Pickup in mining activity gives Barloworld a boost
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Despite a stronger rand holding back revenue growth during the period - with revenue up a tepid 1% to just under R31bn, Barloworld's reported a 14% rise in first-half earnings -from continuing operations. While operating profit increased 6%. The results come primarily on the back of improved performance by its equipment businesses in Russia and Southern Africa. And company CEO Dominic Sewela joins us now for more insight ..