Reports
and results

Industrial [photo] 

Financial results

FY2021

Unaudited results for the six months ended 30 September 2020
  • Highlights

    • Revenue stable Continuing operations: R8.2bn (HY2020: R8.3bn)
    • Operating profit increased Continuing operations: R341m (HY2020: R273m)
    • Net interest decreased Continuing operations: R136m (HY2020: R280m)
    • Profit after tax increased Continuing operations: R239m (HY2020: R26m)
    • Earnings per share increased Continuing operations: 143 cents (HY2020: 33 cents)
    • Headline earnings per share increased Continuing operations: 141 cents (HY2020: 43 cents)
    • EBITDA increased Continuing operations: R742m (HY2020: R669m) (excluding impairment)
    • Net working capital decreased to R3.7bn (HY2020: R4.6bn)
    • Net debt decreased to R1.9bn (HY2020: R3.3bn)
    • Net debt to EBITDA ratio down (EBITDA 12-month rolling) Continuing operations: 1.2 (HY2020: 2.9)
    • Net asset value increased to R9.6bn (HY2020: R9.1bn)
     

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