Since 2002, total Grindrod assets have increased in value by 350%, and revenue by 700% to R17bn. Year-to-year from 2005 to 2007, revenue rose by 68% and 36%. In the same six-year period, which started with the share price on 140c, earnings rose 620% to R1,2bn, and the stock hit a record high of R140 (taking out the effect of the share split). New CEO Alan Olivier knows the business very well, and global shipping markets are suited to Grindrod's blend of contracts.
BDFM Publishers (Pty) Ltd disclaims all liability for any loss, damage, injury or expense however caused, arising from the use of, or reliance upon, in any manner, the information provided through this service and does not warrant the truth, accuracy or completeness of the information provided. The publisher's permission is required to reproduce the contents in any form including, capture into a database, website, intranet or extranet.
