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05/28/14 - $556.00
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onelogix group ltd (OLG) Details

OneLogix Group Limited, together with its subsidiaries, provides logistics and related services to organizations and individuals primarily in South Africa. It operates through Specialised Transport and Retail segments. The company offers vehicle delivery services for transporting vehicles for various multi-national manufacturers through a fleet of approximately 250 trucks and specialized car carrying trailers; commercial vehicle delivery services, which specialize in the transportation of new commercial vehicles; and transports goods comprising unpacked/packed machinery in the earthmoving and agricultural sectors, as well as containerized cargo, break bulk, steel, bagged goods, and drums through a fleet of 45 trucks with superlink, flatbed, lowbed, extendable, and step deck trailers. It also transports liquid hazardous chemicals, oils, acids, food grade products, and petroleum gas; and provides project logistics and abnormal load solutions, which comprise scheduling and executing harbour movements, warehousing, and management of staged and aggregate moves with monitoring and reporting services. In addition, the company offers a range of business support solutions to SMMEs, including courier, copy and print, digital, stationery, mailbox, and telecommunications services through a franchise network of 256 stores; and structural repair services, such as accident repairs, structural repairs to chassis, cab rebuilds, specialised spray painting, and accident recovery services for heavy commercial vehicles. OneLogix Group Limited was founded in 2000 and is headquartered in Kempton Park, South Africa.

1,210 Employees
Last Reported Date: 10/22/13
Founded in 2000

onelogix group ltd (OLG) Top Compensated Officers

Chief Executive Officer, Executive Director a...
Total Annual Compensation: R3.5M
Finance Director, Executive Director and Memb...
Total Annual Compensation: R2.3M
Chief Operating Officer and Executive Directo...
Total Annual Compensation: R3.3M
Executive Director and Managing Director of V...
Total Annual Compensation: R3.5M
Compensation as of Fiscal Year 2013.

onelogix group ltd (OLG) Key Developments

Onelogix Group Ltd. Announces Changes to its Board of Directors

With effect from 20 May 2014, Ashley Ally, a non-executive director, resigned from the board of directors of Onelogix Group Ltd.; Deborah Hirschowitz, former alternate director to Ashley Ally, has been appointed as a non-executive director to the board and as a member of the Audit Committee; and Andrew Brooking, a non-executive director, has stepped down from the Audit and Risk Committee.

ONELOGIX GROUP LIMITED Announces Acquisition of Land for Development of A Premises in Kwa-Zulu Natal

ONELOGIX GROUP LIMITED has concluded an agreement with Afroprop Natal Proprietary Limited for the acquisition of portion 855 (of 844) of the farm Vaalkop and       Dadelfontein no. 885 for a purchase price of ZAR 69,161,000. The seller is the beneficial owner of the land. OneLogix has been investigating suitable new premises for Vehicle Delivery Services Proprietary Limited in the Durban area. The land is a large tract of land between Durban and Pietermaritzburg that OneLogix plans to develop into a major vehicle storage facility for VDS, together with further facilities for general group usage, such as a large workshop, fuel tanks and truck parking areas for various group subsidiaries.

Onelogix Group Ltd. Announces Unaudited Consolidated Earnings Results for the Six Months Ended November 30, 2013

Onelogix Group Ltd. announced unaudited consolidated earnings results for the six months ended November 30, 2013. For the six months, the company reported revenue of ZAR 664,956,000 against ZAR 498,983,000 a year ago. Operating profit was ZAR 67,754,000 against ZAR 50,728,000 a year ago. Profit before taxation was ZAR 62,164,000 against ZAR 45,556,000 a year ago. Profit from continuing operations was ZAR 45,371,000 or 17.2 cents per diluted share against ZAR 32,529,000 or 13.1 cents per diluted share a year ago. Profit attributable to owners of the parent was ZAR 39,863,000 or 17.2 cents per diluted share against ZAR 38,910,000 or 16.9 cents per diluted share a year ago. Headline earnings were ZAR 39,806,000 or 17.2 cents per diluted share against ZAR 30,593,000 or 13.3 cents per diluted share a year ago. Diluted headline earnings per share from continuing operations were 17.2 cents against 13.2 cents per share a year ago. Net cash generated from operations was ZAR 63,292,000 against ZAR 32,734,000 a year ago. The group has authorized capital expenditure over the next six months of R52.3 million. R46.8 million is already committed.


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