Performance Highlights
Waco International is a profitable business that has delivered attractive returns over the past five years. As demonstrated in the graphs below, the Group’s track record of strong growth has delivered significant operational leverage, while good cash generation has supported substantial investment that has yielded sound returns.
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GROWTH | |
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CONTINUED INVESTMENT IN FLEET |
• Net fleet investment R1 358 million ✓ (2013 – 2017) |
• R284 million ✓ spent on bolt-on acquisitions (2013 – 2017) |
SUBSTANTIAL CASH GENERATED, STRENGTHENING THE BALANCE SHEET | |
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DELIVERING EXCELLENT RESULTS |
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(2013 – 2017) indicates five years’ performance data for the period 1 July 2012 – 30 June 2017.
During 2017, the Group’s diversification strategy, along with its disciplined execution of major projects and heightened focus on improving operational efficiencies and managing cost to serve, mitigated the impact of difficult operating conditions in Africa and Australia. This combined with a number of growth initiatives delivered increased returns on investment, which enabled the Group to maintain the momentum of its growth trajectory. Click here to download the 2018 Integrated Report |