Diversified industrial company Barloworld has reported a 7.4% decline in group revenue from R40.4-billion to R37.4-billion for the 11 months ended August 31, compared with the same period last year. In a voluntary trading update published on September 26, Barloworld revealed that earnings before interest, taxes, depreciation and amortisation (Ebitda) for the period dropped by 14.3%, from R4.9-billion to R4.2-billion. The Ebitda margin decreased from 12% to 11.1%, while the operating profit margin fell from 9.4% to 8%.