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Home / Investors / Financial reports / Annual results 2018

Annual results

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