2020 half year in review

Key features

No fatality
(June 2019: 1 fatality)

 

39% increase in TRIFR1
to 3.57
(December 2019: 2.56)

 

42% decrease in
ferrochrome production to
120kt
(June 2019: 206kt)

 

16% decrease
in revenue to
R2 338 million
(June 2019: R2 789 million)

 

64% decrease
in EBITDA2 to
R157 million
(June 2019: R435 million)

 

Headline earnings per share
of 1.1 cents
(June 2019: headline earnings per share of 6.6 cents)

Basic loss per share
of 38.3 cents
(June 2019: Basic earnings per share of 6.6 cents)

 

31% decrease in
net asset value to
R2 319 million
(December 2019: R3 381 million)

 

17% decrease
in cashflow from
operating activities to
R164 million
(June 2019: R197 million)

 

26% decrease
in net cash to
R263 million3
(December 2019: R354 million)

 

No interim dividend declared
(June 2019: Rnil)

 

  1 Total recordable injury frequency rate
  2 Earnings before interest, tax, depreciation and amortisation
  3 Net cash includes cash and cash equivalents and bank overdraft