KAP forecasts FY26 HEPS up 82%-92% to 43.8-46.2 cents
Reuters2026/08/14 12:02- KAP guided FY26 HEPS at 43.8-46.2 cents, up 82%-92% from 24.1 cents in FY25.
- EPS forecast at a loss of 6.2 cents to profit of 3.8 cents, down from 0.4 cents previously.
- Outlook reflects higher operating profit, lower net finance costs, tax incentives tied to PG Bison’s new MDF line.
- Net debt cut by more than R 1 billion, beating a R 500 million target on stronger operating cash generation.
- Impairments hit EPS, including Restonic goodwill, remaining Safripol intangibles, remaining Optix intangibles.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
XRP’s Crazy August Is Almost Over – September Could Be Even Bigger
Crude oil is "coming back", but refined oil is "not coming back"; the global refining gap is widening.
According to Goldman Sachs, global refined oil exports have declined by about 6 million barrels per day year-on-year, with the Gulf region and Russia contributing three-quarters of the decrease. Unlike crude oil, which can be rerouted, damaged refineries cannot be relocated, and the Gulf region's refined oil exports have only recovered to 40% of pre-war levels. Goldman Sachs expects global refinery utilization rates to recover only by the second half of 2027; based on this, it has more than doubled its forecast for diesel profit margins in 2027.
Data: Detected an outflow of 35.11 million USDT from a certain exchange
SK Hynix CEO: Memory chip shortage will persist until 2030
Crypto prices
More
