Performance overview for the six months ended 31 March 2026
Revenue
R5.6bn down 1%
(1H25: R5.7bn)
Normalised EBITDA
R816m down 6%
(1H25: R865m)
Net finance costs
R189m down 33%
(1H25: R282m)
Normalised headline earnings
R346m up 9%
(1H25: R317m)
Net debt (excl. Angola)
R2.2bn down 30%
(1H25: R3.1bn)
Net gearing excl. capitalised
finance leases 69%
down from 149%


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