Improved Free Cash Flow
Free cash flow increased to almost ZAR 12.6 billion, a 75% improvement from the prior year, despite lower adjusted EBITDA. This was driven by disciplined capital spend, lower tax payments, and the receipt of the Transnet legal settlement.
Deleveraging Success
Net debt reduced to USD 3.7 billion, the lowest levels since 2016, and 8% lower than the target of USD 4 billion.
Renewable Energy Progress
Sasol has secured more than 900 megawatts from power purchase agreements in South Africa and signed a virtual PPA for around 90 megawatts at the Lake Charles facility.
Safety Improvements
Financial year '25 marks the first fatality-free year for Sasol Mining, and no major process safety incidents occurred during the year.
Cost Management
Cash fixed cost increases were contained to just 1% below the inflation rate of 3%, demonstrating strong cost discipline.
International Chemicals EBITDA Growth
Adjusted EBITDA for International Chemicals increased to $411 million, with an improvement in adjusted EBITDA margin from 6% to 9%.