Investor Relations

MEDIA RELEASE

08 March 2024
MPACT delivers a robust set of results

Johannesburg, 8 March 2024 – Mpact, the largest paper and plastics packaging business and recycler in Africa, delivered a resilient performance for the year ended 31 December 2023, reporting headline earnings per share growth of 8%, in a challenging economic environment.

PRESENTATION

UPCOMING EVENT

11 March 2024

Interim results presentation

2022 Key Metrics

  • Group revenue increased
    by 7.1% to

    R12.4bn*

    (2021: R11.5bn*)

    Underlying operating profit (EBIT) improved by 22.9% to

    R1.164bn*

    (2021: R948m*)

    Underlying earnings
    per share (EPS) up 26.7% to

    456 cents

    (2021: 360 cents)

    Total dividends per share for the year up 130% to

    115 cents

    (2021: 50 cents)

    Return on capital employed
    (ROCE) increased to

    18.5%*

    (2021: 17.8%*)

    Energy consumption for
    manufacturing operation

    6.10GJ/t#

    (2021: 6.38 GJ/t#)


  • Solar PV installed to date

    9.4MWp

    (2021: 4.6 MWp)


    Recovered recyclables

    716,076 tonnes

    (2021: 627,028 tonnes)


    Water consumption for manufacturing operation

    5.13kl/t#

    (2021: 5.44 kl/t#)


    Scope 1 and 2 greenhouse gas (GHG) emissions

    0,867 tCO2e/t#

    (2021: 0.906 tCO2e/t#)


    Serious injury
    frequency rate

    0.41

    per 200,000 man-hours worked

    (2021: 0.58)


    CSI spend

    R11.8m

    (2021: R11.8m)



    Training and skills development

    54,506

    man-hours

    (2021: 38,311)

Mpact Operations retained its Level 1 B-BBEE-rating

48 full university bursaries awarded through the Mpact Foundation Trust since inception

* Continuing operations
# Per production tonne