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.

March 14, 2019

2018 Annual Financial Results

Press release

Exxaro’s robust financial performance is reflected in the 12% growth in revenue to R25.5 billion, off which the group...

March 06, 2019

Belfast Re-settlement

Media release

Exxaro’s R3.3-billion Belfast Implementation Project (BIP) is powering ahead with its ambition to harness the last...

January 31, 2019

Mining Indaba 2019

Press release

As South Africans prepare for 2019, questions surrounding the state of our country are still pending. How are we...