|Bid||16.81 x 800|
|Ask||16.83 x 1200|
|Day's range||16.46 - 16.86|
|52-week range||15.01 - 28.37|
|Beta (5Y monthly)||2.60|
|PE ratio (TTM)||4.89|
|Forward dividend & yield||0.86 (5.31%)|
|Ex-dividend date||08 Sept 2022|
|1y target est||28.73|
Sasol and ITOCHU Corporation have signed a Memorandum of Understanding (MoU) to jointly study and develop the market and supply chain for green ammonia with a focus on its use as bunkering fuel and for power generation. The parties will also evaluate ITOCHU's potential involvement and participation in Sasol's green ammonia export-orientated project(s), including product offtake as well as financial support from Japan for studies and grants relating to green ammonia projects in South Africa.
In today's presentation, Fleetwood will cover the business performance for the final year, which also includes an update of our ESG progress and milestones. The financial performance will be covered in more detail by Hanre, with Fleetwood concluding with a brief update on our future Sasol aspiration.
Sasol delivered a strong set of financial results against the backdrop of increased volatility resulting from ongoing geopolitical tensions, extended COVID-19 lockdowns and global supply chain disruptions. We benefitted from higher energy and chemicals prices, as well as strong cost and capital discipline through the delivery of our Sasol 2.0 transformation programme. This was offset by lower volume performance mainly due to the operational challenges experienced in the first half of the financi