Sasol EBITDA rises 17% to R61 billion

• Sasol reported FY2026 adjusted EBITDA of about R61 billion, up 17% year over year.
• Revenue increased 9% to R272.1 billion, while net debt fell 11% to US$3.3 billion.
• The company did not declare a final dividend because net debt remained above its dividend threshold.

Sasol (NYSE:SSL) reported audited financial results for the year ended June 30, 2026, with turnover rising 9% to R272.1 billion and adjusted EBITDA increasing 17% to approximately R61 billion.

The company’s performance included higher earnings across its operations, with EBIT increasing 37% to R25.7 billion and basic earnings per share rising 79% to R18.99.

Sasol reported headline earnings per share of R38.31, reduced capital expenditure by 18% to R21 billion, and maintained cash fixed costs at R70 billion for the third consecutive year.

The company reported free cash flow of R11.9 billion, down 5% due mainly to higher year-end working capital.

Sasol operates in the energy and chemicals sectors, producing fuels, chemical products, and related industrial solutions through its global operations.

The company reduced net debt excluding leases by 11% to US$3.3 billion and held liquidity of about US$5 billion, but said debt remained above the US$3 billion threshold required for final dividend payments.