TRADING STATEMENT FOR THE SIX MONTHS ENDED 31 DECEMBER 2023
JOHANNESBURG, Feb. 9, 2024 /PRNewswire/ -- Sasol's financial results for the six months ended 31 December 2023 were negatively impacted by the continued volatile macro-economic environment, with weaker oil and petrochemical prices, unstable product demand and ongoing inflationary cost pressure.
- JOHANNESBURG, Feb. 9, 2024 /PRNewswire/ -- Sasol's financial results for the six months ended 31 December 2023 were negatively impacted by the continued volatile macro-economic environment, with weaker oil and petrochemical prices, unstable product demand and ongoing inflationary cost pressure.
- Sasol's adjusted earnings before interest, tax, depreciation and amortisation (adjusted EBITDA*) for the six months ended 31 December 2023 are expected to be between R26,2 billion and R29,4 billion compared to the prior half year adjusted EBITDA of R32,0 billion (representing a decrease of between 8% and 18%).
- The liquid fuels component of the Secunda refinery was fully impaired at 30 June 2023.
- The financial information underpinning this trading statement has not been reviewed and reported on by the Company's external auditors.