NEWS CENTRE

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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.

April 03, 2019

Exxaro’s Healthcare Initiatives

Press Release

Almost three years ago, Dr Joseph Matjila, a medical doctor, and his health team faced a dilemma of managing the...

April 01, 2019

Exxaro Makes its Next Big Move

Press release

South Africa’s largest coal producer and black-empowered coal company Exxaro unveiled its new headquarters, the...

March 21, 2019

EXXARO TERMINATES GROUP 5 CONTRACTS

Press release

Exxaro has taken a decision to terminate its agreements with Group Five Construction (Pty) Ltd (Group 5) subsidiary,...