Barloworld Handling “back to black”

News Story
- 8 Dec 2011 ( #543 ) - Maidenhead, United Kingdom
2 min read
Phil Bastow
Phil Bastow
Barloworld Handling has reported double-digit improvements in revenue for its UK, Europe and Southern African operations, and a return to operating profits.

The world's largest independent forklift distributor's divisional revenue rose 15% from the previous year's ZAR4.1 billion (USD511 million) to ZAR4.7 billion (USD587 million) for the year ended September 2011.

In the UK, the company says it focussed on providing intelligent services to existing customers, leading to improved customer retention while also gaining new accounts.

"Improvements came from a number of factors including a recovery within the global materials handling equipment market, leading to growth in sales, service and short-term hire revenue. Efficiency improvements also enabled the group to be more profitable," a spokesman tells Forkliftaction.com News, adding that the company's operating profit rose to ZAR72 million (USD9 million) from a loss of ZAR3 million (USD374,000) the year before.

Phil Bastow, managing director for the UK, explains that for the past financial year, the business performed well in the ports, terminals and logistics sector. "We have a highly competitive offering in this area, matching class-leading equipment to bespoke intelligent service, which truly helps customers to reduce cost and improve efficiency."

Barloworld Handling reports that utilisation of its national short-term hire fleet grew as industry demand returned. It has invested GBP3 million (USD4.7 million) to add 140 new Hyster trucks to the fleet.

"This was in response to increased demand and utilisation across its fleet and to support its commitment to provide modern, reliable equipment to loyal customers," the spokesman says.

Barloworld Handling claims its short-term hire fleet has the best age profile and condition in the industry.

Parent company Barloworld Ltd reported annual revenue jumped 22% from the previous year's ZAR40.8 billion (USD5.9 billion) to ZAR49.823 billion (USD6.2 billion).

Barloworld Ltd, present in 41 countries, provides solutions in the industrial equipment, automotive and logistics sectors. Barloworld Handling has operations in the UK, the Netherlands, Belgium, South Africa and the US. As the UK's exclusive Hyster distributor since 1956, Barloworld maintains nearly 25,000 forklifts in the country.
Jungheinrich steps closer to 2017 sales target
Jungheinrich steps closer to 2017 sales target 12 Mar 2015 - Hamburg, Germany - 1 min read
World market advanced in third quarter
World market advanced in third quarter 20 Nov 2014 - Hamburg, Germany - 1 min read
Previously about:
Katoen Natie attracted by lifetime costs News Story - 17 Jan 2013 - Antwerp, Belgium - 2 min read
Canute invests in forklift transporter fleet News Story - 20 Sep 2012 - Purfleet, United Kingdom - 2 min read
Barloworld secures major contract News Story - 26 Jul 2012 - Maidenhead, United Kingdom - 2 min read
Do you have materials handling news? Submit your news here

Trelleborg expertise in material handling applications has led to the development of the XP1000 forklift tire. Specifically designed for maximum intensity applications, it is the perfect tire for warehouse operations, port yards, shop floors, and more.
The XP1000 gives maximum strength to maximum intensity applications. You can count on top performance at top speeds, heavy loads and long days.
- Maximum value for your operations
- Maximum reliability and safety for machine operators

Contact us to find out more! 

Words of support …

Undoubtedly, peer experience plays a crucially important role in our industry and it is extremely valuable for us to be part of the platform, where industry professionals, as well as end users can discuss and learn more about the materials handling world.

Alexandra Artemova, Marketing Specialist - Rocla AGV Solutions

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

Even the heaviest lifts must be easy to handle. That’s why N.C. Nielsen raises the bar in lifting capacity, maneuverability, operator comfort, flexibility and technical capabilities.
Heavy duty reach stackers – lifting capacity from 85 to 180 tons.
VIEW ALL OUR CUSTOM-BUILT HEAVY DUTY REACH STACKERS

Contact us now: +45 99 83 83 83 - www.nc-nielsen.com

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

Trelleborg expertise in material handling applications has led to the development of the XP1000 forklift tire. Specifically designed for maximum intensity applications, it is the perfect tire for warehouse operations, port yards, shop floors, and more.
The XP1000 gives maximum strength to maximum intensity applications. You can count on top performance at top speeds, heavy loads and long days.
- Maximum value for your operations
- Maximum reliability and safety for machine operators

Contact us to find out more!