Key features
- 10% improvement in TRIFR to 3.74 (2016: 4.15)
- Increase in ferrochrome production, reaching a record high of 395kt (2016: 393kt)
- 3% increase in Revenue to a record R5 889m (2016: R5 702m)
- Production cost increases per tonne managed to 9%
- 47% increase in EBITDA to a record R1 665m (2016: R1 133m)
- 72% increase in HEPS to 36.4 cents (2016: 21.2 cents)
- Strong cash generation with 179% increase in cashflow from operating activities to R1 400m (2016: R502m)
- Strong financial position with net cash of R600m (2016: R409m net debt)
- 151% increase in total dividend to a record R301m (2016: R120m)