
1/7 PPC Ltd reports strong progress in its "Awaken the Giant" turnaround plan for the 10 months ended Jan 31, 2025. Despite a 3% revenue dip, EBITDA surged 20% with margins up 3.2 percentage points to 16.6%. #PPCUpdate #CementIndustry
2/7 South Africa & Botswana cement division sees EBITDA jump 32%, margins expanding to 14.8%. Price hikes offset 1% volume decline, resulting in 2% revenue growth. #SouthAfrica #Botswana
3/7 Zimbabwe operations face challenges with 9% volume drop and 12% revenue decline (in ZAR). However, strict cost control boosts EBITDA by 6% and margins to 26.0%. #Zimbabwe #CostEfficiency
4/7 Impressive cash flow performance: SA & Botswana free cash flow up 90% to R692M. Group in net cash position of R106M. Zimbabwe remains debt-free with $13M cash. #CashFlow #FinancialStrength
5/7 Strategic move: New integrated cement plant in Western Cape nearing board approval. Aims to boost cost competitiveness and low carbon leadership. Construction start Q2 2025, commissioning end 2026. #Sustainability #Innovation
6/7 Board to consider dividend distribution, including flow-through of Zimbabwe dividends. Capital markets day set for March 27, 2025, to detail turnaround plan progress. #InvestorRelations
7/7 PPC's turnaround strategy shows early success, positioning the company for sustainable growth in the cement industry.
JSE_SENS@JSE_SENS
PPC Operation Update for the Ten Months Ended 31 January 2025 bit.ly/41kkeJr
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