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Highlights
- Headline Earnings per share up 222% to 119 cps
- Record sales of 232 000 tons
- Strong cash flow of R415 million
- Best ever safety performance (LTIFR: 0.09 and TRCFR: 0.27)
Richard Jacob, CEO, commented:
"This record set of results is based on a much improved and more consistent manufacturing
performance, tighter capital discipline and a weaker Rand against the US Dollar. In spite of a
stronger currency environment in the second half, Hulamin performed particularly well in
this period, improving HEPS from 48 cps in the first half of 2016 to 71 cps in the second, and
improving cash flow from R33 million to R382 million over the same period."
Read More: Download the full SENS document or the Results Presentation below.