SSL - Earnings announcements

JOHANNESBURG, Dec. 1, 2022 /PRNewswire/ --  TRADING STATEMENT FOR THE SIX MONTHS ENDING 31 DECEMBER 2022 Sasol shareholders are advised that for the six months ending 31 December 2022 (2023 financial half year) earnings per share (EPS) and headline earnings per share (HEPS) are expected to increase by more than 20%, compared to EPS of R23,98 and HEPS of R15,21 reported for the six months ended 31 December 2021 (the comparative period). We continue to see the favourable impact of the higher Brent crude oil price, refining margins and weaker Rand / US Dollar exchange rate on our gross margins. These benefits were partly offset by the downturn in chemical sales prices and higher chemical feedst

Black-owned businesses spend in South Africa up 40% to R33,6 billion of R55,8 billion B-BBEE spendInvested R1,2 billion in skills developmentKey terms agreed with IPPs for more than 600MW of renewable energy for SA OperationsBalance sheet strengthened with net debt down to US$3,8 billionReinstatement of dividend of R14,70 per shareEarnings before interest and tax (EBIT) up by more than 100% to R61,4 billionEarnings per share up more than 100% to R62,34, core headline earnings per share up more than 100% to R68,54JOHANNESBURG, Aug. 23, 2022 /PRNewswire/ -- Sasol delivered a strong set of financial results against the backdrop of increased volatility resulting from ongoing geopolitical tension

JOHANNESBURG, Aug. 23, 2022 /PRNewswire/ -- Earnings Performance Sasol delivered a strong set of financial results against the backdrop of increased volatility resulting from ongoing geopolitical tensions, extended COVID-19 lockdowns and global supply chain disruptions. We benefitted from higher energy and chemicals prices, as well as strong cost and capital discipline through the delivery of our Sasol 2.0 transformation programme. This was offset by lower volume performance mainly due to the operational challenges experienced in the first half of the financial year. We have seen improved performance on the back of more stable operations in the second half of the financial year Earnings befo

JOHANNESBURG, Aug. 4, 2022 /PRNewswire/ -- Sasol's financial performance for the year ended 30 June 2022 (2022 financial year) was underpinned by a favourable macroeconomic environment, with higher crude oil prices, refining margins and chemicals prices against a backdrop of heightened geopolitical tensions. This resulted in a strong gross margin improvement from the prior year, combined with robust cost and capital expenditure performance. These benefits were partly offset by operational challenges in our integrated South African value chains which resulted in lower production, as reported in the annual business performance metrics published on 25 July 2022 (https://www.sasol.com/investor-c

JOHANNESBURG , July 25, 2022 /PRNewswire/ --  PRODUCTION AND SALES METRICS FOR THE YEAR ENDED 30 JUNE 2022 Sasol has published its production and sales performance metrics for the year ended 30 June 2022 on the Company´s website at www.sasol.com, under the Investor Centre section: https://www.sasol.com/investor-centre/financial-results UPDATE ON NATREF OPERATIONS On 15 July 2022, Sasol declared force majeure on the supply of petroleum products to its commercial customers, following delays in crude oil shipments to Natref due to a force majeure at the loading port. Crude oil supply has subsequently been partially restored. Natref is expected to restore production capacity by the end of July 2

JOHANNESBURG, Feb. 21, 2022 /PRNewswire/ -- Earnings performance Earnings before interest and tax (EBIT) was R24,3 billion, an increase of 12% compared to the prior period. This performance was underpinned by a strong macroeconomic environment with higher crude oil prices, refining margins and chemicals prices coupled with increased demand, negated by lower production volumes due to operational challenges at our Secunda Operations (SO). Earnings were impacted mainly by the following non-cash adjustments: Reversal of impairments of R1,4 billion mainly due to a higher price outlook on the back of a sustained increase in demand for alcohols into the personal hygiene market during and post the

JOHANNESBURG, Feb. 8, 2022 /PRNewswire/ -- Sasol is expected to deliver a mixed set of results for the six months ended 31 December 2021 (2022 financial half year). Improved Brent crude oil price, refining margins and chemical prices resulted in a notable gross margin improvement from the prior half year, combined with strong cost and capital expenditure performance. These benefits were partly offset by operational challenges in our South African value chains which resulted in lower production, as reported in our Business Performance Metrics SENS announcement on 25 January 2022. Sasol´s adjusted earnings before interest, tax, depreciation and amortisation (adjusted EBITDA**) for the six mont

JOHANNESBURG, Dec. 14, 2021 /PRNewswire/ -- Background Shareholders are referred to Sasol's announcement published on the Stock Exchange News Service on 21 October 2021 relating to the production and sales performance metrics for the three months ended 30 September 2021. In the announcement referred to above, the forecast production volumes for Secunda Operations (SO) for financial year 2022 were revised from 7,4 to 7,5 million tons to 7,3 to 7,4 million tons. This reduction was largely due to unforeseen delays during the September shutdown, interruption of power supply from Eskom, poor coal quality and other operational instabilities. In that announcement, we set out the challenges experi

JOHANNESBURG, Aug. 16, 2021 /PRNewswire/ -- Sasol delivered a strong set of results for the year ended 30 June 2021. Our earnings before interest and tax (EBIT) of R16,6 billion increased by more than 100% compared to the prior year. This performance was underpinned by a strong cost, working capital and capital expenditure performance, despite the continued impact of the COVID-19 pandemic and adverse weather events. A notable gross margin recovery was recorded in the second half of the financial year, supported by the combined impact of higher Brent crude oil and chemicals prices, offset by a stronger rand/US dollar exchange rate. Our earnings were mainly impacted by the following non-cash

JOHANNESBURG, July 27, 2021 /PRNewswire/ -- PRODUCTION AND SALES METRICS FOR THE YEAR ENDED 30 JUNE 2021  Sasol delivered volumes in line with guidance for the year ended 30 June 2021 despite the challenging operating environment. Volumes in the Chemicals business were lower due to the previously reported divestments in North America alongside an adverse impact from weather events in both North America and South Africa.  This was offset by higher average chemical basket prices which helped to deliver an increase in revenue for the financial year. The Energy business benefitted from a strong recovery in demand following the easing of lockdown restrictions, and higher oil prices in the secon