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Thu 31 Jul 2025
Close: 10 945c 
Day's move: 50c (0.46%)
Volume: 455 182
Trades: 1 657
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Revenue for the interim period was reported 2% lower at R15.7 billion (2024: R16.1 billion) whilst profit from operations came in 6% lower at R699.0 million (2024: R746 million). Profit for the period attributable to the AECI Group equity shareholders was up at R310.0 million (2024: R246 million). In addition, headline earnings per share shot up 132% to 604 cps (2024: 260 cps).
Declaration of interim ordinary cash dividend No. 182
The Company's board of directors announced that it has resolved to declare a gross interim cash dividend of 100 cents per ordinary share in respect of the half year ended 30 June 2025. The dividend is payable on Monday, 1 September 2025 to holders of ordinary shares recorded in the register of the Company at the close of business on the record date, being Friday, 29 August 2025.
Company outlook
The Group expects full-year EBITDA to be supported by a recovery of volumes in the Asia-Pacific region, the further realisation of value unlock initiatives, and ongoing internal efficiency programmes. Although the Group continues to progress towards its targeted EBITDA run rate in line with its strategic ambition, some delays are anticipated in achieving the run rate due to unrecoverable lost production volumes at the Modderfontein facility during H1 2025. This resulted in more than usual management focus and effort, which in turn affected efforts relating to head count efficiency initiatives and delivery on growth capital projects.
Looking ahead to the second half of 2025 and beyond, strategy execution remains a central focus as the Group prepares for growth, drives hard cost savings, and focuses on free cash flow generation. The Company expects to continue in a positive performance trajectory in H2 2025, supported by the resilience and solid underlying performance of its core businesses. However, the Group expects the results to be behind aspirations as a result of delays in the EBITDA run rate.
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| Closing price data source: JSE Ltd. All other statistics calculated by ProfileData. |
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