Quick Facts

Sasol Sees Drop In Annual Adjusted EBITDA

Sasol Ltd (SSL), a chemicals and energy company, Monday said it currently expects adjusted earnings before interest, tax, depreciation and amortisation or adjusted EBITDA for the year ended June 30 2024 to decline between 2 percent and 17 percent from R66.3 billion in the prior year.

The company now expects adjusted EBITDA to be between R54.7 billion and R64.7 billion.

For the tear, basic loss per share is expected to be between R68.82 and R71.48 compared with R14.00 reported last year.

The company expects headline earnings per share to be in the range R12.28 - R21.95, compared with the prior year HEPS of R53.75; and core headline earnings per share are expected to be between R35.03 and R43.62 compared with R47.71 last year.

Full-year results are scheduled to be reported on August 20.

by RTTNews Staff Writer

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