JSE-listed transport logistics and mobility group Super Group achieved strong results for the financial year ended June 30, despite difficult economic climates and political uncertainties in various countries.

CEO Peter Mountford said in a statement on Monday that the sub-Saharan African commodity-facing businesses had delivered robust performances, as had the industrial, technology, Digistics and vehicle rental businesses in the Supply Chain Africa segment.

He added, however, that the Supply Chain Europe segment had performed poorly in Germany, on the back of a depressed automotive market.

The SG Fleet business’ performance for the year was also under pressure, owing to challenges experienced in the first half of the 2019 calendar year.

The Fleet Africa business ended the year in a strong position, with new full maintenance lease contracts secured and a large existing parastatal contract extension.

The Dealerships South Africa business performed above expectation, as did Dealerships UK, despite ongoing Brexit uncertainties.

Super Group concluded several acquisitions in the reporting year. These include an 80% interest in specialist overnight cargo business Cargo Works for nearly R50-million. The company also acquired a minority interest in Legend Logistics for R174-million, which resulted in this businesses becoming a wholly-owned subsidiary.

Dealerships South Africa acquired Orbit Motors for R1.1-million in the reporting year.

Further, Super Group increased its shareholding in SG Fleet to 59.2%, from 57%.

The company’s operating profit in the reporting year increased by 7% year-on-year to R2.6-billion.

Earnings a share increased by 12.5% to 360c apiece, while headline earnings a share increased by 12.5% to 373c apiece.

Following the financial year-end, Super Group acquired a 65% interest in Lieben Logistics and 51% interest in GLS Supply Chain Equipment, effective July 1, for R498-million and R96-million, respectively. These will form part of the Supply Chain Africa segment.

Meanwhile, the Supply Chain Europe segment acquired an 80% interest in Trans-Logo-Tech, effective July 5, for R184-million.

Super Group expects market conditions, locally and globally, to remain stagnant throughout the 2020 financial year.

The company said it would continue to explore business opportunities, especially in the consumer distribution and freight management logistics environment, as well as product and technology innovation, to unlock shareholder value.