How Barloworld bounced back in 2021

Diversified industrial group Barloworld has bounced back during its 2021 financial year. The group has swung to headline earnings per share of R11.95 versus a headline loss per share of R2.86 a year ago. The improvement is as as a result of an impressive turnaround at the firm's Car Rental business which was hard hit by the fallout from Covid-19. The balance sheet recovery has allowed Barloworld to reward shareholders. The company has declared a special dividend of R11.50 per share and an ordinary dividend of R3 per share. Alishia Seckam spoke to Barloworld CEO Dominic Sewela about the company's prospects