Reports
and results

Financial highlights

• Revenue increased to R10 933 million (HY24: R10 448 million)
• EBITDA increased to R1 103 million (HY24: R968 million)
• Operating profit increased to R802 million (HY24: R684 million)
• Operating margin increased to 7.3% (HY24: 6.5%)
• Earnings per share increased to 289 cents (HY24: 285 cents)
• Headline earnings per share increased to 288 cents (HY2024: 282 cents)
• Net asset value R9 753 million (HY24: R10 259 million)
• Net working capital R3 964 million (HY24: R4 057 million)
• Strong net cash position, excluding lease liabilities R812 million (HY24: R1 636 million)

ESG Highlights

• Global credit rating affirmed long term: A+, short term: A1 both with stable outlook
  (HY24: long term: A+, short term: A1 both with a stable outlook)
• Zero fatalities recorded (HY2024: zero)
• Recordable case rate (RCR) improved – 0.09 (HY24: 0.11)
• Lost-time injury incidents 6 (HY2024: 3)
• Fire, explosion and releases (FER) improved – 0.21 (HY2024: 0.31)
• B-BBEE rating Level 2 maintained (HY2024: Level 2)
• CO₂ intensity improved to 0.035 tonnes of CO₂e per tonne manufactured (HY2024: 0.042 tonnes CO₂e)
• Energy use efficiency (net) improved to 0.27 gigajoules per tonne manufactured (HY2024: 0.29 gigajoules)
• Renewable energy use increased to 9 691 MWh (HY2024: 5 348 MWh)
• Water-use efficiency maintained at 0.41 kilolitres per tonne manufactured (HY2024: 0.41 kilolitres)
• Water recycled or reused increased to 93ML (HY2024: 66ML)
• Used oil consumed decreased to 18ML (HY2024: 19ML)