NEWS CENTRE

An archive of important coverage relating to our organisation

Exxaro in the Media

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.

August 06, 2019

Bodies of eight people recovered at...

Press Release

On 19 June 2019 it was reported to FZON (Forzando North) management that the Police received a report of an unknown...

July 22, 2019

Partnership for clear rivers

Press Release

Pretoria – In commemoration of this year’s Mandela Month, the Strategic Water Partners Network (SWPN) today joined...

July 12, 2019

Coal miners gift new classrooms,...

Press Release

Seriti-Kriel Colliery, Exxaro and Eskom last week (EDITORS: 14 June 2019) handed over 12 classrooms and two ablution...