(Reuters) - South African industrial group Barloworld posted a 14 percent jump in first-half headline earnings, helped by strong growth in its earthmoving business, and gave a rosy outlook following a major shift in strategy.
Barloworld, which represents leading international brands such as Caterpiller earth-moving machines and Avis car hire, is the world's largest independent lift truck dealer. The company has decided to focus on its equipment, motor, materials handling and logistics divisions and is selling other units to achieve this goal.
Read more at Reuters Africa
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