Sale Of Air Contractors And Naturelink
13/11/2007 12:00:00 AM

Pursuant to its previously announced intention to dispose of its Aviation division, IMPERIAL Holdings has reached agreement for the disposal of the Air Contractors group (ACL), its European airfreight and leasing business to CMB n.v., a listed Belgian shipping and logistics group.

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Cautionary announcement and review
01/11/2007 12:00:00 AM

Leasing and capital equipment division, cautionary announcement and review of current trading

IMPERIAL announced in August this year that it would review its business portfolio with a view to optimize the usage of capital, gearing capacity and growth prospects. In addition to the proposed disposal of Tourvest and the major elements of the Aviation business, IMPERIAL has identified its leasing and capital equipment division (“Leaseco”) as a business requiring further investigation in this regard.

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Audited Preliminary Results: year ended 25 June 2007
29/08/2007 12:00:00 AM

Headline earnings per share up 17% to 1 434 cents
Revenue up 22% to R66,2 billion
Attributable profit up 24% to R2 776 million
Annual distribution to shareholders up 18% to 560 cents per share
download

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Changes to executive responsibilities
02/08/2007 12:00:00 AM

IMPERIAL is pleased to announce that Osman Arbee, the chief executive of the Car Rental and Tourism Division (excluding Tourvest), will also assume responsibility for the Motor Division and the Automotive Parts Distribution businesses in South Africa and in the United Kingdom.

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Appointment of new Chief Executive Officer
04/07/2007 12:00:00 AM

The board is pleased to announce the appointment of Mr Hubert Brody (43) as IMPERIAL’s new Chief Executive Officer.

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Changes to the board and management
24/05/2007 12:00:00 AM

Mr Ralph Boettger, the executive director responsible for logistics, aviation and the group's heavy commercial vehicle distribution operations, has resigned as director and member of the executive committee of IMPERIAL Holdings with effect from 31 May 2007.

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IMPERIAL delivers solid first half performance
28/02/2007 12:00:00 AM

Transportation and mobility group IMPERIAL Holdings today announced solid results for the six months to 25 December 2006.

Financial and Operational Highlights

Headline earnings per share up 21% to 749 cents
Revenue up 29% to R33.4 billion
Attributable profit up 25% to R1 599 million
Strong cash flow and investment in growth opportunities
Distribution to shareholders up 22% to 280 cents per share
Operating profit at R2.5 billion up 17%, with the strongest contributions from the Leasing, Motor Dealerships and Insurance divisions.
Particularly rewarding exposure to the mining and construction industries through the newly acquired MCC group.

IMPERIAL announces transition to new Chief Executive
28/02/2007 12:00:00 AM

Transportation and mobility group, IMPERIAL Holdings today announced the transition to a new Chief Executive.

Bill Lynch has decided to announce his retirement as Chief Executive of IMPERIAL Holdings, effective 1 November 2007 or such later date as a suitable successor is appointed.

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IMPERIAL -- acquisition of Terex Africa
04/12/2006 12:00:00 AM

IMPERIAL has announced the acquisition of the entire issued share capital of Terex Africa (Pty) Ltd, the distributor for Sub-Saharan Africa of a comprehensive range of construction, mining, road building and other equipment.

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IMPERIAL Holdings delivers on growth initiatives with an outstanding earnings performance.
30/08/2006 12:00:00 AM

Transportation and mobility group IMPERIAL Holdings today announced an excellent set of results for the full year to 25 June 2006.

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Changes to the board and executive responsibilities
30/08/2006 12:00:00 AM

The growth of the IMPERIAL group has led to a significant increase in the areas of operation and responsibilities of the Executive management and divisional boards, overseen by the group Chief Executive, Bill Lynch. Bill has recently undergone surgery. He has recovered well and has returned to work after a short absence. In order to enhance the efficiency of the group’s operations under the direction of Bill, and to enable Bill to continue devoting his attention to growth opportunities and the larger strategic issues affecting the group, the areas of responsibility of the Executive Committee are being strengthened.

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IMPERIAL's Lynch wins World Entrepreneur award
12/06/2006 12:00:00 AM

IMPERIAL Holdings (IPL) CE Bill Lynch has become the first South African to win the prestigious Ernst & Young World Entrepreneur Award. Lynch won the award at a ceremony in Monte Carlo at the weekend.

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IMPERIAL raises €300 million in seven-year Eurobond
24/04/2006 12:00:00 AM

Transport group IMPERIAL, which raised €300 million (R2.2billion) in a seven-year Eurobond issue, is the latest in a series of South African companies to tap the offshore bond market. Upgraded to aBaa2 investment grade rating by Moody's Investors Service in January 2005, IMPERIAL follows other investment-rated, locally based companies to the international market.

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IMPERIAL Holdings reports increased revenue and profits following solid performances across the group.
02/03/2006 12:00:00 AM

Transportation and mobility group IMPERIAL Holdings today announced solid results for the six months to 25 December 2005.

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Acquisition of UK companies
15/02/2006 12:00:00 AM

The directors of IMPERIAL Holdings are pleased to announce that the company has acquired a group of companies in the United Kingdom from RAC plc for a total consideration of approximately £50 million on a debt free basis.

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IMPERIAL CEO comes out tops
03/11/2005 12:00:00 AM

IMPERIAL Holdings' (IPL) CEO Bill Lynch has been named Best Entrepreneur in the South African Chapter of the Ernst & Young World Entrepreneur Of The Year Awards for 2005/2006. The Best Entrepreneur category of the World Entrepreneur Of The Year Awards has been running in South Africa for the past eight years, while the Emerging Entrepreneur category made its debut this year.

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IMPERIAL Holdings delivers an outstanding year with headline earnings per share growth of 25%.
24/08/2005 12:00:00 AM

Transportation and mobility group IMPERIAL Holdings today announced outstanding results for the full year to 25 June 2005.

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Announcement on the implementation of International Financial Reporting Standards (IFRS)
24/08/2005 12:00:00 AM

The group has completed its initial assessment of the estimated impact of IFRS and the directors feel it is appropriate to update shareholders in this regard.

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IMPERIAL Holdings announces a 7.25% Black Economic Empowerment (“BEE”) transaction with Lereko Investments
05/04/2005 12:00:00 AM

IMPERIAL Holdings Limited (IMPERIAL) today announced that it intends to enter into a BEE transaction with Lereko Mobility (Proprietary) Limited (Lereko Mobility), whereby Lereko Mobility will acquire a 7.25% equity interest in IMPERIAL. Lereko Mobility is owned 49% by IMPERIAL and 51% by a company formed by a broad-based empowerment consortium, led by Lereko Investments (Proprietary) Limited (“Lereko Investments”).

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IMPERIAL buys 9 Ford dealerships in Sydney
04/02/2005 12:00:00 AM

IMPERIAL, the diversified mobility group has, subject to statutory approvals, entered the Australian car dealership market with the acquisition of nine Ford dealerships in the metropolitan areas of Sydney. Bill Lynch, CEO of IMPERIAL said the acquisition will make IMPERIAL the largest Ford dealer in Australia. "We believe that Ford will grow its market share in the fast growing Sydney market. Ford has some very attractive new models for that market, and we expect the brand to continue its recent advances. We are committed to devote sufficient financial and human resources to the opportunity to make it a great success," Lynch said. IMPERIAL acquired the dealerships from Ford Motor Company of the USA, which acquired the dealerships in 2000 as part of its global distribution strategy at that time. "The group has now returned to the basics of designing and manufacturing great motor vehicles, and is divesting of its interest in the Sydney dealerships," a spokesman for Ford Australia said.

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Moody’s upgrade IMPERIAL Holdings’ (South Africa) foreign currency credit rating.
04/02/2005 12:00:00 AM

Moody’s Investor Services (Moody’s) announced on Friday, 14 January 2005, that it has upgraded to Baa1, the foreign currency issuer rating of IMPERIAL Group (Pty) Ltd, fully and unconditionally guaranteed by IMPERIAL Holdings Ltd (IMPERIAL).

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