Barloworld CEO Dominic Sewela on Russian operations, decision to close KLL

PUBLISHED: Mon, 20 May 2019 10:38:03 GMT

Barloworld has delivered a moderate set of interim results. The logistics and automotive company saw growth in their Southern African equipment business with revenue up 15.7 per cent to R10 billion on the prior period, but were weighed down by instability in their Russian operations and a growth in net debt. CEO Dominic Sewela spoke to CNBC Africa’s Kopano Gumbi.