Sasol

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%. » Altro su 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. » Altro su 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). » Altro su de.investing.com