|
|
Sasol - production & sales metrics announcement
Sasol has published its production and sales metrics for the nine months ended 31 March 2021 on the Company´s website, under the Investor Centre section: www.sasol.com/investor-centre/financial-reporting/business-performance-metrics
New operating model
As previously communicated, Sasol’s response plan to mitigate the impact of the COVID-19 pandemic and lower oil prices included near-term deleveraging measures together with a reset of the strategy and operating model to position the business for sustained profitability in a low oil price environment. The new operating model is now in place and allows the business to be more agile, cost competitive and customer focused.
The non-financial information contained in the business performance metrics for the nine months ended 31 March 2021 has been presented in accordance with the new operating model. The financial information has been restated for financial years 2019, 2020 and half year 2021. Additional information, including a revised overview of the business and modelling guidance for analysts and investors, is available on Sasol’s website: www.sasol.com/investor-centre/reporting/other-market-updates/new-operating-model
Trading statement for the financial year ending 30 June 2021
Sasol’s shareholders are advised that for the financial year ending 30 June 2021 (FY21) headline earnings per share (HEPS) are expected to improve by at least 20%, compared to the headline loss per share of R11.79 reported for the year ended 30 June 2020. Earnings per share (EPS) are also expected to improve by at least 20%, compared to the loss per share of R147.45 reported for the year ended 30 June 2020. For the six months ended 31 December 2020, Sasol reported HEPS of R19.16 per share and EPS of R23.41 per share.
Sasol’s FY21 results may still be impacted by a number of factors including adjustments resulting from the year-end closure process. A comprehensive trading statement will be published as soon as there is more certainty.
The financial information on which this trading statement is based has not been reviewed and reported on by the Company's external auditors. Sasol's audited FY21 results will be announced on Monday, 16 August 2021.
|
|
Click here for original article
|
| |
| |
|
| Closing price data source: JSE Ltd. All other statistics calculated by ProfileData. |
| |
|
|
