KAL - voluntary trading update
KAL ("KAL" [JSE]) has issued a voluntary trading update for the year ending 30 September 2025, indicating a positive operational performance. The group’s trading profit, which accounts for fuel price volatility, is expected to increase by 7% to 13% compared to the previous year, driven by growth across its retail, agricultural, and fuel segments. Notably, the retail segment showed stronger H2 performance with margins widening, while the agricultural segment benefited from favourable farming conditions and increased infrastructure investment. The fuel segment experienced a 0.8% rise in group litres sold, supported by new sites and improved volumes. Debt levels are at a 15-year low, and working capital is well managed, supporting the forecasted profit growth. Full financial results will be released around 27 November 2025.
|
