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06-Sep-2018
(Official Notice)
Shareholders are referred to the cautionary announcement dated 1 February 2018 in which they were advised that the Company has received a non-binding expression of interest (?EOI?), which could possibly result in an offer being made to shareholders, and to the subsequent renewal of cautionary announcements, the last of which was dated 25 July 2018.



Constructive discussions with Cargo Carriers Holdings (Pty) Ltd. (?CCH?) ? which currently owns 61.11% of the issued share capital of the Company ? are continuing. However, to date such discussions have not resulted in a firm intention by CCH to make an offer in terms of the Companies Act, 2008.



Shareholders are accordingly advised to continue to exercise caution when dealing in their shares until a further announcement in this regard is made.
30-Jul-2018
(Official Notice)
Shareholders are advised that the AGM of shareholders was held on Thursday, 26 July 2018 and the details of the results of voting at the AGM are as follows:

*Total number of Cargo Carriers shares in issue at the date of the AGM: 21 052 632

*Total number of Cargo Carriers shares that were present/represented at the AGM: 16 232 263, being 77% of the total number of ordinary shares that could have been voted on at the AGM.



Change in designated audit partner

Shareholders are advised that Ms Busisiwe Ziningi Khoza has been appointed as the designated audit partner for the financial year ending 28 February 2019. Ms Khoza is replacing Mr David Ian Cathrall who is retiring from Ernst - Young (?EY?). The change in the designated audit partner is effective immediately. EY remains as the Company?s external auditor.
25-Jul-2018
(Official Notice)
Shareholders are referred to the cautionary announcement dated 1 February 2018 in which they were advised that the company has received a non-binding expression of interest (?EOI?), which could possibly result in an offer being made to shareholders, and to the subsequent renewal of cautionary announcements, the last of which was dated 14 June 2018.



Discussions with the interested party, Cargo Carriers Holdings (Pty) Ltd. (?CCH?) ? which currently owns 61.11% of the issued share capital of the company ? are continuing, but do not, at present, represent a firm intention by CCH to make an offer in terms of the Companies Act, 2008.



Shareholders are accordingly advised to continue to exercise caution when dealing in their shares until a further announcement in this regard is made.
20-Jul-2018
(Official Notice)
Cargo Carriers announced that the company has been classified as Black Owned, with a Black ownership level of 53.06% and Black Women ownership level of 12.55%.



The company?s Broad-Based Black Economic Empowerment Verification Certificate at level 2 is available on the company?s website, www.cargocarriers.co.za.
05-Jul-2018
(Official Notice)
Shareholders are hereby notified that in accordance with paragraph 16.20 (g) and Appendix 1 to Section 11 of the JSE Listings Requirements, the Company?s Annual Compliance Report, in terms of section 13G(2) of the Act, has been published and is available on the Company?s website, www.cargocarriers.co.za.



Cargo Carriers has achieved a Level 2 against the Road Freight Sub-Sector Code.
14-Jun-2018
(Official Notice)
Shareholders are referred to the cautionary announcement dated 1 February 2018 in which they were advised that the Company has received a non-binding expression of interest (?EOI?), which could possibly result in an offer being made to shareholders, and to the subsequent renewal of cautionary announcements, the last of which was dated 3 May 2018.



Discussions regarding the EOI are continuing, but do not, at present, represent a firm intention by the interested party to make an offer in terms of the Companies Act, 2008. Shareholders are accordingly advised to continue to exercise caution when dealing in their shares until a further announcement in this regard is made.
14-Jun-2018
(Official Notice)
Shareholders are advised that the Company?s Integrated Report incorporating, inter alia, the audited consolidated annual financial statements for the year ended 28 February 2018 and a notice of annual general meeting, was posted to shareholders on 13 June 2018 and is available on the Company?s website: www.cargocarriers.co.za. The audited consolidated annual financial statements contain no modifications to the condensed annual financial statements released on SENS on 29 May 2018.



Notice of Annual General Meeting

Notice was given that the annual general meeting of ordinary shareholders will be held at 09:00 on Thursday, 26 July 2018, at 11A Grace Road, Mountainview, Observatory, Johannesburg, to transact the business as stated in the notice of annual general meeting forming part of the Integrated Report.



Record Date

The record date on which shareholders of the Company must be registered as such in the Company?s securities register in order to attend and vote at the annual general meeting is Friday, 20 July 2018. The last day to trade in order to be eligible to vote at the annual general meeting will accordingly be Tuesday, 17 July 2018.



Retirement of Director

Shareholders are advised that Mr Alistair Franklin has advised the Board that as a result of his professional obligations as a Senior Counsel, he will not be available for re-election as a director of the Company at the annual general meeting and will accordingly retire from the Board with effect from 26 July 2018. The Board thanks Mr Franklin for his unwavering dedication and commitment to the Company over the past 15 years.
29-May-2018
(C)
Revenue from continuing operations increased to R645.6 million (2017: R581.7 million). Profit from operating activities increased to R21.7 million (2017: R4.4 million). Profit for the year from continuing operations attributable to equity holders of the parent was at R24.2 million (2017: loss of R2.2 million). Furthermore, headline earnings per share grew to 141.8 cents per share (2017: 46.6 cents per share).



Dividend declaration

Notice is hereby given that a gross final cash dividend (number 54) of 29.5 cents per share (2017: 4.0 cents) has been declared for the year ended 28 February 2018. The dividend has been declared out of income reserves. The dividend will be subject to a dividend withholding tax rate of 20% or 5.9 cents per ordinary share.



Prospects

The group is well positioned, both financially and operationally, for growth. Problematic contracts have received significant attention and we have divested from areas that were not sustainable. Through a relentless focus on efficiencies and ongoing engagement with our customers, underperforming contracts have been addressed. These interventions have created a profitable base for the business to build on. In the year ahead, we will look to capitalise on our investments in warehousing while evaluating opportunities for organic and inorganic growth. There continues to be a strong focus on improving our B-BBEE scorecard in light of the revised sector charter codes, ensuring that we have a meaningful impact on South Africa.

25-May-2018
(Official Notice)
Shareholders are referred to the trading statement released on SENS on 21 May 2018 and are advised that the Company expects to report an increase in both basic and diluted earnings per share and basic and diluted headline earnings per share from that which was previously advised. The revised expectations are set out below:



Basic and diluted earnings per share (?EPS?):

The combined EPS from total operations is expected to be between 122.5 cents per share and 127.1 cents per share for the year ended 28 February 2018, being an increase of between 6.5% and 10.5% compared to 115.0 cents per share in the prior year. However, a large component of the prior year EPS related to discontinued operations.



Accordingly, the following additional information is presented:

*EPS from continuing operations is expected to be between 122.5 cents per share and 127.1 cents per share, reflecting an increase in excess of 100% when compared to the loss per share from continuing operations of (11.5) cents per share for the prior year ended 28 February 2017; and

*As there were no discontinued operations for the current year, EPS from discontinued operations is expected to be nil cents per share compared to the EPS of 126.5 cents per share for the prior year ended 28 February 2017.



Basic and diluted headline earnings per share (?HEPS?):

The combined HEPS from total operations is expected to be between 137.2 cents per share and 146.5 cents per share for the year ended 28 February 2018, being an increase of between 194.3% and 214.3% compared to 46.6 cents per share in the prior year. Shareholders are however reminded, a large component of the prior year HEPS related to discontinued operations.



The financial information on which this trading statement is based has not been reviewed and reported on by the Company?s auditors. The Company expects its results for the period ended 28 February 2018 to be released on SENS on or about 31 May 2018.
21-May-2018
(Official Notice)
In accordance with paragraph 3.4(b) of the Listings Requirements of the Johannesburg Stock Exchange, shareholders are advised that for the year ended 28 February 2018:



Basic and diluted earnings per share (?EPS?):

The combined EPS from total operations is expected to be between 117.0 cents per share and 121.6 cents per share for the year ended 28 February 2018, being an increase of between 1.7% and 5.7% compared to 115.0 cents per share in the prior year. However, a large component of the prior year EPS related to discontinued operations. Accordingly, the following additional information is presented:

- EPS from continuing operations is expected to be between 117.0 cents per share and 121.6 cents per share, reflecting an increase in excess of 100% when compared to the loss per share from continuing operations of (11.5) cents per share for the prior year ended 28 February 2017; and

- As there were no discontinued operations for the current year, EPS from discontinued operations is expected to be nil cents per share compared to the EPS of the 126.5 cents per share for the prior year ended 28 February 2017.



Basic and diluted headline earnings per share (?HEPS?):

The combined HEPS from total operations is expected to be between 131.6 cents per share and 140.9 cents per share for the year ended 28 February 2018, being an increase of between 182.4% and 202.4% compared to 46.6 cents per share in the prior year. Shareholders are however reminded, a large component of the prior year HEPS related to discontinued operations.



The Company expects its results for the period ended 28 February 2018 to be released on SENS on or about 31 May 2018.
03-May-2018
(Official Notice)
Shareholders are referred to the cautionary announcement dated 1 February 2018, which advised that the Company has received a non-binding expression of interest (?EOI?), which could possibly result in an offer being made to shareholders, and to the renewal of cautionary announcement dated 15 March 2018, in which shareholders were advised that further non-binding EOIs have been received by the Company.



Shareholders are advised that an Independent Board of directors has carefully considered the EOIs received to date, and has concluded that the proposals contained in three of the four EOIs are not capable of being implemented. The relevant parties have been advised accordingly. Discussions regarding the remaining EOI are continuing, but do not, at present, represent a firm intention by the interested party to make an offer in terms of the Companies Act, 2008. Shareholders should, however, continue to exercise caution when dealing in their shares until further announcements in this regard are made.
15-Mar-2018
(Official Notice)
Shareholders are referred to the cautionary announcement dated 1 February 2018 advising that the Company has received a non-binding expression of interest (?EOI?) which could possibly result in an offer being made to shareholders. Subsequent to that announcement, further non-binding EOIs have been received by the Company.



Shareholders are advised that whilst discussions are continuing, they do not at present represent an intention to make an offer in terms of the Companies Act, 2008, and shareholders are accordingly advised to continue to exercise caution when dealing in their shares until further announcements in this regard are made.

01-Feb-2018
(Official Notice)
Shareholders are advised that a non-binding expression of interest to acquire the Company has been received, which could possibly result in an offer being made to all shareholders. While the discussions do not at present represent an intention to make an offer in terms of the Companies Act, 2008, shareholders are urged to exercise caution when dealing in their shares until further announcements in this regard are made.

09-Jan-2018
(Official Notice)
Shareholders are referred to the announcement released on SENS on 18 October 2017 relating to the appointment of Mr Lekau (Solly) Letsoalo as Chief Executive Officer (?CEO?) of Cargo Carriers with effect from 8 January 2018 and are advised that during the leadership transition period and up until 16 March 2018, Mr Murray Bolton will continue to serve as an Executive Director of the Company, whereafter his role will change to that of Non-Executive Director.

26-Oct-2017
(C)
Revenue for the interim period increased to R312.8 million (2016: R290.3 million), profit from operating activities soared to R15.3 million (2016: R4.4 million), profit for the year from continuing operations turned around to R12 million (2016: loss of R759 000), while headline earnings per ordinary share from continuing operations jumped to 67 cents per share (2016: 11.9 cents per share).



Dividend declaration

The board has decided to declare a gross interim cash dividend (number 53) of 6 cents per share (2016: 8.0 cents) for the period ended 31 August 2017.



Company prospects

The group has identified key operational and strategic objectives for the remaining six months. Opportunities for organic and inorganic growth are being evaluated, key areas in which operational efficiencies can be obtained have been defined and monitored. There is a strong focus on improving our BBBEE scorecard in light of the revised sector charter codes, although this is not yet effective.
23-Oct-2017
(Official Notice)
Shareholders are advised that for the six-month period ended 31 August 2017:



Basic and diluted earnings per share ("EPS") movements are expected to be as follows:

- EPS from continuing operations is expected to be between 61.41 cents per share and 62.19 cents per share, reflecting an increase of between 1678.66% and 1698.71% respectively, when compared to the loss per share from continuing operations of (3.89) cents per share for the prior period ended 31 August 2016;

- As there were no discontinued operations for the current year, EPS from discontinued operations is expected to be nil cents per share, reflecting a decrease of 100%, when compared to the EPS of 129.83 cents per share for the prior period ended 31 August 2016; and

- Therefore EPS from total operations is expected to be between 62.19 cents per share and 61.41 cents per share, reflecting a decrease of between 50.62% and 51.23% respectively, when compared to the EPS of the 125.93 cents per share reported for the prior period ended 31 August 2016.



Basic and diluted headline earnings per share ("HEPS") movements are expected to be as follows:

- HEPS from continuing operations is expected to be between 65.81 cents per share and 68.19 cents per share, reflecting an increase of between 454.42% and 474.47% respectively, when compared to the HEPS of 11.87 cents per share for the prior period ended 31 August 2016;

- HEPS from discontinued operations is expected to be nil cents per share, reflecting a decrease of 100%, when compared to the HEPS of 18.16 cents per share for the prior period ended 31 August 2016; and

- Therefore HEPS from total operations is expected to be between 65.81 cents per share and 68.19 cents per share, reflecting an increase of between 119.15% and 127.07% respectively, when compared to the HEPS of 30.03 cents per share reported for the prior period ended 31 August 2016.



The Company expects its results for the period ended 31 August 2017 to be released on SENS on or about 24 October 2017.
18-Oct-2017
(Official Notice)
The board of directors of Cargo announced the appointment of Mr Lekau (Solly) Letsoalo as Chief Executive Officer and an executive director of Cargo with effect from 8 January 2018. Mr Murray Bolton remains available to the company to ensure a smooth leadership transition.
22-Sep-2017
(Official Notice)
Shareholders are hereby notified that in accordance with paragraph 16.20 (g) and Appendix 1 to Section 11 of the JSE Listings Requirements, the Company?s Annual Compliance Report, in terms of section 13G(2) of the Act, has been published and is available on the Company?s website, www.cargocarriers.co.za.

31-Jul-2017
(Official Notice)
Shareholders are advised that at the Annual General Meeting (?AGM?) of shareholders held on Thursday, 27 July 2017, all the resolutions tabled at the meeting were passed by the requisite majority of shareholders.



Restructuring of the Board Committees

As announced on SENS on 6 June 2017, Mrs MJ Vuso retired from the Cargo Carriers board at the AGM. Following Mrs Vuso?s retirement, the following changes have been made to the Board committees:



Audit and Risk Committee

Mr SF Nomvalo has been appointed as Chairperson of the Audit - Risk Committee



Social - Ethics Committee

Ms Amanda Gcabashe has been appointed as Chairperson of the Social - Ethics Committee



Remuneration Committee

Ms Amanda Gcabashe has been appointed as a member of the Remuneration Committee.



Nominations Committee

Ms Amanda Gcabashe has been appointed as a member of the Nominations Committee.
26-Jun-2017
(Official Notice)
Shareholders are advised that the Company?s Integrated Report incorporating, inter alia, the audited consolidated annual financial statements for the year ended 28 February 2017 and a notice of annual general meeting, was posted to shareholders on 26 June 2017 and is available on the company?s website: www.cargocarriers.co.za. The audited consolidated annual financial statements contain no modifications to the condensed annual financial statements released on SENS on 6 June 2017.



Notice of Annual General Meeting

Notice is hereby given that the annual general meeting of ordinary shareholders will be held at 09:00 on Thursday, 27 July 2017, at 11A Grace Road, Mountainview, Observatory, Johannesburg, to transact the business as stated in the notice of annual general meeting forming part of the Integrated Report.



Record Date

The record date on which shareholders of the Company must be registered as such in the company?s securities register in order to attend and vote at the annual general meeting is Friday, 21 July 2017. The last day to trade in order to be eligible to vote at the annual general meeting will accordingly be Tuesday, 18 July 2017.
06-Jun-2017
(C)
Revenue from continuing operations decreased to R581.7 million (2016: R592.1 million). Profit from operating activities decreased to R4.4 million (2016: R40.8 million). Loss for the year from continuing operations attributable to equity holders of the parent was at R2.2 million (2016: profit of R34.0 million). Furthermore, headline earnings per share lowered to 46.6 cents per share (2016: 102.5 cents per share).



Dividend declaration

Notice is hereby given that a gross final cash dividend (number 52) of 4.0 cents per share (2016: 20.0 cents) has been declared for the year ended 28 February 2017. The dividend has been declared out of income reserves.



Company prospects

We anticipate subdued volume growth in the year ahead given the growth outlook in the regional economy. Our focus this year will be on efficiencies, maintaining a strong balance sheet, and striving for a low-cost base. We firmly believe that through managing these factors we will create a stable platform from which to grow as opportunities arise.

26-May-2017
(Official Notice)
Further to the trading statement released on SENS on 4 April 2017, shareholders are referred to the more specific, but revised guidance regarding the expected earnings per share (?EPS?) and headline earnings per share (?HEPS?) for the year ended 28 February 2017.



EPS, including discontinued operations, is expected to be between 106 cents per share and 119 cents per share, being an increase of between 6.2% and 19.2% on the 99.8 cents per share reported for the financial year ended 29 February 2016.



HEPS is expected to be between 44 cents per share and 50 cents per share, reflecting a decrease of between 57.1% and 51.2% on the 102.5 cents per share reported for the financial year ended 29 February 2016.



The discontinued operations relate to the sale of Cargo Carriers? 55% shareholding in its Zambian subsidiary.



The financial information on which this trading statement is based has not been reviewed and reported on by the company?s auditors, Ernst - Young Inc.



04-Apr-2017
(Official Notice)
Cargo Carriers is currently finalising its results for the year ended 28 February 2017. Shareholders are advised that the company expects earnings per share (?EPS?) for the year ended 28 February 2017 to be at least 20% higher relative to the prior comparative period. Headline earnings per share (?HEPS?) is expected to be within the 20% range.



There is currently insufficient certainty to enable the company to provide specific guidance on the extent of the expected increase in EPS and the company will publish a further trading statement in due course.



The financial information on which this trading statement is based has not been reviewed or reported on by the company?s auditors.

17-Mar-2017
(Official Notice)
Cargo Carriers is pleased to announce the appointment of the three new independent non-executive directors to the board of directors, as detailed below:

*Mr Sithembiso Freeman Nomvalo (Bcompt (Hons.)

*Ms Amanda Gcabashe (B.Com, Certificate in Accountancy)

*Ms Ndumi Medupe (CA(SA))



Sithembiso and Amanda?s appointments will be with effect from 30 March 2017, whilst Ndumi?s appointment will be with effect from 5 May 2017.



27-Jan-2017
(Official Notice)
Shareholders are advised that after more than 24 years of service to Cargo Carriers, Mr Murray Bolton, who will be turning 60 in September 2017, has notified the board of his intention to retire as chief executive officer within the next 12 month period.



The board will immediately commence with the process of identifying and appointing a successor to Murray and implement the appropriate measures to ensure a smooth transition to a new leadership team. Further announcements in this regard will be made in due course.

01-Nov-2016
(C)
Revenue for the interim period decreased to R290.3 million (2015: R308.7 million). Profit from operating activities fell to R4.4 million (2015: R24.2 million), while profit for the period attributable to equity holders of the parent increased to R24.4 million (2015: R21.2 million). Furthermore, headline earnings per share decreased to 30cps (2015: 93cps).



Dividend declaration

Despite the challenging trading conditions experienced, the board has decided to declare a gross interim cash dividend (number 51) of 8 cents per share for the period ended 31 August 2016. The dividend has been declared out of income reserves.



Prospects

Due to earnings on new contracts materialising and cost efficiency actions taking effect, an improved performance in the second half of the year is expected. At the same time new opportunities for both organic and acquisitive growth are being targeted and evaluated.



13-Oct-2016
(Official Notice)
Shareholders are advised that for the six-month period ended 31 August 2016:

*Earnings per share (?EPS?) is expected to be between 115 cents per share and 137 cents per share, reflecting an increase of between 5% and 25% respectively, when compared to the EPS of the 109.4 cents per share reported for the prior period ended 31 August 2015; and

*Headline earnings per share (?HEPS?) is expected to be between 27 cents per share and 33 cents per share, reflecting a decrease of between 71% and 64% respectively, when compared to the HEPS of 93 cents per share reported for the prior period ended 31 August 2015.



EPS has been impacted positively by profit on the strategic sale of the company?s Zambian subsidiary.



The decline in HEPS reflects the extremely difficult trading conditions experienced in the first six months of the year, with declines in volumes and margins.



The financial information on which this trading statement is based has not been reviewed and reported on by the company?s auditors.



The company expects its results for the period ended 31 August 2016 to be released on SENS on or about 1 November 2016.

22-Jul-2016
(Official Notice)
Shareholders are advised that at the Annual General Meeting (?AGM?) of shareholders held on Thursday, 21 July 2016, all the resolutions tabled at the meeting were passed by the requisite majority of shareholders.



Details of the results of voting at the AGM are as follows:

*Total number of Cargo Carriers shares in issue at the date of the AGM: 21 052 632

*Total number of Cargo Carriers shares that could have been voted at the AGM on resolutions proposed pursuant to the provisions of the Listings Requirements (issued shares excluding 593 710 treasury shares): 20 458 922

*Total number of Cargo Carriers shares that were present/represented at the AGM: 16 095 783, being 78.67% of the total number of ordinary shares that could have been voted on at the AGM.

15-Jun-2016
(Official Notice)
Shareholders are advised that the company?s Integrated Report incorporating, inter alia, the audited consolidated annual financial statements for the year ended 29 February 2016 and a notice of the annual general meeting, was posted to shareholders on 14 June 2016 and is available on the company?s website: www.cargocarriers.co.za.



The audited consolidated annual financial statements contain no modifications to the audited results released on SENS on 31 May 2016.



Notice of Annual General Meeting

Notice is hereby given that the annual general meeting of ordinary shareholders will be held at 09:00 on Thursday, 21 July 2016, at 11A Grace Road, Mountainview, Observatory, Johannesburg, to transact the business as stated in the notice of annual general meeting forming part of the Integrated Report.



Record Date

The record date on which shareholders of the company must be registered as such in the company?s securities register in order to attend and vote at the annual general meeting is Friday, 15 July 2016. The last day to trade in order to be eligible to vote at the annual general meeting will accordingly be Tuesday, 12 July 2016.
01-Jun-2016
(Official Notice)
Shareholders are referred to the announcement issued on 31 May 2016 where notice was given that a gross final cash dividend (Number 50) of 20.0 cents per share (2015: 20.0 cents) has been declared for the year ended 29 February 2016 out of income reserves and that the dividend will be subject to a dividend withholding tax rate of 15% or 3.0 cents per ordinary share.



Shareholders are advised that this will result in a net dividend of 17.0 cents per share.



31-May-2016
(C)
Revenue from continuing operations decreased to R592.1 million (2015: R626.7 million). Profit from operating activities increased to R40.8 million (2015: R39.6 million). Profit for the year from continuing operations attributable to equity holders of the parent improved to R34.0 million (2015: R26.5 million). Furthermore, headline earnings per share lowered to 102.6 cents per share (2015: 155.1 cents per share).



Dividend

Notice is hereby given that a gross final cash dividend (Number 50) of 20.0 cents per share (2015: 20.0 cents) has been declared for the year ended 29 February 2016. The dividend has been declared out of income reserves.



Prospects

A focus on business retention and organic growth in the South African market, is expected to largely offset some of the contracts that came to an end across our African operations.



Although the sale of the company's Zambian operation will reduce revenue by more than R200 million, the profitability of the group will improve as a result. In addition, the disposal will significantly de-risk the balance sheet due to the dollar based financial exposure within that business.



The company continues to explore opportunities for acquisitive growth, either geographic or sectoral expansion, to complement our existing portfolio. The group?s low debt level, operational expertise, and brand strength places it in a favourable position to grow in the coming year.



Business conditions may remain difficult for some time. The strategy of innovation and close partnership with customers proved highly effective in the 2016 financial year, and will continue to complement our strategic intent in the 2017 year.

27-May-2016
(Official Notice)
Shareholders are advised that Cargo Carriers? earnings and headline earnings per share, including discontinued operations, for the year ended 29 February 2016 are expected to be between 84.9 cents and 102.5 cents and 90.0 cents and 108.6 cents respectively, being 30% to 42% lower compared to the earnings per share of 146.4 cents and headline earnings per share of 155.1 cents for the year ended 28 February 2015.



Cargo Carriers' earnings per share from continuing operations are expected to be between 163.8 cents and 177.5 cents, being 20% to 30% higher compared to the earnings from continuing operations of 136.5 cents for the prior year. Headline earnings per share from continuing operations are expected to be between 160.1 cents and 173.4 cents, being 20% to 30% higher compared to the headline earnings from continuing operations of 133.4 cents for the prior year



The discontinued operations relate to the sale of Cargo Carriers? 55% shareholding in its Zambian subsidiary.



The financial information on which this trading statement is based has not been reviewed or audited by the Company?s auditors, Ernst - Young Inc.



The final announcement of results for the year ended 29 February 2016 is expected to be published on or about 31 May 2016.



05-May-2016
(Official Notice)
Shareholders are advised that at the general meeting of shareholders held on Thursday, 5 May 2016, all the resolutions tabled at the meeting were passed by the requisite majority of shareholders.

Details of the results of voting at the annual general meeting are as follows:

*Total number of Cargo Carriers shares in issue at the date of the general meeting: 20 000 000

*Total number of Cargo Carriers shares that could have been voted at the general meeting on resolutions proposed pursuant to the provisions of the Listings Requirements (issued shares excluding 593 710 treasury shares): 19 406 290

*Total number of Cargo Carriers shares that were present/represented at the general meeting: 13 008 228, being 67.03% of the total number of ordinary shares that could have been voted on at the general meeting.



05-May-2016
(Official Notice)
Shareholders are referred to the announcement released on SENS on 1 December 2015 detailing the disposal by Cargo Carriers of its 55% shareholding in BHL Zambia and its 51% shareholding in BHL Namibia and are advised that all the conditions precedent to the disposal have been fulfilled and the disposal completed in accordance with the terms of the sale agreement.

07-Apr-2016
(Official Notice)
Shareholders are referred to the cautionary announcement released on SENS on 10 November 2015 and the subsequent renewal of cautionary announcements, the last of which was dated 26 February 2016, and are advised that the negotiations referred to therein have been terminated. Shareholders are accordingly advised that caution need no longer be exercised when dealing in the company?s securities.



05-Apr-2016
(Official Notice)
Shareholders are referred to the announcement released on the Stock Exchange News Service (?SENS?) on the 10 March 2016, in which they were advised that Cargo Carriers has entered into an agreement which provides for the implementation of an employee share participation transaction through the creation and funding of a special purpose vehicle, EmployeeCo (Pty) Ltd. (?EmployeeCo?) through which eligible employees of the Group (?EmployeeCo Participants?) will be able to collectively acquire an indirect 5% shareholding in Cargo Carriers ("EmployeeCo Transaction").



Shareholders are advised that a circular, setting out, inter alia, the terms of the EmployeeCo Transaction and incorporating a Notice of General Meeting convening a general meeting of Cargo Carriers shareholders (?General Meeting?) at which shareholders will be requested to consider and, if deemed fit, to pass the ordinary and special resolutions necessary to authorise and implement the EmployeeCo Transaction, was posted to shareholders on 4 April 2016 (?the Circular?). The Circular will be made available on the company?s website, www.cargocarriers.co.za and copies will be available at the company?s registered office until the date of the general meeting.



Notice is hereby given that the General Meeting will be held at 09h30 on Thursday, 5 May 2016, at 11A Grace Road, Mountainview, Observatory, Johannesburg.



The salient dates pertaining to the General Meeting, also contained in the Circular, are as follows:

* Record date to determine which Cargo Carriers Shareholders are entitled to receive the Circular : Thursday, 24 March

* Circular posted to Cargo Carriers Shareholders on Monday, 4 April

* Notice of General Meeting published in the press on Tuesday, 5 April

* Last day to trade Cargo Carriers shares in order to be eligible to vote at the General Meeting : Thursday, 21 April

* Record date in order to be eligible to vote at the General Meeting : Friday, 29 April

* Last date to lodge forms of proxy for the General Meeting by 09:30 : Tuesday, 3 May

* General Meeting to be held at 09:30 on Thursday, 5 May

* Results of the General Meeting released on SENS on Thursday, 5 May

* Results of the General Meeting published in the press on Friday, 6 May
10-Mar-2016
(Official Notice)
26-Feb-2016
(Official Notice)
Shareholders are referred to the renewal of cautionary announcement dated 15 January 2016 and are advised that the parties have agreed to extend the date for completion of the respective due diligences and the date by which they will endeavour to conclude definitive agreements to 30 April 2016. Shareholders are accordingly advised to continue to exercise caution when dealing in the Company?s securities until a further announcement is made.
19-Jan-2016
(Official Notice)
The Board of Directors of Cargo announce the appointment of Mr Junaid Kriel as the CFO of Cargo with effect from 18 January 2016.



15-Jan-2016
(Official Notice)
Shareholders are referred to the cautionary announcement issued on 10 November 2015 relating to the signing of non-binding heads of agreement in respect of the proposed formation of a Newco, which company will purchase the assets and liabilities of a division of CRG and the assets and liabilities of an undisclosed third party.



The parties have agreed to extend the date for completion of the respective due diligences and to endeavour to conclude Definitive Agreements by no later than 29 February 2016. Shareholders are accordingly advised to continue to exercise caution when dealing in the Company?s securities until a further announcement is made.
01-Dec-2015
(Official Notice)
10-Nov-2015
(Official Notice)
Shareholders are advised that the Company has entered into non-binding heads of agreement for the formation of a new company, Newco, which will purchase the assets and liabilities of a division of Cargo and the assets and liabilities of an undisclosed third party. The proposed transaction is subject to various suspensive conditions, including, but not limited to, a 60-day due diligence review by the parties to the proposed transaction.



The successful conclusion of these negotiations and any subsequent transaction may have a material effect on the price at which the Company?s securities trade on the Johannesburg Stock Exchange and shareholders are accordingly advised to exercise caution when dealing in the Company?s securities until a further announcement is made.
02-Nov-2015
(Official Notice)
Shareholders are advised that Mr Shaneel Maharaj, the Group?s Chief Financial Officer has tendered his resignation with effect from 30 November 2015.

27-Oct-2015
(C)
Turnover for the interim period decreased to R417.6 million (2014: R438.5 million). Profit from operating activities fell to R18.2 million (2014: R26.2 million), while profit for the period attributable to equity holders of the parent increased to R21.2 million (2014: R15 million). Furthermore, headline earnings per share increased to 93cps (2014: 75.4cps).



Dividend declaration

Despite the challenging trading conditions experienced, the board has decided to declare a gross interim cash dividend (Number 49) of 8 cents per share (2014: 6 cents) for the period ended 31 August 2015.



Prospects

It is very challenging at this stage to predict the future course of the economy, however, there are indications of a slight recovery in commodity prices as efforts are boosted to revive the faltering sector. Further depreciation of the major reporting currencies against the US dollar is envisaged, which would result in our Zambian subsidiary not recovering from the foreign exchange losses incurred. The Group intends to remain focused on its growth ambitions and is well supported by its current low gearing and available debt capacity. Barring any unforeseen circumstances, the Group is expected to continue profitably to year end.
23-Oct-2015
(Official Notice)
Shareholders are advised that for the period 31August 2015:

* Earnings per share (?EPS?) are expected to be between 103.9 cents per share and 111.7 cents per share, reflecting an increase of between 35% and 45%, when compared to the EPS of 77.0 cents per share reported for the prior period ended 31 August 2014; and

* Headline earnings per share (?HEPS?) are expected to be between 90.5 cents per share and 98.0 cents per share, reflecting an increase of between 20% and 30% when compared to the HEPS of 75.4 cents per share reported for the prior period ended 31 August 2014.



Earnings benefited by an improved performance from the Company?s South African and Swaziland operations and the disposal of certain non-core assets. The Company expects its results for the period ended 31 August 2015 to be released on SENS on or about 27 October 2015.
03-Sep-2015
(Official Notice)
Shareholders are referred to the renewal of cautionary announcement dated 13 August 2015 and are advised that the discussions in respect of the offer received for the purchase of Cargo?s shareholding in one of its subsidiary companies have been terminated.



As such, caution is no longer required to be exercised by shareholders when dealing in their securities.
13-Aug-2015
(Official Notice)
Shareholders are referred to the renewal of cautionary announcement dated 2 July 2015 pertaining to the offer received for the purchase of Cargo?s shareholding in one of its subsidiary companies and are advised that whilst the suspensive conditions relating to the offer received were not timeously met by the prospective buyer, discussions are continuing. Shareholders are accordingly advised to continue to exercise caution when dealing in the Company?s securities until a further announcement is made.
24-Jul-2015
(Official Notice)
Shareholders are advised that at the annual general meeting of shareholders held on Thursday, 23 July 2015, all the resolutions tabled at the meeting were passed by the requisite majority of shareholders.
02-Jul-2015
(Official Notice)
Shareholders are referred to the renewal of cautionary announcement dated 20 May 2015 pertaining to the offer received for the purchase of Cargo's shareholding in one of its subsidiary companies and are advised that whilst the suspensive conditions relating to the offer received were not timeously met by the prospective buyer, discussions are continuing. Shareholders are accordingly advised to continue to exercise caution when dealing in the Company?s securities until a further announcement is made.
09-Jun-2015
(Official Notice)
Shareholders are advised that the Company?s integrated report incorporating, inter alia, the audited consolidated annual financial statements for the year ended 28 February 2015 and a notice of the annual general meeting, was posted to shareholders on Friday, 29 May 2015, and is available on the Company?s website: www.cargocarriers.co.za.



The audited consolidated annual financial statements contain no modifications to the audited results released on SENS on 19 May 2015.



Notice of Annual General Meeting

Notice is hereby given that the annual general meeting of ordinary shareholders will be held at 09:30 on Thursday, 23 July 2015, at 11A Grace Road, Mountainview, Observatory, Johannesburg, to transact the business as stated in the notice of annual general meeting forming part of the integrated report.



Record Date

The record date on which shareholders of the Company must be registered as such in the company?s securities register in order to attend and vote at the annual general meeting is Friday, 17 July 2015. The last day to trade in order to be eligible to vote at the annual general meeting will accordingly be Friday, 10 July 2015.
20-May-2015
(Official Notice)
Withdrawal of cautionary announcement

Shareholders are referred to the renewal of cautionary announcement dated 7 April 2015 pertaining to a potential acquisition and are advised that the negotiations relating thereto have been terminated. Shareholders are accordingly advised that they need no longer exercise caution when dealing in the Company?s securities insofar as this acquisition is concerned.



Renewal of cautionary announcement

Shareholders are further referred to the new cautionary announcement dated 7 April 2015 pertaining to the offer received for the purchase of CRG?s shareholding in one of its subsidiary companies and are advised that whilst the suspensive conditions relating to the offer received have not been timeously met by the buyer, discussions are continuing. Shareholders are accordingly advised to continue to exercise caution when dealing in the Company?s securities until a further announcement is made.
19-May-2015
(C)
Revenue for the year decreased to R913.4 million (R915.1 million). Profit from operating activities was lower at R56.2 million (R57.8 million), profit for the year attributable to equity holders of the parent fell to R28.4 million (R45.5 million), while headline earnings per share came in at 155.1cps (229.3cps).



Dividend declaration

Notice is hereby given that a gross final cash dividend of 20.0 cents per share (40.0 cents) has been declared for the year ended 28 February 2015.



Prospects

A low economic growth outlook combined with difficult market conditions is expected to place current trading and profitability levels under strain. The debt to equity ratio has decreased to a conservative 8.7%, placing the Group in an ideal position to pursue its organic and acquisitive growth objectives. The year ahead is expected to be challenging, however, the Group intends to remain steadfast and continue to enhance stakeholder value.
15-May-2015
(Official Notice)
In accordance with paragraph 3.4(b) of the Listings Requirement of the Johannesburg Stock Exchange, shareholders are advised that for the year ended 28 February 2015:

*Headline earnings per share (?HEPS?) are expected to be between 137.58 cents and 160.51 cents, reflecting a decrease of between 30% and 40% when compared to the HEPS of 229.3 cents per share reported for the year ended 28 February 2014; and

*Earnings per share (?EPS?) are expected to be between 128.92 cents and 152.36 cents, reflecting a decrease of between 35% and 45%, when compared to the EPS of 234.4 cents per share reported for the year ended 28 February 2014.



Earnings were primarily affected by a higher tax charge of 34.1% (2014: 7.5%). The prior year tax benefitted from a reduction in the deferred tax provision relating to capital gains tax base cost re-assessments. The financial information on which this trading statement is based has not been reviewed and reported on by the Company?s auditors.



The Company expects its results for the year ended 28 February 2015 to be released on SENS on or about 19 May 2015.
07-Apr-2015
(Official Notice)
Renewal of cautionary announcement

Shareholders are referred to the renewal of cautionary announcement dated 19 February 2015 and are advised that negotiations with both CRG and the other preferred bidder are still in progress. Details of the potential acquisition will only be released should terms be agreed. Shareholders are accordingly advised to continue to exercise caution when dealing in the Company?s securities until a further announcement is made.



New cautionary announcement

CRG has received an offer for the purchase of its shareholding in one of its subsidiary companies, which offer is subject to the fulfilment of a number of suspensive conditions, the last of which is required to be fulfilled by 30 April 2015. Shareholders are advised to exercise caution when dealing in the Company?s securities until such time as an announcement relating to the fulfilment of the conditions precedent is made.
19-Feb-2015
(Official Notice)
Further to the cautionary announcement dated 7 January 2015, shareholders are advised that negotiations are still in progress which, if successfully concluded, may have a material effect on the price of the Company?s securities. Accordingly, shareholders are advised to continue exercising caution when dealing in the Company?s securities until a further announcement is made.
07-Jan-2015
(Official Notice)
Shareholders are advised that the company has been informed that it is one of two preferred bidders for an acquisition and that formal negotiations will commence early in 2015.



Should the company be successful in these negotiations, it could have a material effect on the price of the company?s securities and shareholders are accordingly advised to exercise caution when dealing in the company?s securities until a further announcement is made.
31-Oct-2014
(C)
Turnover for the interim period decreased to R438.5 million (2013: R477.5 million). Profit from operating activities plummeted to R26.2 million (2013: R47.3 million), while profit for the period attributable to equity holders of the parent lowered to R14.9 million (2013: R32 million). Furthermore, headline earnings per share decreased to 75.4cps (2013: 149.7cps).



Dividend

Despite the challenging trading conditions experienced, the board has decided to declare a gross interim cash dividend (Number 47) of 6.0 cents per share (2013: 15.0 cents) for the period ended 31 August 2014. The dividend has been declared out of income reserves.



Prospects

The local economy remains volatile with continued uneasiness around labour relations. This has translated into constrained investment which negatively impacts many local businesses and growth. The Group will continue with its strategy of seeking profitable organic growth, but will augment this by utilising its healthy balance sheet and favourable gearing should suitable acquisition opportunities present themselves. The Group does not expect to recover the losses incurred as a result of the effects of the systemic labour disruptions experienced during the current reporting period, but expects to continue operating profitably to year end barring any unforeseen circumstances.
28-Oct-2014
(Official Notice)
In accordance with paragraph 3.4(b) of the Listings Requirement of the Johannesburg Stock Exchange, shareholders are advised that for the six month period ended 31 August 2014:

*Headline earnings per share (HEPS) are expected to reflect a decrease of between 45% (67.4 cents per share) and 55% (82.3 cents per share) when compared to the HEPS of 149.7 cents per share reported for the six month period ended 31 August 2013; and

*Earnings per share (EPS) are expected to reflect a decrease of between 40% (66.0 cents per share) and 50% (82.6 cents per share) when compared to the EPS of 165.1 cents per share reported for the six month period ended 31 August 2013.



The expected decreases are attributable to a challenging operating environment characterised by labour and strike action within South Africa and Swaziland as well as foreign exchange losses which have impacted our Zambian subsidiary. The financial information on which this trading statement is based has not been reviewed and reported on by the Company?s auditors. The Company expects its results for the six months ended 31 August 2014 to be released on SENS on or about 30 October 2014.

18-Jul-2014
(Official Notice)
The board of directors of Cargo announce the appointment of Mr Vincent Raseroka as an independent non-executive director of the Company and member of the Audit and Risk Committee, with immediate effect.
03-Jul-2014
(Official Notice)
Shareholders are advised that at the annual general meeting of the company held on Thursday, 3 July 2014, all of the resolutions presented in the notice of annual general meeting as included in the Integrated Report, were passed by the requisite majority of shareholders.
12-Jun-2014
(Official Notice)
Shareholders are advised that the company's integrated annual report incorporating the annual financial statements for the year ended 28 February 2014 were posted to shareholders on Friday, 30 May 2014. The audited financial statements contain no modifications to the audited results released on SENS on 20 May 2014.



Notice of Annual General Meeting

Notice is hereby given that the annual general meeting of ordinary shareholders will be held at 09:30 on Thursday, 3 July 2014, at 11A Grace Road, Mountainview, Observatory, Johannesburg, to transact the business as stated in the notice of annual general meeting forming part of the integrated annual report.



Record Date

The record date on which shareholders of the company must be registered as such in the company?s securities register in order to attend and vote at the meeting is Friday, 27 June 2014. The last day to trade in order to be eligible to vote at the annual general meeting will be Friday, 20 June 2014.
20-May-2014
(C)
Revenue for the year increased to R915.1 million (2013: R726.7 million). Profit from operating activities rose to R57.8 million (2013: R42.5 million), profit for the year attributable to equity holders of the parent soared to R45.5 million (2013: R26.4 million), while headline earnings per share more than doubled to 229.3cps (2013: 108.8cps).



Dividend declaration

A gross final cash dividend of 40cps (2013: 20cps) has been declared for the year ended 28 February 2014.



Prospects

The group has built a robust balance sheet which augurs well for successfully pursuing its growth objectives. Organic and acquisitive growth will remain a key focus in the current year. The agricultural segment should benefit from the disposal of the Malelane branch and management will continue to focus its efforts within this vertical. The industrial segment should benefit from fewer labour disruptions and increased national infrastructure spending anticipated in the current year. Management remains committed and focused to improve the performance and operating results of the business.
16-May-2014
(Official Notice)
Shareholders are referred to the trading statement released on SENS on 9 May 2014 and are advised that as a result of further adjustments, the group expects to report earnings per share of between 70% and 80% higher than the previous corresponding period and headline earnings per share between 105% and 115% higher than the previous corresponding period. The final announcement of results for the year ended 28 February 2014 is expected to be published on SENS on 20 May 2014.
09-May-2014
(Official Notice)
Shareholders are advised that CRG's earnings and headline earnings per share for the year ended 28 February 2014 are respectively expected to be between 75-85% and 95- 105% higher than the previous year.



The improved earnings reflect the benefit of organic and acquisitive growth, coupled with the disposal of under performing contracts. The reduction in the effective Group tax rate to 9.2% due to the adjustment to the most favourable base cost for CGT purposes of investment properties, further contributed to the increased earnings. The final announcement of results for the year ended 28 February 2014 is expected to be published on or about 21 May 2014.
31-Oct-2013
(Official Notice)
Shareholders are advised that with effect from the 31st of October 2013 the board of Cargo has been restructured as set out below.



Mr Stan Chilvers has decided to retire and so has resigned as Non-executive Chairman and as a director of the Company.



The board announced that Mrs Sizakele Mzimela has been appointed as Independent Non-executive Chairman of the Company. Mrs Mzimela has been a member of the board since 2008 and her knowledge of the Company and leadership skills position her well to take over the reins from Mr Chilvers.



Since 1992 the Company has been led by joint chief executive officers, Mr Murray Bolton and Mr Garth Bolton. Mr G Bolton has recently assumed additional responsibilities outside of Cargo Carriers and has accordingly decided to step down as joint CEO of the Company. He will, however, remain as an executive director of the board, whilst Mr M Bolton will continue to fulfil the role and responsibilities of Chief Executive Officer.
29-Oct-2013
(C)
Turnover for the interim period shot up to R477.5 million (2012: R326.5 million). Profit from operating activities more than doubled to R47.3 million (2012: R21.6 million), while profit for the period attributable to equity holders of the parent soared to R32 million (2012: R12.2 million). Furthermore, headline earnings per share jumped to 149.7cps (2012: 61.9cps).



Dividend Declaration

The board announced that a gross interim cash dividend (number 45) of 15cps (2012: 10cps) has been declared for the period ended 31 August 2013.



Prospects

The local and global economy continues to be plagued by many uncertainties. The Group intends to focus its efforts on profitable growth in the form of acquisitions and new business opportunities, which will allow it to gain market share and leverage synergies within its operations. The current low gearing and strength of the balance sheet augers well for pursuing such investment and growth opportunities. The Group is expected to continue profitably to year end, barring any unforeseen circumstances.
25-Oct-2013
(Official Notice)
Shareholders are advised that Cargo is currently finalising its interim financial results for the period ended 31 August 2013 and that the Group expects to report an increase in basic earnings per share of between 160% and 170% over the previous corresponding period and an increase in headline earnings per share of between 140% and 150% over the previous corresponding period. The final announcement of the results for the six months ended 31 August 2013 will be released on SENS on or about 29 October 2013.
21-Jun-2013
(Official Notice)
Shareholders are advised that at the annual general meeting of the Company held on Thursday, 20 June 2013, all the resolutions presented in the notice of annual general meeting as included in the Integrated Report, were, subject to minor modifications, passed by the requisite majority of shareholders.
06-Jun-2013
(Official Notice)
Shareholders were advised that the company's integrated report, incorporating the audited financial statements for the year ended 28 February 2013, was posted to shareholders on Monday, 27 May 2013. The annual financial statements contain no changes to the audited financial results which were published on SENS and in the press on 15 May 2013.



Notice of Annual General Meeting The 53rd annual general meeting of shareholders of the company will be held at the registered office of the company situated at 11A Grace Road, Mountainview, Observatory, Johannesburg, on Thursday, 20 June 2013 at 09h30.



Record Date

The record date for the purpose of determining which shareholders of the company are entitled to participate in and vote at the annual general meeting is Friday, 14 June 2013. Accordingly, the last day to trade in order to be eligible to vote at the annual general meeting will be Friday, 7 June 2013.
15-May-2013
(C)
Revenue increased to R721.3 million (R593.9 million). Net attributable profit was higher at R26.4million (R12.6 million). Headline earnings per share grew to 108.8c (60.7cps).



Dividend

A final gross ordinary dividend of 20cps has been declared.



Prospects

The group does not expect market conditions to change significantly over the remainder of the financial year. We anticipate that further new store openings, strong marketing supporting our 50th anniversary and a continued focus on costs will allow us to deliver a satisfactory performance for the second half of the year.







09-May-2013
(Official Notice)
Shareholders were advised that Cargo's earnings and headline earnings per share for the year ended 28 February 2013 are respectively expected to be between 105-115% and 75-85% higher than the previous year.



The improved earnings reflect the growth in operating profits within the industrial segment in conjunction with a reduction in the effective tax charge.



The final announcement of results for the year ended 28 February 2013 is expected to be published on or about 14 May 2013.
28-Mar-2013
(Official Notice)
Shareholders were advised that the cautionary announcement relating to the property disposal is withdrawn.
28-Mar-2013
(Official Notice)
Shareholders were referred to the disposal of property announcement released on SENS on 1 February 2013 and the cautionary announcement dated 5 March 2013 and are advised that the remaining suspensive conditions were waived and the disposal agreement is now final.
05-Mar-2013
(Official Notice)
Shareholders are referred to the disposal of property announcement released on SENS on 1 February 2013 and are advised that the suspensive conditions were not timeously fulfilled, but that the parties are proceeding with negotiations. Shareholders are accordingly advised to exercise caution when dealing in the company's securities until a further announcement is made.
01-Feb-2013
(Official Notice)
Shareholders are advised that Cargo Carriers Alrode Property (Pty) Ltd (the Seller), a wholly-owned subsidiary of Cargo Carriers has entered into an agreement for the disposal of the properties situated at:

*Erf 1607 Alrode Extension 2 Township;

*Erf 289 Alrode Extension 2 Township; and

*the remaining extent of Erf 283, Alrode Extension 2 Township (together referred to as the Property) to the South African Breweries (Pty) Ltd (the Purchaser) (the Disposal). The effective date of the disposal is the date on which the suspensive conditions set out in clause 4 below are fulfilled or waived by the Purchaser. The Disposal was approved by the board of directors of Cargo Carriers on 1 February 2013, subject to the fulfilment of the suspensive conditions.



The Property was purchased by the Seller in 1987. The Seller has not occupied the Property since 2002 and subsequently entered into a long term lease in respect of the property, which lease expires at the end of March 2013.



The disposal consideration is R38 000 000 and is payable by the Purchaser to the Seller on the date of transfer of the Property into the Purchaser?s name. Pending fulfilment or waiver of the conditions precedent, the Purchaser shall provide a company guarantee undertaking payment of the purchase price to the Seller on registration of the transfer. Following the transfer of the property into the Purchaser?s name, the disposal proceeds will be considered either for reinvestment or the reduction of debt.



The disposal is subject to the following suspensive conditions:

*the board of directors of the Purchaser passing a resolution authorising the purchase of the property on or before 8 February 2013; and

*the purchaser and/or its representatives, on or before 8 February 2013, conducting a geotechnical study on the Property to satisfy itself that the Property is suitable for its intended purpose.



Shareholders will be advised by way of a SENS announcement when the suspensive conditions have all been fulfilled or waived and the Disposal becomes unconditional.
30-Oct-2012
(C)
Revenue increased to R326.5 million (2011: R291.1 million). Profit from operating activities rose to R21.6 million (2011: R19.8 million), while profit for the half year attributable to equity holders of the company grew to R12.2 million (2011: R10.5 million). Furthermore, headline earnings per share was higher at 61.9cps (2011: 52.3cps).



Dividend declaration

Shareholders are advised that the board announced an interim dividend of 10cps (2011: 9cps) has been declared in accordance with the terms of the ordinary shares.



Prospects

The Group will continue to pursue its profitable growth strategy which is supported by the current low gearing and strength of its balance sheet. The strike action by unionised employees negatively impacted the whole transport industry, and this will no doubt negatively effect the Groups results to year end. This impact will be reported upon in the year end results. The unusual weather patterns since the end of the current period have also adversely affected the agricultural segment's operations and prospects. The Group remains committed to all its stakeholders and focussed on growing the business profitably.
03-Sep-2012
(Official Notice)
Shareholders are referred to the SENS announcement dated 7 June 2012 relating to the acquisition by the company of a 55% (fifty five per cent) interest in BHL and are advised that all the conditions precedent to the acquisition have now been fulfilled. The transaction has therefore become unconditional and the acquisition now becomes effective.
04-Jul-2012
(Official Notice)
Shareholders are advised that Arcay Client Support (Pty) Ltd. has been appointed as the company secretary with effect from 1 July 2012, replacing Mr MJ Bolton, who has resigned as company secretary in line with King III's recommended practice that the company secretary should not be a director of the company. Mr Bolton retains his position as the Joint Chief Executive Officer of Cargo.
21-Jun-2012
(Official Notice)
Shareholders were advised that at the annual general meeting of the company held on Thursday, 21 June 2012, all the resolutions presented in the notice of annual general meeting posted to shareholders on 30 May 2012, were passed by the requisite majority of shareholders.
07-Jun-2012
(Official Notice)
Cargo shareholders will be advised by way of a SENS announcement when the suspensive conditions have all been fulfilled or waived and the acquisition becomes unconditional.



Withdrawal of cautionary announcement

Following the release of this announcement, the cautionary announcement is withdrawn and shareholders are no longer required to exercise caution when dealing in the securities of the company.
07-Jun-2012
(Official Notice)
Further to the cautionary announcement released on SENS on 8 May 2012, the directors of Cargo announced the conclusion of an agreement by the Company on 5 June 2012, in terms of which the Company will acquire 55% (fifty five per cent) of the issued share capital of BHL ("the Acquisition") with effect from the date of fulfilment or waiver of the suspensive conditions. The initial purchase consideration is USD2 200 000 (two million two hundred thousand US dollars) to be settled by an upfront payment of USD1 496 000 (one million four hundred an ninety six thousand US dollars) and two annual payments of USD352 000 (three hundred and fifty two thousand US dollars) based on warranted profits after tax for the next three financial years of USD1 000 000 (one million US dollars) per year. The final purchase consideration will be determined based on a prescribed formula calculated on BHL's profits after tax over the next three years and may be adjusted up or down, provided that the total amount payable shall not exceed USD4 400 000 (four million four hundred thousand US dollars). Any adjustment to the final purchase consideration, whether through additional payments by or refunds to the Company, will be settled over a five year period. The vendor is not a related party to Cargo Carriers.



Suspensive Conditions

The Acquisition is subject to the following regulatory approvals and suspensive conditions:

* to the extent required, the approval of the Financial Surveillance/Exchange Control Department of the South African Reserve Bank, either unconditionally or subject to such conditions which each party affected thereby confirms to the other in writing is/are acceptable;

* to the extent required, the approval of the relevant Zambian authority under the Competition and Consumer Protection Act, either unconditionally or subject to such conditions which each party affected thereby confirms to the other in writing is/are acceptable to it; and

* the conclusion of a shareholders agreement between Cargo Carriers and the Vendor.



Financial Effects of the Acquisition

Before - after:

* Earnings per ordinary share (cents) : 64.95 - 66.57

* Headline earnings per ordinary share (cents) : 60.71 - 66.84.
01-Jun-2012
(Official Notice)
Shareholders were referred to the dividend declaration of 8 cents per share (gross) incorporated in the audited results announcement published on 15 May 2012.



Shareholders were advised that STC credits to the value of R611 608, being 3.05534 cents per share were utilised for set off against the dividend withholding tax ("DWT"). A local dividend tax rate of 15%, being 0.74170 cents per share was applied, resulting in a net local dividend of 7.25830 cents per share. Shareholders exempt from paying DWT received a gross dividend of 8 cents per share.



Shareholders were reminded that the last day to trade cum dividend was 8 June 2012, that the dividend was to be paid to all shareholders recorded in the books of the company at the close of business on 15 June 2012 and that the dividend was to be paid on 18 June 2012.
30-May-2012
(Official Notice)
Shareholders are advised that the company's integrated annual report, incorporating the audited financial statements for the year ended 29 February 2012, has been posted to shareholders on 30 May 2012. The annual financial statements contain no changes to the audited financial results which were published on SENS and in the press on 15 May 2012.



Notice of annual general meeting

The 52nd annual general meeting of shareholders of the company will be held at the registered office of the company situated at 11A Grace Road, Mountainview, Observatory, Johannesburg at 09:30 on Thursday, 21 June 2012.
15-May-2012
(C)
Revenue increased to R593.9 million (R546.5 million). Net attributable profit was lower at R12.6 million (R16.7 million). However, headline earnings per share grew to 60.7c (48.5cps).



Dividend

A final gross ordinary dividend of 8cps has been declared.



Outlook

The group remains committed to its strategy for growth and strategic acquisitions, which is expected to improve earnings and increase gearing. Marketing efforts are being emphasised within segments that yield profitable growth. The agricultural segment is expected to improve its results in light of the completed restructure of the division and off crop maintenance undertaken during the current period, however, weather patterns remain a significant risk. The remaining segments are expected to improve earnings, barring unforeseen circumstances.
10-May-2012
(Official Notice)
Shareholders are advised that CRG's headline earnings per share for the year ended 29 February 2012 is expected to be between 20-30% higher than the previous year, however, earnings per share is expected to be between 20-30% lower than the previous year. The increase in headline earnings per share is pleasing and reflects the real growth in operating profits within the group. Profit from operating activities increased by 39.4% and can be attributed to the positive effects of contracts awarded in the prior and current year, coupled with the discontinuation of certain non-profitable contracts. Earnings per share was negatively affected by the group's high effective tax rate of 60.6% which reflects certain deferred tax assets on assessed losses in a subsidiary company being written off, in conjunction with the increased capital gains tax rate adjustment to the opening deferred tax balance on investment properties. The final announcement of results for the year ended 29 February 2012 is expected to be published on or about 15 May 2012.
08-May-2012
(Official Notice)
Shareholders are advised that the company has entered into acquisition negotiations which, if successfully concluded, may have a material effect on the price of the company's securities. Accordingly, shareholders are advised to exercise caution when dealing in the company's securities until a full announcement is made.
21-Nov-2011
(C)
Revenue increased to R291.1 million (R279.7 million). Profit from operating activities declined to R19.8 million (R21.9 million). Net attributable profit decreased to R10.5 million (R14.1 million). In addition, headline earnings per share fell to 52.3c (74.7cps).



Dividend

An interim ordinary dividend of 9cps has been declared.



Outlook

The group's low gearing and current cash position still augers well for growth and the raising of debt finance. Strategic acquisitions and organic growth remain a core focus area for the group. The industrial segment is benefiting from new contracts and continues to drive its growth initiatives. The agricultural segment has undergone transformation within its business units and has thus far managed to streamline a lot of its processes and retain profitable contracts. The group remains committed and focussed on growing the business profitably.
17-Nov-2011
(Official Notice)
A review by management indicates that earnings and headline earnings per share for the half-year ended 31 August 2011 are respectively expected to be between 25-30% and 30-35% lower than the prior comparative period. Full details will be provided in the results announcement expected to be published on or around 21st November 2011.
17-Oct-2011
(Official Notice)
Mr Vincent Raseroka has resigned as an independent non-executive director of Cargo with immediate effect.
10-Aug-2011
(Official Notice)
Shareholders were advised that, at the annual general meeting of the company held on Friday, 5 August 2011, all the ordinary and special resolutions presented in the notice of annual general meeting were passed by the requisite majority of shareholders.
05-Jul-2011
(Official Notice)
Shareholders are advised that a notice of annual general meeting, a summary of the annual financial statements and copies of the Directors` Report and the Report of the Audit and Risk Committee, were posted, by registered post, to shareholders on Monday, 4 July 2011. The 51st annual general meeting of shareholders of the company will be held at the registered office of the company situated at 11A Grace Road, Mountainview, Observatory, Johannesburg, on Friday, 5 August 2011 at 09h30.



The record date for purposes of determining which shareholders are entitled to participate in and vote at the annual general meeting is Wednesday, 3 August 2011. Accordingly, the last day to trade in order to be eligible to vote at the annual general meeting will be Wednesday, 27 July 2011.

24-Jun-2011
(Official Notice)
This notice is to advise shareholders that the annual general meeting scheduled for the 23rd of June 2011 that was cancelled in terms of a notice on SENS on the 22nd June 2011, will be rescheduled. It came to the attention of the board of Cargo Carriers that the format of the notice to shareholders and form of proxy for the annual general meeting that was issued with our integrated report, did not comply in all respects with the requirements of the new Companies Act 2008 which came into effect on the 1st May 2011. The company will shortly issue a notice that is fully compliant with the requirements of the new Companies Act 2008, and will mail this notice for the annual general meeting along with the proposed resolutions and proxy forms to all shareholders. The new meeting is expected to take place on the 28th of July 2011.
22-Jun-2011
(Official Notice)
Shareholders are referred to CRG's Annual Report, incorporating a notice of annual general meeting and a proxy form, which was posted to shareholders on 31 May 2011 and are advised that following the receipt of legal advice on the compliance of the notice of annual general meeting and proxy form with the requirements of the Companies Act, No. 71 of 2008, the board of directors of the company has elected to withdraw the notice of annual general meeting and to cancel the annual general meeting of shareholders which was scheduled to take place at 9:30 tomorrow, 23 June 2011 at the offices of the company. Shareholders are advised that the company is in the process of addressing the issues of possible non-compliance and that a new notice of annual general meeting and proxy form will be posted to shareholders in due course. An announcement advising shareholders of the posting of the new notice of annual general meeting and proxy form and the date of the annual general meeting will be released on SENS.

20-May-2011
(C)
Revenue improved to R538.3 million (R443.8 million). Profit before finance income and finance cost fell slightly to R38.2 million (R38.9 million), while profit for the year attributable to ordinary shareholders of the company dropped to R16.7 million (R24.8 million) and headline earnings per share decreased to 48.5cps (118.8cps).



Dividend

A final dividend number 40 of 5.0cps (2010: 20.0) for the year ending 28 February 2011 has been declared.



Prospects

The group remains positive about the coming financial year and expects its new contracts to generate the required level of returns. A major restructure of the agricultural operation's management team was also implemented during the current period and this is expected to lead to improved results, however, weather patterns remain a significant risk. The group's long term strategy of growth remains a key focus initiative.
13-May-2011
(Official Notice)
Shareholders were advised that CRG's earnings and headline earnings per share for the year ended 28 February 2011 are respectively expected to be between 25- 35% and 55 - 65% lower than the previous year. Earnings per share was negatively affected by business establishment costs relating to new contracts gained, a provision for bad debt of R4.7 million created for a loan owing by an associate company, reduced finance income due to lower interest rates and an increase in finance costs in line with increased capital expenditure. A further impact on earnings per share was the group's high effective tax rate which reflects certain losses incurred by subsidiary companies for which no deferred tax assets have been raised. Headline earnings per share was primarily affected by the reallocation in the current period of the fair value adjustment to owner occupied property to the asset revaluation reserve, which was expensed in the prior year. The final announcement of results for the year ended 28 February 2011 is expected to be published on or about 20 May 2011.
01 Nov 2010 17:10:24
(C)
Revenue increased to R279.7 million (R236.9 million). Operating profit before abnormal items improved to R24.8 million (R23.4 million). Net attributable profit rise to R14.1 million (R13.4 million). In addition, headline earnings on a per share basis grew to 74.7c (62.7cps).



Dividends

An interim ordinary dividend of 12cps has been declared.



Prospects

The regional economy continues to strengthen amidst negative viewpoints pertaining to a 'double dip' recession. The group's low gearing and current cash position augers well for continued growth. Strategic acquisitions and organic growth within the various business segments remain a core focus. The industrial segment has benefited from new business initiatives and increased volumes. The agricultural segment was negatively affected by a R4 million bad debt provision and is not expected to recover from this position this year.
23 Jun 2010 11:29:43
(Official Notice)
Shareholders are advised that, at the annual general meeting of Cargo held on Tuesday, 22 June 2010 at 11A Grace Road, Mountainview, Observatory, Johannesburg, all the resolutions presented in the notice of annual general meeting were passed by the requisite majority of shareholders.
17 Jun 2010 17:03:02
(Official Notice)
Shareholders are advised that the company's annual report, incorporating the audited financial statements for the year ended 28 February 2010, was posted to shareholders on 31 May 2010 and contains no changes to the audited financial results which were published on SENS on 18 May 2010 and in the press on 19 May 2010. Notice was given that the annual general meeting of shareholders will be held at the registered office of the company, 11A Grace Road, Mountainview, Observatory, Johannesburg at 09:30 on Tuesday, 22 June 2010.
18 May 2010 18:03:06
(C)
Revenue decreased to R443 million (R483 million). Profit from operating activities increased to R48.1 million (R38.2 million) and net attributable profit rose to R24.8 million (R17.2 million). In addition, headline earnings increased to 118.8cps (55cps).



Dividend

A final ordinary dividend of 20cps has been declared.



Prospects

The signs of recovery in the regional economy auger well for business prospects in the coming year. Previous financial prudence has enabled the group to take advantage of new business opportunities which will improve earnings and increase gearing, particularly in the industrial segment. Operational initiatives have been implemented in the agricultural segment, which should lead to improved results. Weather patterns remain a significant risk. Barring unforseen circumstances the group anticipates an increase in headline earnings per share in the coming year.
14 May 2010 15:48:36
(Official Notice)
Shareholders are referred to the company's trading statement dated 14 May 2010, in which it was indicated that earnings and headline earnings per share for the period ended 28 February 2010 respectively, was expected to be between 50-60% and 130-140% higher than the previous year. As part of finalising the year end results with the external auditors, an adjustment was required in respect of the carrying value of the deferred tax assets created for assessed losses within subsidiaries of the group. Accordingly, the company anticipates earnings and headline earnings per share for the period ended 28 February 2010 respectively to be between 40-50% and 110-120% higher than the previous year. The final announcement of results for the year ended 28 February 2010 is expected to be published on or about 19 May 2010.
14 May 2010 07:58:31
(Official Notice)
Shareholders are advised that Cargo's earnings and headline earnings per share for the year ended 28 February 2010 are respectively expected to be between 50-60% and 130-140% higher than the previous year. The final announcement of results for the year ended 28 February 2010 is expected to be published on or about 19 May 2010.
02 Nov 2009 17:05:29
(C)
Revenue declined to R236.9 million (R263.5 million). Profit from operating activities increased slightly to R26.9 million (R26.7 million). Net attributable profit rose to R13.4 million (R10.7 million). In addition, headline earnings grew to 62.7cps (55.3cps).



Dividend

An interim ordinary dividend of 9.5cps has been declared.



Outlook

The growth in volumes in the industrial segment, particularly steel, has started to materialise and this should result in increased earnings. The agricultural segment, excluding the Zimbabwe operations, has once again been adversely affected by external factors beyond the control of management, such as unfavourable weather patterns. The full year contribution from this segment is not expected to increase. The company's favourable gearing and strong cash position, especially in the current economic climate, presents an ideal opportunity for strategic acquisitions. The company is actively seeking potential acquisitions which would increase the revenue streams and profitability of the group, whilst still maintaining our culture of integrity and high levels of service delivery to customers.
30 Oct 2009 15:10:37
(Official Notice)
Shareholders are advised that CRG's headline earnings per share for the half year ended 31 August 2009 is expected to be 10% to 15% higher than the comparative period in the prior year and earnings per share is expected to be 25% to 30% higher. The increase in headline earnings and earnings per share is attributable to a reduction in operating costs in line with the economic downturn, the consolidation of the Zimbabwe operations in the current financial year, a reduction in finance costs due to the various interest rate concessions and the disposal of non-operating assets.



The final announcement of the results for the half year ended 31 August 2009 is expected to be published on or about the 2 November 2009.
21 Aug 2009 11:54:59
(Media Comment)
According to the Financial Mail, Cargo is on the acquisition trail. Joint CE, Murray Bolton, hopes the purchase of struggling competitors will allow the group to achieve its ambition of becoming a company with a R1 billion turnover within five years. However, it will need to more than double in size to do this. Cargo is not limiting its acquisitive eye to Southern Africa, but is looking at expanding into Mali, in West Africa, as well as Angola.
20 May 2009 17:56:27
(C)
Revenue increased to R483 million (R423.6 million). Profit from operating activities declined disastrously to R38.2 million (R65.7 million) and net attributable profit more than halved to R17.2 million (R40 million). In addition, headline earnings fell to 55cps (69.7cps).



Dividend

A final ordinary dividend of 9cps has been declared.



Prospects

The business conditions in the coming year are expected to be extremely challenging with volumes in the industrial sector showing a decrease of between 15 and 40%. This is balanced by the positive outlook in the agricultural sector. The company's strategic positioning and strong balance sheet will ensure that the company will weather the current business conditions and be in a position to take advantage of growth opportunities that arise.
18 May 2009 18:06:12
(Official Notice)
Shareholders are advised that Cargo Carriers earnings per share for the year ended 28 February 2009 are expected to be 55-60% below the previous year and the headline earnings per share are expected to be 18-23% below the previous year. The Cargo Carriers directors believe that there are some explanations necessary in case stakeholders are misled by a simple announcement. The final announcement of results for the year ended 28 February 2009 is expected to be released on SENS on or about 21 May 2009.
15 May 2009 09:28:53
(Official Notice)
The board of directors of Cargo Carriers is pleased to announce the appointment of Mr Shaneel Maharaj to the board as financial director with immediate effect. Shaneel is a Chartered Accountant by training, qualifying at the University of Natal. He completed his accounting articles at Deloitte's and has gained experience in other financial positions before joining Cargo. He is currently the group financial manager of Cargo.
03 Nov 2008 10:19:34
(C)
Revenue for the period has increased by 15.0% and profit from operating activities has increased by 34.3%. Finance costs have increased substantially in line with capital expenditure and interest rate increases within the reporting period. Depreciation has, however, decreased in comparison to the reporting period last year as a result of an associate being partially consolidated in the prior year. Earnings per share have increased by 39%, however, headline earnings per share have decreased by 12.9% in comparison to the prior year.



Dividend Declaration

An interim dividend of 9.5cps has been declared to shareholders.



Prospects

The growth in volumes in the industrial segment have slowed as a result of the large increase in input costs, but continuing infrastructure expenditure will result in stable results. The company's operations in the agricultural segment have been negatively affected by industrial action, plant unreliability and unfavorable weather patterns. There is an intense focus on resolving these factors, where possible, but an improvement in the results of this segment is not anticipated.
29 Oct 2008 16:46:26
(Official Notice)
Shareholders are advised that Cargo's headline earnings per share for the half year ended 31 August 2008 are expected to be 10% to 15% below the headline earnings per share for the previous year. The primary contributors for the decrease in headline earnings is the increased finance and fuel costs incurred during the current reporting period as well as the partial inclusion of the Zimbabwe operations operating profit, after impairment of its assets, in the prior year. Earnings per share are expected to be 35% to 40% higher than the earnings per share for the previous year. This is primarily due to the prior year impairment of the Zimbabwe operations assets and the loss on disposal of investment in subsidiary.
20 Oct 2008 11:42:00
(Official Notice)
The board of directors of Cargo is pleased to announce the appointment of Sizakele Petunia Mzimela and Matsotso Johanna Vuso as non-executive directors to the board with effect from Friday 17 October 2008. Sizakele is an economics and statistics graduate and her career developed through Standard Bank, Total, and South African Airways. She is currently the chief executive of SA Express, the South African regional airline. Matsotso is a chartered accountant by training qualifying at the University of Cape Town. She completed her accounting articles at Coopers - Lybrand before moving up the corporate ladder through Transnet and the Industrial Development Corporation. She is currently the chief executive of a business advisory
31 Jul 2008 16:30:27
(Official Notice)
The board of directors of Cargo announced the signing of an agreement dated 30 July 2008 with Alliance Group (Pty) Ltd, in terms of which the company acquired, at a public auction, an immovable property situated at 11 A Grace Road with immediate effect for a purchase consideration of R20 million. The vendors are not related parties to Cargo. The transaction will become effective subject to the compliance with all regulatory obligations to the extent necessary to effect the transaction. Shareholders approval for the acquisition is not required. Accordingly, a circular will not be despatched to shareholders.
14 May 2008 17:58:00
(C)
Revenue declined to R419.6 million (R424.8 million). Net profit attributable to ordinary shareholders rose to R40 million (R28.9 million). However, headline earnings per share fell to 69.7cps (83.1cps).



Dividend

A final ordinary dividend of 9cps has been declared.



Prospects

The strategic positioning of the company in the commodity transport area continues to be beneficial and the current year's agricultural outlook is positive. Consequently prospects for the coming year are favourable.
13 May 2008 15:37:42
(Official Notice)
Shareholders are advised that CRG's earnings per share for the year ended 29 February 2008 are expected to increase by more than 35% due mainly to an increase in the value of the property portfolio. Due to the uncertainties in Zimbabwe a decision was made to impair the assets of that subsidiary and earnings per share were decreased by 32.8c. However, headline earnings per share will be 15% to 20% below those of the prior year. This decrease in headline earnings per share has been brought about through abnormally high operating costs in the agricultural sector of cane extraction from wet fields due to the poor climatic conditions experienced, and an increased interest charge resulting from the capital expenditure for fleet renewal, and higher interest rates. The final announcement of results for the year ended 29 February 2008 is expected to be published on or about 16 May 2008.
21 Feb 2008 09:01:25
(Official Notice)
The directors are pleased to advise that shareholders approved all the resolutions necessary to dispose of the letting enterprise including the property described as portion 306 of the farm Rietfontein no 63 IR, Gauteng.
04 Feb 2008 09:08:13
(Official Notice)
Shareholders are referred to the announcement dated 06 December 2007, wherein it was stated, inter alia, that a circular, containing full details of the disposal and incorporating a notice of general meeting, will be posted to shareholders.



Salient dates:

*Posting of the circular Monday, 04 February 2008

*Last date to lodge forms of proxy with transfer secretaries by 10h00 Thursday, 14 February 2008

*General meeting of shareholders to be held at 10h00 on Tuesday, 19 February 2008

*Results of general meeting published on SENS on Tuesday, 19 February 2008

*Results of general meeting published in press on Wednesday, 20 February 2008.
22 May 2006 08:51:31
(C)
Profit from operating activities increased by 35% to R48.33 million (R35.80 million) due to a buoyant industrial economy and the improved conditions in the agricultural sector. A 12% equity stake in a subsidiary company was sold during the year that resulted in a loss on sale of R195 000. This was in terms of a shareholders agreement between the group and the subsidiaries' BEE shareholder grouping. The contingent liability in respect of retirement funding as previously disclosed has been eliminated as a result of the Financial Services Board approving the retirement fund surplus apportionment in terms of the relevant legislation. Earnings per share increased by 52% to 165.2c (108.7c) and was largely due to the increase in the value of the group's investment property portfolio. Headline earnings per share increased by 23% to 119.4c (97.0c).



Dividend Declaration

A final dividend (no. 30) of 22.5cps (10.0cps) has been declared.



Prospects

The regional economy continues to be strong. The low interest rate environment, the company's strong balance sheet and the skills of the staff augur well for continued growth in earnings. The agricultural conditions are encouraging at this stage but abnormal conditions may hamper operations in this segment.
18 May 2006 09:40:39
(Official Notice)
Shareholders are advised that CCL's earnings per share for the year ended 28 February 2006 are expected to be 50% to 60% above the earnings per share for the previous year. This increase in earnings per share has been brought about through improved trading conditions, careful management of operating costs and an increase in the value of the property portfolio. However, headline earnings per share will increase by less than 30%.



The final announcement of results for the year ended 28 February 2006 is expected to be published on or about 22 May 2006.
17 May 2006 17:49:06
(Official Notice)
Shareholders are advised that Cargo's earnings per share for the year ended 28 February 2006 are expected to be 50% to 60% above the earnings per share for the previous year. This increase in earnings per share has been brought about through improved trading conditions, careful management of operating costs and an increase in the value of the property portfolio. However, headline earnings per share will increase by less than 30%. The final announcement of results for the year ended 28 February 2006 is expected to be published on or about 22 May 2006.
20 Oct 2005 08:45:52
(C)
Improved trading conditions and the careful management of vehicle utilisation and costs have enabled the company to show an increase of 25.1% in group net profit to R13.17 million (R10.53 million). This is despite a decrease in revenue of 4% to R192.69 million (R200.29 million) through the rationalisation of business which was performing below expectation. The net finance costs have increased over those of last year but strong operational cash flows, good working capital management, and the low interest rate environment, have contained the overall impact of the amount spent to renew and modernise the vehicle fleet. The consolidation of the Zimbabwean operations has negatively affected profits because of the vast devaluation of the Zimbabwean dollar. Earnings and headline earnings improved to 67.5cps (53.5cps) and 65.7cps (55.7cps) respectively.



Prospects

The industrial sector continues to be strong, whilst indications are that the agricultural sector will meet expectations. Much depends on the rainfall pattern in the second half year. The prospects for the company's chosen business sectors are positive and shareholders can anticipate improved results for the full year.
17 Oct 2005 17:12:38
(Official Notice)
Shareholders are advised that CCL's earnings per share for the period ended 31 August 2005 are expected to be 20% to 30% above the earnings per share for the comparable period in the previous year. This increase in earnings per share has been brought about through improved trading conditions in the group's areas of business and careful management of operating costs. However, headline earnings per share will increase by less than 20%. The final announcement of results for the period ended 31 August 2005 is expected to be published on or about 20 October 2005.
08 Jul 2005 10:50:25
(Media Comment)
Cargo has been awarded a 3 year transport contract with Highveld Steel and Vanadium worth R20m, said Business Day on 8 July 05
20-Oct-2017
(X)
With 60 years? experience, Cargo Carriers is southern Africa?s leading provider of supply chain and transport logistics solutions. Listed on the JSE since 1987, we focus on supporting clients across a wide range of industries to achieve more efficient and effective supply chains.



Backed by a highly skilled and motivated workforce, extensive infrastructure throughout southern Africa, unrivalled logistics management expertise, and cutting-edge IT systems, we are able to create value-driven solutions customised to our clients? precise needs.



We embrace the highest standards of ethical trading and corporate governance while adhering to internationally recognised standards of independently assured quality and environmental stewardship.


Send e-mail to for any enquiries or see Contact Details for phone numbers
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