Barloworld Reports Upbeat Full-Year Profit

Barloworld Ltd BRRAY reported upbeat full-year profit. Barloworld's diluted headline earnings per share for the period rose to 461.2 cents, from 170.3 cents, in the year-ago period. However, analysts were expecting earnings of 428.8 cents. Barloworld's sales surged 22% to 49.8 billion rand ($6.3 billion). Barloworld shares closed at $8.80 on Friday.