Sasol

Sasol reported adjusted EBITDA up 17% to ZAR 61 billion and free cash flow of ZAR 11.9 billion for fiscal 2026, citing improved Southern African operations, cost discipline and stronger refining margins. Net debt fell 11% to $3.3 billion and the company aims to reduce it below $3 billion by fiscal 2027–2028, a threshold for resuming dividends. Capital expenditure declined 18% to ZAR 21 billion and Sasol plans further sustainable scope and cost reductions, while International Chemicals delivered higher earnings but still faces structural oversupply and weak demand. The company also expanded renewable-energy capacity and reiterated priorities on safety, operational reliability and deleveraging. » More on finance.yahoo.com

Sasol issues an earnings forecast for 2026 of 36–40 R per share (up 2–14% versus the prior year); the midpoint is slightly below the Bloomberg and Visible Alpha consensus. For adjusted EBITDA the company cites 58–62 billion R, with the midpoint above analyst consensus. Weighing on results is a non‑realized currency and derivatives loss of 1.1 billion R, after a non‑realized gain of 2.9 billion R in the first half. The stock falls in South Africa by around 2.5%. » More on de.investing.com

Sasol will invest €60 million at its Brunsbüttel site to increase capacity for spherical, high-purity and ultra-high-purity alumina. The project, for which all building permits are in place, focuses on catalyst carriers, energy optimizations and process improvements; a general contractor is to be selected in June and commissioning is planned for around 2029. The expansion is expected to reduce the CO2 footprint per tonne by up to 15% and strengthen Sasol’s position in high-performance materials. » More on de.investing.com

Sasol reported a positive free cash flow of R0.8bn in H1 2026 and cut capex by 43% to R8.5bn, while adjusted EBITDA fell 12% to R21bn. The company highlighted operational progress, including commissioning of the deashing plant, production in Secunda of 3.7m tonnes (+10%) and an improved breakeven Brent of $53/bbl. Sasol reported net debt of $3.8bn, has introduced oil-price hedging with a floor of ~$59/bbl, and reaffirmed targets to deleverage the balance sheet and expand renewables (1 GW by 2028, 2 GW by 2030). » More on de.investing.com

Sasol has appointed Rhidwaan Gasant, with effect from 1 February 2026, as an independent, non-executive member of the board. Gasant is an auditor with more than 30 years of experience and has served among others as Senior Audit Manager at KPMG, finance director of Engen Limited and CEO of Energy Africa Limited. He brings extensive expertise in finance and corporate governance and meets the independence requirements under South African and US regulations. » More on de.investing.com