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Sasol Debt Drops, Dividends Near | Namibia News
Sasol’s financial turnaround is impressing investors—net debt down 11% to $3.3 billion, on track to hit below $3 billion before resuming dividends. They beat their 2026 debt target early thanks to stronger cash flow, smarter spending, and stellar operations. EBITDA surged 17% to R61 billion fueled by higher oil prices, better refining margins, and more product sales. Secunda Operations delivered its best year in five years with a new coal plant and upgraded equipment, while International Chemicals soared 47% in adjusted EBITDA despite market headwinds. Sasol’s renewable energy push is also…
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