Reports
and results

Industrial [photo] 

Financial results

FY2016

Audited results for the year ended 31 March 2016
  • Highlights

    • Revenue remained flat at R16.8 billion
    • Profit after tax of R702 million down 25%
    • Operating profit down 19% - R1 189 million
    • Headline earnings per share down 29% - 1 033 cents
    • Profit before tax of R1 012 million - down 24%
    • A- CREDIT RATING - affirmed by Global Credit Rating in July 2015 at A- (long-term) and A1- (shortterm), with a positive ratings outlook
    • UNGEARED BALANCE SHEET: with a net cash positive position of R228 million at year-end compares favourably with the 12% gearing recorded at FY2015
    • Cash generated from operations increased to R2.3 billion up R1.3 billion year-on-year
 
Unaudited results for the six months ended 30 September 2015
    • Highlights:

      • Revenue increased by 2.2% to R7.8 billion
      • Profit for the period down 18.1% to R331 million
      • Operating margin down to 6.9%
      • Headline earnings per share down 19.0% to 494.0 cents per share
      • Debt: equity ratio improves from 29.7% to 22.8%
      • Dividend up 5.3% to 180 cents per share