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Financial reports

Integrated Report 2022

Annual results 2022

Salient features from continuing operations
  • Strong financial performance and good progress on Group strategy implementation
  • Underlying operating profit (EBIT) improved by 22.9% to R1.164 billion (2021: R948 million)
  • 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%)
  • Mkhondo Mill investment and funding approved
  • Mpact Operations retained its Level 1 B-BBEE-rating

Interim results 2022

Salient features from continuing operations
  • Underlying operating profit increased by 21.5% to R387 million (June 2021: R319 million)
  • Underlying earnings per share up 28% to 138.9 cents (June 2021: 108.5 cents)
  • Return on Capital Employed (ROCE) improved to 18.0% (June 2021: 15.4%)
  • Interim dividend declared of 40 cents per share (June 2021: nil cents per share)