Energy and chemicals producer Sasol reports that its earnings for the year to end-June will be higher than the prior year, owing to a combination of higher sales and prices, which more than offset the impact of the stronger rand.
In a trading statement issued ahead of the release of Sasol’s financial results on September 1, the group said that its headline earnings per share (HEPS) would be between R36 and R40, up between 2% and 14% compared with the prior year HEPS of R35.13.
Earnings per share (EPS) would be between 65% and 84% higher when compared to the prior-year EPS of R10.60, at between R17.50 and R19.50.
Adjusted earnings before interest, taxes, depreciation and amortisation is expected to be between R58-billion and R62-billion, an increase of between 12% and 20% compared with the R51.8-billion of 2025.
Sasol said the stronger results were supported by a 4% increase in sales volumes associated with improved production.
