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Sasol -- trading statement
Expected headline earnings per share for the financial year ended 30 June 2012 are to increase by between 20% and 30%, and earnings per share to increase by between 14% and 24%, compared to the prior financial year.
Sasol's profitability for the financial year ended 30 June 2012 compared to the previous financial year has improved due to an overall solid production performance as well as a 17% increase in the average Brent crude oil price, and an 11% weakening of the ZAR/US dollar exchange rate.
Sasol remains a strong cash generator and maintains a solid financial position.
Shareholders were accordingly advised that Sasol's headline earnings per share (''HEPS'') for the year ended 30 June 2012 are expected to increase by between 20% and 30%, and earnings per share (''EPS'') for the year ended 30 June 2012 are expected to increase by between 14% and 24%, compared to the previous financial year.
Sasol's results may be further affected by any adjustments resulting from our year end closure process. This may result in a change in the estimated earnings.
Sasol's financial results for the year ended 30 June 2012 will be announced on Monday, 10 September 2012.
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