Reports
and results

Industrial [photo] 

Financial results

2016

  • Unaudited results for the six months ended 30 September 2016

    Highlights

    • Revenue increased by 2.5% to R7.9 billion
    • Profit for the period down 22.1% to R258 million
    • Headline earnings per share down 24.9% to 371 cents
    • Debt: equity ratio improves from 22.8% to 20.2%
    • Operating margin down by 1.1% to 5.8%
    • Dividend declared of 160 cents pershare

     

    • 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