2019 year in review
KEY FEATURES

24% improvement in TRIFR to
2.56
(2018: 3.39)
2.56
(2018: 3.39)

9% decrease in ferrochrome production to
371kt
(2018: 407kt)
371kt
(2018: 407kt)

4% decrease in revenue to R5 379 million
(2018: R5 606 million)
(2018: R5 606 million)

Increase in production cost per tonne managed to
12%
(2018: 9%)
12%
(2018: 9%)

71% decrease in EBITDA to R392 million
(2018: R1 346 million)
(2018: R1 346 million)

Headline loss per share of 1.8 cents
(2018: headline earnings per share of 27.2 cents)
(2018: headline earnings per share of 27.2 cents)

Basic loss per share of
54.2 cents
(2018: basic earnings per share of 27.2 cents)
54.2 cents
(2018: basic earnings per share of 27.2 cents)

Net cash generated from operating activities increased to R761 million
(2018: R478 million)
(2018: R478 million)

Net cash of
R354 million
(2018: R281 million)
1 Net cash includes cash and cash equivalents and bank overdraft.
R354 million
(2018: R281 million)
1 Net cash includes cash and cash equivalents and bank overdraft.

72% decrease in total cash dividend to
R100 million
(2018: R351 million)
R100 million
(2018: R351 million)