FY2022

Financial results

Short form: Unaudited results for the six-month period ended 30 September 2021 (1.6MB)
Full announcement: Unaudited results for the six-month period ended 30 September 2021 (3.9MB)
Webcast (11:30am)
Results presentation (2.5MB)
VIDEO: Highlights HY2022

Resilient performance in an increasingly complex local and international operating environment
Disciplined capital allocation to create long-term stakeholder value
Optimised supply chain improved reliability and agility across the value chain
Revenue increased to R9.9bn (HY2021: R7.6bn)
Operating profit increased to R679m (HY2021: R400m)
Profit after tax increased to R467m (HY2021: R213m)
EBITDA, excluding impairments increased to R1 042m (HY2021: R773m)
Earnings per share increased to 282 cents (HY2021: 128 cents)
Headline earnings per share increased to 286 cents (HY2021: 125 cents)
Net asset value decreased to R9.3bn (HY2021: R9.6bn)
Net cash increased to R719m (HY2021: R1.9bn net debt)
Net working capital decreased to R3bn (HY2021: R3.7bn)

Recordable case rate (RCR) maintained at 0.35
B-BBEE rating maintained at level 2
BME wins CAIA Responsible Care® Award for used oil recycling initiative and prestigious Indonesian "good mining practices" award
Global credit rating improved to long term: A, short term: A1
with a stable outlook from long-term BBB+, short term: A2 with a stable outlook
Group GHG emissions improved to 113 829 tonnes of CO₂e
Broad-based employee share scheme implemented