Brief: Sasol Sees FY HEPS Between R49,47 & R56,13

Sasol

14/08/2023 06:28

Aug 14 (Reuters) - Sasol Ltd  SOLJ.J :
    * JSE: SOL - SOLBE1 - TRADING STATEMENT FOR THE FINANCIAL
YEAR
ENDED 30 JUNE 2023
    * SASOL - FY ADJUSTED EBITDA EXPECTED TO DECLINE BY BETWEEN
2% AND
16% FROM R71,8 BILLION YEAR AGO TO BETWEEN R60,6 BILLION AND
R70,6 BILLION
    * SASOL - FY HEPS EXPECTED TO BE BETWEEN R49,47 & R56,13
COMPARED
TO PRIOR YEAR HEPS OF R47,58
    * SASOL - SOFTENING OF BRENT CRUDE OIL PRICE AND REFINING
MARGINS
IN LATTER PART OF 2023 FY WAS OFFSET BY WEAKENING OF RAND/US
DOLLAR EXCHANGE RATE
    * SASOL - BUSINESS PERFORMANCE WAS FURTHER IMPACTED BY
UNDERPERFORMANCE OF STATE-OWNED ENTERPRISES IN SOUTH AFRICA

Source text for Eikon:  ID:nJseN0005a 
Further company coverage:  SOLJ.J 

 (Reuters.Briefs@thomsonreuters.com)