Sasol Limited Announces Production and Sales Results for the Six Months Ended December 31, 2017; Provides Earnings Guidance for the Six Months Ended December 31, 2017
For the quarter, the company reported energy sales of 11.4 million tons compared to 11.7 million tons a year ago. Base Chemicals sales were 6.6 million tons compared to 6.9 million tons a year ago. International and other domestic sales were 1.7 million compared to 1.6 million tons a year ago.
The company provided earnings guidance for the six months ended December 31, 2017. The company's headline earnings per share (HEPS) for the six months ended December 31, 2017 are expected to increase by between 12% and 17% (approximating ZAR 1.81 to ZAR 2.57 per share) compared to the 2017 financial half year (prior period) HEPS of ZAR 15.12. Core HEPS are expected to increase by between 1% and 6% compared to the prior period CHEPS of ZAR 17.41. Earnings per share (EPS) for the same period are expected to decrease by between 20% and 25% (approximately ZAR 2.84 to ZAR 3.55 per share) from the prior period EPS of ZAR 14.21.