Record Revenue and EBITDA Growth
Exxaro's revenue increased by 8% to ZAR 2.6 billion, and group EBITDA rose by 10% year-on-year to ZAR 5.6 billion, indicating strong financial performance despite challenging conditions.
Successful Diversification and Decarbonization Initiatives
The company achieved financial close on the 140 MW Karreebosch wind farm, investing ZAR 4.7 billion. This contributes to Exxaro's diversification and decarbonization strategy.
Three Years Fatality-Free Milestone
Exxaro celebrated three years without any fatalities, underscoring their strong safety record and commitment to zero harm.
Improved Export Sales and Operational Efficiency
Export sales increased by 3% year-on-year, and coal production rose by 1%. Mpumalanga operations improved production by 14%, showcasing operational efficiency.
Strong Cash Position and Dividend Declaration
Net cash position improved by 27% to ZAR 12.4 billion. A 45th consecutive interim dividend of ZAR 8.43 per share was declared, reflecting consistent shareholder returns.