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Financial reports

Integrated Report 2015

Annual results 2015

Year in context
  • Challenging trading environment across South African industries
  • Benefit of buoyant sub-sector growth and internal interventions
  • Strong improvement in the Plastics business
  • Major capital projects delivered on time and within budget
    • Obtained approvals for Savuka PET
  • Improved B-BBEE to Level 3
  • Renegotiated debt facilities

Interim results 2015

Salient features from continuing operations
  • Revenue of R4.4 billion up 10.8%
  • Underlying operating profit increased 26.8% to R342 million
  • Basic underlying earnings per share up 47.4% to 135.3 cents
  • Return on Capital Employed of 17.9%
  • Interim gross cash dividend up 15.4% to 30 cents per share
  • rPET project and Phase 1 of the Felixton mill rebuild commissioned on schedule and within budget