Despite heightened geopolitical tensions, increasing inflationary pressures and broader macroeconomic headwinds, South African resources group Exxaro delivered a strong first-half performance, driven by disciplined strategy execution, operational excellence and underpinned by its commitment to achieve zero harm, the company reported on Thursday, August 20. Overall group revenue increased 7% to R22.1-billion, primarily driven by the coal and energy businesses, with earnings before interest, taxes, depreciation and amortisation (Ebitda) flat at R5.6-billion.

Exxaro reports weaker first-half earnings on despite higher revenue as lower contributions from investments weigh on group’s performance

Despite heightened geopolitical tensions, increasing inflationary pressures and broader macroeconomic headwinds, South African resources group Exxaro delivered a strong first-half…