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Metair - trading statement
Metair reported a positive trading update for H1 2026, with expected total headline earnings per share (HEPS) of 70 to 75 cents, up 7% to 15% from H1 2025, and earnings per share (EPS) of 65 to 75 cents, turning around from a loss of 93 cents. Revenue from continuing operations is projected to be marginally higher than R8.5 billion, supported by cost-saving initiatives and the full inclusion of Hesto. The company successfully refinanced its R3.3 billion debt package, extending terms to five years and reducing interest rates. Despite subdued local OEM production, Metair remains resilient, focusing on operational improvements and market opportunities. Financial results are scheduled for release on or about 26 August 2026.
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| Closing price data source: JSE Ltd. All other statistics calculated by ProfileData. |
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