KEY FEATURES

  • 10% improvement in TRIFR to 3.39

    (2017: 3.74)

  • 3% increase in ferrochrome production to 407kt

    (2017: 395kt)

  • 5% decrease in revenue to R5 606 million

    (2017: R5 889 million)

  • Increase in production cost per tonne managed to 9%

  • 19% decrease in EBITDA to R1 345 million

    (2017: R1 665 million)

  • 25% decrease in HEPS to 27.2 cents

    (2017: 36.4 cents)

  • Cashflow from operating activities decreased to R478 million

    (2017: R1 400 million)

  • Solid financial position with net cash of R281 million

    (2017: R600 million)

  • 16% increase in total dividend to a record R351 million

    (2017: R301 million)