Interim results for the six months ended
31 March 2020
Interim results presentation webcast
29 May 2020
(Chief Financial Officer) on Friday, 29 May 2020 at 09h00 CAT (GMT+2).
Our strategy is our plan to get the best out of our business over the near to medium term, and then grow in pursuit of our vision, which is to provide best-in-class packaging throughout sub-Saharan Africa.
Revenue down 17% to R6.5bn Trading profit down 39% to R633m for continuing operations
R2.0bn gross proceeds from asset disposals: R1.6bn for Glass, R0.4bn (€28m) for Cartons Nigeria, Nampak Plastics Europe sold
Cash generated from total operations up 277% to R667m
Continued liquidity – strong cash transfers R1.6bn from Angola and Nigeria
R3.0bn impairments relating to Nigeria and Angola
Loss per share 408.9c for continuing operations