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Financial reports

Integrated Report 2018

Annual results 2018

Salient features from continuing operations
  • Resilient performance and response to Covid-19 lockdown
  • Cash generated from operations of R1.9 billion, highest on record (2019: R986 million)
  • Net debt down 38.6% to R1.4 billion (2019: R2.3 billion)
  • Gearing improved to 26.6% (2019: 38.2%)
  • Underlying earnings per share up 4.6% to 201 cents (2019: 192 cents)
  • Share buy-back returned R345 million to shareholders (by end Jan 2021)
  • Mpact Operations maintained its Level 1 B-BBEE rating

Interim results 2018

Salient features from continuing operations
  • Revenue increased by 2.9% to R5.0 billion (June 2017: R4.8 billion)
  • EBITDA of R443 million (June 2017: R433 million)
  • Underlying operating profit of R168 million (June 2017: R169 million)
  • Underlying earnings per share of 31.5 cents (June 2017: 34.3 cents)
  • Gearing improved to 34.4% (June 2017: 36.3%)
  • Interim gross dividend of 15 cents per share (June 2017: 15 cents per share)