Barloworld Limited: Barloworld's Russia, Southern Africa businesses feel the heat; Mongolia delivers some cheer

In a five-month trading update published on Tuesday, JSE-listed Barloworld says the performance of the group's Mongolia business managed to somewhat counteract the contraction of its Equipment Southern Africa and Vostochnaya Technica (VT) divisions. Barloworld's Ingrain business also saw a "significant improvement in operational results" following the rollout of a turnaround plan.