MEDIA CENTRE

An archive of important coverage relating to our organisation

Exxaro Press Releases

Exxaro Financial Results Banner 2 1 V2

2018 Annunal Financial Results

March 14, 2019

Exxaro’s robust financial performance is reflected in the 12% growth in revenue to R25.5 billion, off which the group generated EBITDA of R7.0 billion, R4.5 billion up on the R2.5 million for 2017. CEO Mxolisi Mgojo explains that earnings growth was boosted by once-off costs in the prior year, for instance the absence of the BEE transaction costs which were fully expensed in 2017, but points out that “even at an adjusted level, core EBITDA grew to R7.3 billion from R7.2 billion.” Similarly headline earnings per share (HEPS) rose to R26.72 a share from 502 cents for 2017, while adjusted core HEPS still showed [7 ]% growth to R21. 59 from R20.11 last year.

September 17, 2019

EXXARO ACQUIRES REMAINING 50% STAKE OF...


Exxaro is pleased to announce that it has concluded an agreement with Khopoli Investments Ltd

September 17, 2019

MyNexxt: The Award-Winning Solution...


Exxaro, South Africa’s largest and foremost black-empowered resource company was recently recognised for their...

September 13, 2019

BELFAST MINE ROLLS OUT COAL PRODUCTION...


South Africa’s largest coal producer and black empowered mining group, Exxaro ...