Sasol Limited Q4 2025 Earnings Recap

Sasol's financial year '25 results reflect resilience amid challenges, with a commitment to strategic initiatives pushing adjusted EBITDA performance while achieving significant cash flow improvements.

Key Takeaways

• Adjusted EBITDA decreased 14% to ZAR 52 billion, driven by lower production volumes but offset by strong margin realization and cost management.
• Achieved a net debt of $3.7 billion, successfully meeting the target of staying under $4 billion, enhancing balance sheet stability.
• Positive cash flow generation increased over 70% from the previous year, demonstrating effective capital and operational management.
• The destoning plant construction is completed, positioning the company to improve feedstock quality and gasifier performance in FY26.
• Progress on renewable energy with over 900 megawatts secured through power purchase agreements, moving Sasol closer to its goal of 2 gigawatts by 2030.