Sasol（SAOA）株式概要サソル・リミテッドは、南アフリカおよび国際的な化学・エネルギー企業として事業を展開している。 詳細SAOA ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長3/6過去の実績2/6財務の健全性6/6配当金0/6報酬当社が推定した公正価値より55.7%で取引されている 収益は年間41.23%増加すると予測されています 今年は黒字化を達成 リスク分析財務結果に影響を与える大きな一時的項目 German市場と比較した過去 3 か月間の株価の変動すべてのリスクチェックを見るSAOA Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€11.4032.3% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-81b303b2016201920222025202620282031Revenue R285.0bEarnings R2.8bAdvancedSet Fair ValueView all narrativesSasol Limited 競合他社BASFSymbol: XTRA:BASMarket cap: €45.8bEvonik IndustriesSymbol: XTRA:EVKMarket cap: €8.3bSymriseSymbol: XTRA:SY1Market cap: €10.2bFuchsSymbol: XTRA:FPE3Market cap: €4.4b価格と性能株価の高値、安値、推移の概要Sasol過去の株価現在の株価R11.4052週高値R12.4052週安値R3.28ベータ-0.241ヶ月の変化6.54%3ヶ月変化72.73%1年変化247.56%3年間の変化2.70%5年間の変化-12.64%IPOからの変化62.86%最新ニュースお知らせ • Apr 23Sasol Limited Revises Sales Volumes and Gas Production Guidance for the Fiscal Year 2026Sasol Limited revised sales volumes and gas production guidance for the fiscal year 2026. For the year, guidance remains unchanged, except Fuel sales volumes have been revised upwards from 5% to 10% higher to 10% to 15% higher than Fiscal Year 2025 due to stable SO production, higher Natref volumes and increased demand; and gas production volumes have been revised down from 0% to 5% below Fiscal Year 2025 to 5% to 10% below Fiscal Year 2025, due to the Mozambican flooding and well availability constraints at the Petroleum Production Agreement (PPA) asset.お知らせ • Feb 17Sasol Limited Announces Resignation of Katherine Harper as Non-Executive Director, Effective on 16 February 2026Sasol Limited announced that in compliance with para 6.71 of the JSE Listings Requirements and para 6.42 of the JSE Debt and Specialist Securities Listings Requirements, shareholders and noteholders are advised of the following change to the board of directors of the Company in accordance with the Company's nomination and succession plan for directors: Ms. Katherine Harper has tendered her resignation as a non-executive director of Sasol for personal reasons. The Board accepted her resignation on 16 February 2026.お知らせ • Feb 05Sasol Limited Provides Revenue Guidance for the Six Months Ended 31 December 2025Sasol Limited provided revenue guidance for the six months ended 31 December 2025. For the six months ended 31 December 2025, the company expected Earnings per share (EPS) is expected to be between ZAR 0.10 and ZAR 0.80 per share (prior period EPS of ZAR 7,22), a decrease of 89% to 99% compared to the prior period.お知らせ • Jan 20Sasol Limited Announces the Appointment of Rhidwaan Gasant as Independent Non-Executive Director, Effective 1 February 2026Sasol Limited announced the appointment of Mr. Rhidwaan Gasant as independent non-executive director with effect from 1 February 2026. Mr. Gasant satisfies the independence requirements for directors under applicable requirements in South Africa and the United States. Mr. Gasant is a Chartered Accountant and served as a senior audit manager at KPMG before joining Mobil Oil Southern Africa. He was the former Financial Director of Engen Limited and Chief Executive Officer of Energy Africa Limited. Mr. Gasant has extensive board-level experience, including recently serving as Lead Independent Director of AngloGold Ashanti plc and Audit Committee Chairman of MTN Nigeria Communications plc. He is currently the Chairman of Growthpoint Properties Limited. He has been involved in various corporate actions in South Africa and internationally, and brings over three decades of financial, governance and corporate experience to the Sasol Board.お知らせ • Nov 17Sasol Limited Announces Safety, Social and Ethics Committee AppointmentsSasol Limited at its board meeting held on November 14, 2025 announced the appointment of Mr. S Baloyi, Ms. M B N Dube, Mr. D G P Eyton (Chairman), Dr M Flöel, Mr.V D Kahla, Ms. N X Maluleke as members of the Safety, Social and Ethics Committee.お知らせ • Oct 31Sasol Limited to Report First Half, 2026 Results on Feb 23, 2026Sasol Limited announced that they will report first half, 2026 results on Feb 23, 2026最新情報をもっと見るRecent updatesお知らせ • Apr 23Sasol Limited Revises Sales Volumes and Gas Production Guidance for the Fiscal Year 2026Sasol Limited revised sales volumes and gas production guidance for the fiscal year 2026. For the year, guidance remains unchanged, except Fuel sales volumes have been revised upwards from 5% to 10% higher to 10% to 15% higher than Fiscal Year 2025 due to stable SO production, higher Natref volumes and increased demand; and gas production volumes have been revised down from 0% to 5% below Fiscal Year 2025 to 5% to 10% below Fiscal Year 2025, due to the Mozambican flooding and well availability constraints at the Petroleum Production Agreement (PPA) asset.お知らせ • Feb 17Sasol Limited Announces Resignation of Katherine Harper as Non-Executive Director, Effective on 16 February 2026Sasol Limited announced that in compliance with para 6.71 of the JSE Listings Requirements and para 6.42 of the JSE Debt and Specialist Securities Listings Requirements, shareholders and noteholders are advised of the following change to the board of directors of the Company in accordance with the Company's nomination and succession plan for directors: Ms. Katherine Harper has tendered her resignation as a non-executive director of Sasol for personal reasons. The Board accepted her resignation on 16 February 2026.お知らせ • Feb 05Sasol Limited Provides Revenue Guidance for the Six Months Ended 31 December 2025Sasol Limited provided revenue guidance for the six months ended 31 December 2025. For the six months ended 31 December 2025, the company expected Earnings per share (EPS) is expected to be between ZAR 0.10 and ZAR 0.80 per share (prior period EPS of ZAR 7,22), a decrease of 89% to 99% compared to the prior period.お知らせ • Jan 20Sasol Limited Announces the Appointment of Rhidwaan Gasant as Independent Non-Executive Director, Effective 1 February 2026Sasol Limited announced the appointment of Mr. Rhidwaan Gasant as independent non-executive director with effect from 1 February 2026. Mr. Gasant satisfies the independence requirements for directors under applicable requirements in South Africa and the United States. Mr. Gasant is a Chartered Accountant and served as a senior audit manager at KPMG before joining Mobil Oil Southern Africa. He was the former Financial Director of Engen Limited and Chief Executive Officer of Energy Africa Limited. Mr. Gasant has extensive board-level experience, including recently serving as Lead Independent Director of AngloGold Ashanti plc and Audit Committee Chairman of MTN Nigeria Communications plc. He is currently the Chairman of Growthpoint Properties Limited. He has been involved in various corporate actions in South Africa and internationally, and brings over three decades of financial, governance and corporate experience to the Sasol Board.お知らせ • Nov 17Sasol Limited Announces Safety, Social and Ethics Committee AppointmentsSasol Limited at its board meeting held on November 14, 2025 announced the appointment of Mr. S Baloyi, Ms. M B N Dube, Mr. D G P Eyton (Chairman), Dr M Flöel, Mr.V D Kahla, Ms. N X Maluleke as members of the Safety, Social and Ethics Committee.お知らせ • Oct 31Sasol Limited to Report First Half, 2026 Results on Feb 23, 2026Sasol Limited announced that they will report first half, 2026 results on Feb 23, 2026お知らせ • Oct 16Sasol Limited, Annual General Meeting, Nov 14, 2025Sasol Limited, Annual General Meeting, Nov 14, 2025.お知らせ • Oct 08Sasol International Chemicals Commercializes First Insect Oil-Based, Nonionic Surfactant for Care Chemicals MarketsSasol International Chemicals announced the launch and commercialization of a bio-circular, palm and deforestation-free surfactant derived from insect oils available under the trade name LIVINEX IO 7. This new, innovative product (patent pending) is the first nonionic surfactant of its kind in the fabric, home care, industrial and institutional cleaning markets. insect oil, a by-product of a process to make more sustainable proteins for animal feed, transforms organic waste into valuable chemical feedstock, providing a replacement to traditional oleochemistry. LIVINEX IO 7 is made from oil obtained from black soldier fly larvae. This oil is rich in fatty acids that are used to produce detergent-grade alcohols. Because insect oil chemistry is identical to that of vegetable oil, mature technology and existing processes can be used for its production, avoiding land use changes or competition with food crops.お知らせ • Sep 23Sasol Limited to Report Q1, 2026 Results on Oct 22, 2025Sasol Limited announced that they will report Q1, 2026 results on Oct 22, 2025お知らせ • Aug 25Sasol Limited Announces Changes to Board Committee Membership, Effect from 22 August 2025Sasol Limited announced that In compliance with the JSE Limited Listings Requirements and the JSE Debt Listings Requirements, shareholders and noteholders are advised that Ms. Xikongomelo Maluleke, an independent non-executive director, has been appointed as member of the Audit Committee and the Safety, Social and Ethics Committee with effect from 22 August 2025. Mr. Manuel Cuambe will step down as member of the Safety, Social and Ethics Committee with effect from 22 August 2025.お知らせ • Jul 22Sasol Limited Provides Earnings Guidance for the Year Ended 30 June 2025Sasol Limited provided earnings guidance for the year ended 30 June 2025. For the year, the company earnings per share (EPS) are expected to increase by more than 20%, compared to a loss per share of ZAR 69,94 reported for the year ended 30 June 2024, which included negative remeasurement items of ZAR 88,13 per share. EPS and headline earnings per share (HEPS) may be impacted further by adjustments resulting from the 2025 financial year closure process, which cannot be estimated reliably at this point in time.お知らせ • Jun 10Sasol Limited Announces Board and Committee ChangesSasol Limited announced the following changes to the board of directors of the company in accordance with the company's nomination and succession plan for directors: Ms Xikongomelo Maluleke has been appointed as an independent non-executive director of Sasol with effect from 9 June 2025. Ms Maluleke satisfies the independence requirements for directors under applicable requirements in South Africa and the United States. Ms Maluleke is a Chartered Accountant. She attained a Bachelor of Commerce (Accounting) degree from the University of Limpopo, a Bachelor of Accounting Honours and CTA from the University of KwaZulu-Natal and an MBA from the University of Pretoria. She spent seven years at Shell Downstream South Africa in various finance roles. Ms Maluleke was the Chief Financial Officer of Lumika Renewables (a joint venture of Reunert Limited and AP Moller Capital). She has been serving on the Board of Sasol South Africa Limited as an appointee of the Board of Trustees of the Sasol Khanyisa Employee Share Ownership (ESOP) Trust, which she has been an independent trustee of. Pursuant to her appointment to the Board of the Company, she has resigned from the Board of Trustees of the Sasol Khanyisa Employee Share Ownership Trust and the Board of Directors of Sasol South Africa Limited. Mr. Timothy Cumming has decided to resign as non-executive director and chairman of the Remuneration Committee of Sasol due to personal reasons. The Board accepted his resignation on 6 June 2025. Dr. Martina Flöel, the Lead Independent Director who also serves as a member of the Remuneration Committee, has been appointed as chairman of the committee with effect from 6 June 2025. Pursuant to this appointment, Dr Flöel has relinquished chairmanship of the Capital Investment Committee. Mr. Manuel Cuambe, who has served on the Capital Investment Committee since joining the Board of Sasol, has been appointed as chairman of the Capital Investment Committee effective 6 June 2025.お知らせ • May 30Sasol Limited to Report Fiscal Year 2025 Results on Aug 25, 2025Sasol Limited announced that they will report fiscal year 2025 results on Aug 25, 2025お知らせ • May 20Sasol Limited Approves A Change in Dividend PolicySasol Limited Board of Directors ("the Board") has approved a revision to the Company's dividend policy. Previously, Sasol's dividend policy included a dividend trigger based on achieving a sustainable net debt below USD 4 billion (excluding leases). The Board has approved the adjustment to the dividend trigger to a threshold of net debt sustainably below USD 3 billion (excluding leases). All other elements of the dividend policy remain unchanged. This revised policy is considered a prudent step, better aligned with the prevailing volatility in the macro-economic environment and Sasol's commitment to maintaining a resilient balance sheet and ensuring sustainable future shareholder returns.お知らせ • Feb 05Sasol Limited Provides Earnings Guidance for the Six Months Ended December 31, 2024Sasol Limited provided earnings guidance for the six months ended December 31, 2024. For the period, the company’s earnings per share (EPS) are expected to be between ZAR 6.00 and ZAR 8.00 compared to the prior half year EPS of ZAR 15.19 (representing a decrease of between 47% and 61%); and Headline earnings per share (HEPS) are expected to be between ZAR 13.00 and ZAR 15.00 compared to the prior half year HEPS of ZAR 20.37 (representing a decrease of between 26% and 36%); and The decrease in earnings in the period is primarily due to: A 13% decline in the average Rand per barrel of Brent Crude Oil price and a significant decline in refining margins and fuel price differentials; A 5% decrease in sales volumes associated with lower production and/or lower market demand. Notable non-cash adjustments (before taxation) including: A net loss of ZAR 6.2 billion from remeasurement items compared to a net loss of ZAR 5.8 billion in the prior half year, mainly due to the Secunda and Sasolburg liquid fuels refinery cash generating units remaining fully impaired. The full amount of costs capitalised during the current period of ZAR 5.6 billion are impaired; Unrealised losses of ZAR 0.1 billion on the translation of monetary assets and liabilities, and valuation of financial instruments and derivative contracts compared to unrealised gains of ZAR 2.7 billion in the prior half year.お知らせ • Nov 12Sasol Limited to Report First Half, 2025 Results on Feb 24, 2025Sasol Limited announced that they will report first half, 2025 results on Feb 24, 2025お知らせ • Sep 16Sasol Limited Announces Board Appointments and Changes to the Board CommitteesSasol Limited announced the following changes to the Board: Ms. Muriel Dube has been appointed Chairman of the Board of Sasol Limited, with effect from 13 September 2024. Muriel joined the Sasol Limited Board as an independent non-executive director in 2018. She holds an MSc degree in Environmental Change and Management from Oxford University and degrees in BA Human Sciences and BA Honours Politics. She has an extensive background in sustainability-, commercial-, finance- and leadership roles. She previously served as the Chief Negotiator for the Government of South Africa in climate change negotiations under the United Nations Framework Convention on Climate Change and as Director of Atmospheric Protection and Chemicals Management at the Department of Environmental Affairs and Tourism. Subsequently, she was the Group Commercial Director at Bidvest Group, Investment Banker at Investec plc and Chief Executive of Nozala Investments. Currently she is a non-executive director at the UK Infrastructure Bank. Her past non-executive director roles include Control Risks UK, Apogee Sustainability, Vodacom South Africa, Bidvest Group Limited, PG Group, Bravo Brands, Fluormin plc and Enviroserv. The Sasol Limited Board is pleased to pass the reins of Chairman to someone of Muriel's calibre and is confident she will provide the necessary direction and leadership as the Company intensifies its focus on progressing a sustainable future business. Following the appointment of Ms. Muriel Dube, who was the former Lead Independent Director, the Sasol Limited Board has appointed Dr Martina Flöel as Lead Independent Director with effect from 13 September 2024. Changes to the Sasol Limited Board Committees: Due to Ms. Muriel Dube's appointment as Chairman of the Board, she will step down as Chairman of the Safety, Social and Ethics Committee and member of the Audit Committee and Capital Investment Committee. Consequently the Board appointed Mr. David Eyton, and independent non-executive director, as Chairman of the Safety, Social and Ethics Committee and member of the Audit Committee and Nomination and Governance Committee. Due to these appointments, David will step down as member of the Remuneration Committee with effect from 14 September 2024. Ms. Katherine Harper, a independent non-executive director, has been appointed as member of the Remuneration Committee with effect from 14 September 2024.お知らせ • Sep 05Sasol Limited Announces Executive ChangesThe Board of Directors of the Sasol Limited has appointed Ms. Elizna Viljoen as Sasol's Group Company Secretary with effect from 1 January 2025. Elizna will be joining Sasol from Anglo American where she has been leading the company secretarial teams of Anglo American South Africa and Anglo American Platinum. With over 23 years of expertise in the company secretarial field, both in consulting and in-house roles, Elizna has been involved in a wide range of corporate transactions across the industrial, mining, information technology and telecommunications sectors. Elizna holds a B.Com in Marketing Management degree and is a Fellow of the Chartered Governance Institute of South Africa (FCIS). She also is a member of the Advisory Committee of the JSE. Ms. Helaine Joubert, the Deputy Group Company Secretary will continue to act as Group Company Secretary of the Company until 31 December 2024.Buy Or Sell Opportunity • Aug 30Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 17% to €7.20. The fair value is estimated to be €5.92, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.8% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Aug 21Full year 2024 earnings released: R69.94 loss per share (vs R14.00 profit in FY 2023)Full year 2024 results: R69.94 loss per share (down from R14.00 profit in FY 2023). Revenue: R275.1b (down 5.0% from FY 2023). Net loss: R44.3b (down R53.1b from profit in FY 2023). Revenue is forecast to grow 4.3% p.a. on average during the next 2 years, compared to a 4.5% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 45 percentage points per year, which is a significant difference in performance.お知らせ • Aug 20Sasol Limited Approves Change in Dividend PolicyThe Sasol Limited board of directors approved a change in the Company's dividend policy. The revised policy is based on 30% of free cash flow generated provided that net debt (excluding leases) is below USD4 billion on a sustained basis. Free cash flow is defined as before discretionary capital spend and dividends paid. The Company's dividend policy was based on 2,5x to 2,8x Core headline earnings per share (CHEPS). The disconnect between headline earnings and cashflow generation, as well as elevated leverage levels, has necessitated a revision to the company's dividend policy.お知らせ • Aug 13+ 1 more updateSasol Limited Appoints Walt Bruns as Chief Financial Officer, Effective 1 September 2024Shareholders and noteholders are referred to the SENS announcement of 2 May 2024, where Sasol advised that Mr. Hanré Rossouw will step down as Chief Financial Officer of Sasol Limited on 31 October 2024 to pursue a career opportunity. In compliance with para 3.59 of the JSE Listings Requirements and para 6.39 of the JSE Debt Listings Requirements, shareholders and noteholders are advised that the Board of Sasol Limited, following a thorough process considering both internal and external candidates, has appointed Mr. Walt Bruns as Chief Financial Officer of Sasol Limited to replace Mr. Hanré Rossouw. This appointment will take effect from 1 September 2024, in accordance with the Company's policy for the nomination of directors. Shareholders and noteholders are further advised that Mr. Hanré Rossouw will therefore step down as Chief Financial Officer of Sasol Limited on 31 August 2024. Mr. Bruns is currently the Chief Financial Officer of Sasol Southern Africa including Energy and Chemicals. He has been with Sasol for 15 years and has held a variety of senior management positions, including more than three years as Chief Financial Officer of Sasol's global chemicals business. Prior to Sasol, he worked for Deloitte in South Africa and the United States of America. Mr. Bruns is well positioned to succeed Mr. Rossouw, owing to his in depth knowledge of the Sasol business and his extensive global experience in both the chemicals and energy sectors. Mr. Bruns will focus on driving sustainable value and supporting Sasol's strategic transformation for the future. Mr. Bruns is a certified chartered accountant in South Africa. He holds a Bachelor of Commerce degree from the University of Stellenbosch and post graduate diplomas from the University of Cape Town.お知らせ • Aug 12Sasol Limited Provides Group Earnings Guidance for the Year Ended 30 June 2024Sasol Limited provided group earnings guidance for the year ended 30 June 2024. The company announced that the group expects the earnings per share (EPS) to be lower than the comparative period. The following guidance is applicable for the 2024 financial year: Basic loss per share (LPS) is expected to be between ZAR 68.82 and ZAR 71.48 compared to the prior year basic earnings per share (EPS) of ZAR 14.00 (representing a decrease of more than 100%).お知らせ • Aug 01Sasol Chemicals Expands Its Lower Carbon Wax Portfolio with A New Solution for the Adhesive Packaging IndustrySasol Chemicals introduced SASOLWAX LC100, an industrial wax grade with a 35% lower carbon footprint, further expanding its growing sustainable product portfolio. The latest addition is designed for use in packaging adhesives, delivering superior capabilities while achieving significant cradle-to-gate Product Carbon Footprint (PCF) benefits. The new SASOLWAX LC100 follows the recent introduction of SASOBIT LC, Sasol’s lower carbon solution for the asphalt industry. Both wax grades offer drop-in alternatives to the benchmark grades, enabling customers to significantly reduce their Scope 3 greenhouse gas emissions without compromising on performance. Sasol's Chemicals model for calculating PCFs for its GTL FT wax value chain has undergone a critical third-party review and complies with ISO 14067, an international standard that outlines the requirements and guidelines for quantifying the carbon footprint of products throughout their life cycle. Sasol offers more sustainable alternatives for its industry benchmark products. In the packaging and adhesives market, where Hot Melt Adhesives (HMA) are prevalent, Sasol’s SASOLWAX LC100 grade provides the same exceptional properties and performance benefits as Sasol's industry standard SASOLWAX H1, including: Enabling odourless, crystal clear HMA formulations in combination with metallocene polymers, through low viscosity, high crystallinity and stability. Smoother, thinner adhesive application, resulting in more box closures with less adhesive per closure Enabling high-speed packaging lines due to fast set times. Improved durability and stability Outstanding thermal stability, boosting operational efficiency for HMA manufacturers. In the asphalt industry, wax additives help to improve the workability, stability and recyclability of asphalt. Sasol’s SASOBIT LC offers asphalt formulators the same proven benefits as Sasol's industry-benchmark SASOBIT, including: Lower asphalt production and paving temperatures, saving energy and reducing emissions, thereby reducing construction worker exposure. Reduces rutting and road deformation due to bitumen stiffening at operation temperatures.お知らせ • May 22Sasol Limited Announces Board and Committee ChangesSasol Limited announced that Mr. David G P Eyton has been appointed as a non-executive director of Sasol with effect from 1 September 2024. Mr. Eyton satisfies the independence requirements for directors under applicable requirements in South Africa and the United States. David will also join the Company's Capital Investment, Safety, Social and Ethics and Remuneration Committees. David held various positions at BP Plc between 1982 and 2022. He has extensive experience in the oil and gas sector, having held various business and functional leadership roles. He provided leadership in BP's energy transition and managed BP's digital and operating management systems, corporate venture capital and research and development functions. David has been the chairman and trustee of the John Lyons Foundation since 2016 and serves on the board of the UK Royal Academy of Engineering. David holds a BA Engineering degree from the University of Cambridge. He is a fellow of The Royal Academy of Engineering, the Institute of Materials, Minerals and Mining and the United Kingdom Institute of Directors. Ms. Mpho Nkeli has decided to retire as non-executive director and chairman of the Remuneration Committee of Sasol on 31 August 2024. Mr. Timothy Cumming, appointed as a director with effect from 1 June 2024, will take over as chairman of the Remuneration Committee on 1 September 2024. Tim has been appointed as a member of the Capital Investment, Remuneration and Safety, Social and Ethics Committees with effect from 1 June 2024. Mr. Steven Westwell retires as non-executive director and Chairman on 1 June 2024 when he reaches the twelfth anniversary of his appointment to the Sasol Board. Muriel Dube, in her capacity as LID, will carry out the responsibilities of the Chairman of the Board until the appointment of the Chairman is made. In particular, Muriel will bring to completion the Chairman succession process currently underway.お知らせ • May 14Sasol Limited Appoints Timothy John Cumming as Non-Executive Director, Effective 1 June 2024The board of directors of the Sasol Limited has appointed Mr. Timothy (Tim) John Cumming as a non-executive director of Sasol with effect from 1 June 2024, in accordance with the Company's policy for the nomination of directors. Mr. Cumming satisfies the independence requirements for directors under applicable requirements in South Africa and the United States. Tim is the chairman of DRDGOLD Limited, a non-executive director of Sibanye-Stillwater Limited and the chairman of its Remuneration Committee. He is also a non-executive director of Nedgroup Investments Limited and serves as the chairman of Riscura Holdings Limited. He has a wealth of experience in financial services, including periods as an executive at Old Mutual Limited, HSBC Bank plc and Allan Gray Limited. Tim started his career as an engineer at Anglo American Corporation of South Africa Limited. He worked on several gold mines and diamond mines in Southern Africa. He is the founder and executive director of Scatterlinks Proprietary Limited. He holds a BSc Engineering (Hons) degree from the University of Cape Town and an MA (Politics, Philosophy and Economics) degree from Oxford University.お知らせ • May 03+ 1 more updateSasol Limited Announces Resignation of Hanré Rossouw as Executive Director, Effective 31 October 2024Sasol Limited announced that Mr. Hanré Rossouw has informed the Company that he will step down as executive director of Sasol Limited on 31 October 2024. Hanré will remain with Sasol for the financial year-end closing and the publication of suite of annual reports for the year ending 30 June 2024, allowing for a structured handover period. Sasol has commenced the succession process and an announcement will be made in due course.Valuation Update With 7 Day Price Move • Apr 25Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €6.45, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 15x in the Chemicals industry in Germany. Total loss to shareholders of 48% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €4.44 per share.Valuation Update With 7 Day Price Move • Apr 09Investor sentiment improves as stock rises 21%After last week's 21% share price gain to €8.60, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 15x in the Chemicals industry in Germany. Total loss to shareholders of 19% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €4.64 per share.お知らせ • Apr 03Sasol Limited Announces Streamlined Group Executive CommitteeSasol Limited has streamlined the portfolios of the members of its Group Executive Committee (GEC). Effective 1 April 2024, Sasol's GEC comprises the following members: Mr. Simon Baloyi, Executive Director and President and Chief Executive Officer; Mr. Hanré Rossouw, Executive Director and Group Chief Financial Officer; Mr. Vuyo Kahla, Executive Director and Executive Vice President: Commercial and Legal, responsible for Legal, Intellectual Property and Compliance, Assurance, Information Management, Supply Chain and Company Secretarial Services; Mr. Hermann Wenhold, Executive Vice President: Mining, Risk and Safety, Health and Environment. Mr. Victor Bester, Executive Vice President: Operations and Projects Southern Africa; Mr. Christian Herrmann, Executive Vice President: Marketing and Sales Energy and Chemicals Southern Africa; Ms. Charlotte Mokoena, Executive Vice President: Human Resources and Corporate Affairs; Dr. Sarushen Pillay, Executive Vice President: Business Building, Strategy and Technology; and Mr. Brad Griffith, Executive Vice President: Chemicals Business. Mr. Griffith will retire on 30 June 2024 and will be succeeded by Ms. Antje Gerber on 15 April 2024, who joins Sasol as Executive Vice President: International Chemicals.Board Change • Apr 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 9 experienced directors. 2 highly experienced directors. CFO & Executive Director Hanre Rossouw was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Mar 06Upcoming dividend of R2.00 per shareEligible shareholders must have bought the stock before 13 March 2024. Payment date: 18 March 2024. The company is paying out more than 100% of its profits and is paying out 76% of its cash flow. Trailing yield: 14%. Within top quartile of German dividend payers (5.2%). Higher than average of industry peers (5.9%).お知らせ • Mar 02+ 1 more updateSasol Limited, Annual General Meeting, Nov 15, 2024Sasol Limited, Annual General Meeting, Nov 15, 2024.お知らせ • Feb 28Sasol Limited Declares an Interim Gross Cash Dividend for the Six Months Ended 31 December 2023, Payable on 18 March 2024 for Holders of Ordinary Shares and Sasol BEE Ordinary Shares and Payable on 18 March 2024 for Holders of American Depository Receipts RespectivelyThe Sasol Limited board of directors (Board) declared an interim gross cash dividend of South African 200 cents per share (31 December 2022 - 700 cents per ordinary share) for the six months ended 31 December 2023. The cash dividend is payable on the ordinary shares and the Sasol BEE ordinary shares. The salient dates for holders of ordinary shares and Sasol BEE ordinary shares for the six months ended 31 December 2023 are: Declaration date: 26 February 2024. Last day for trading to qualify for and participate in the interim dividend (cum dividend): 12 March 2024. Trading ex dividend commences: 13 March 2024. Record date: 15 March 2024. Dividend payment date (electronic and certificated register): 18 March 2024. The salient dates for holders of American Depository Receipts for the six months ended 31 December 2023 are: Ex dividend on New York Stock Exchange (NYSE): 15 March 2024. Record date: 15 March 2024. Approximate date for currency conversion: 19 March 2024. Approximate dividend payment date: 29 March 2024.Reported Earnings • Feb 28First half 2024 earnings released: EPS: R15.19 (vs R23.23 in 1H 2023)First half 2024 results: EPS: R15.19 (down from R23.23 in 1H 2023). Revenue: R136.3b (down 9.0% from 1H 2023). Net income: R9.58b (down 34% from 1H 2023). Profit margin: 7.0% (down from 9.7% in 1H 2023). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.Declared Dividend • Feb 28First half dividend of R2.00 announcedShareholders will receive a dividend of R2.00. Ex-date: 13th March 2024 Payment date: 18th March 2024 Dividend yield will be 36%, which is higher than the industry average of 6.1%. Sustainability & Growth Dividend is not covered by earnings (199% earnings payout ratio). However, it is covered by cash flows (89.7% cash payout ratio). The dividend has increased by an average of 1.3% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 121% to bring the payout ratio under control. EPS is expected to grow by 272% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.New Risk • Feb 27New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 43% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (43% net debt to equity). Dividend is not well covered by earnings (121% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.4% net profit margin).お知らせ • Feb 10Sasol Limited Provides Earnings Guidance for the Six Months Ended 31 December 2023Sasol Limited provided earnings guidance for the six months ended 31 December 2023. For the period, the company expects earnings per share (EPS) to be between ZAR 13.33 to ZAR 16.58 compared to the prior half year EPS of ZAR 23.23 (representing a decrease of between 29% to 43%). Headline earnings per share (HEPS) to be between ZAR 17.90 to ZAR 22.22 compared to the prior half year HEPS of ZAR 30.90 (representing a decrease of between 28% to 42%) and Core HEPS (CHEPS) to be between ZAR 16.43 to ZAR 19.86 compared to the prior half year CHEPS of ZAR 24.55 (representing a decrease of between 19% to 33%).お知らせ • Dec 18Sasol Limited, Annual General Meeting, Jan 19, 2024Sasol Limited, Annual General Meeting, Jan 19, 2024, at 14:00 South Africa Standard Time. Agenda: To transact the business stated in the notice of AGM.Valuation Update With 7 Day Price Move • Dec 07Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to €9.00, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 15x in the Chemicals industry in Germany. Total returns to shareholders of 36% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €7.95 per share.お知らせ • Nov 17+ 1 more updateSasol Limited Announces Executive Changes with Effect from 1 April 2024Sasol Limited announced the appointment of Mr. Simon Baloyi as the president and executive director of the Company with effect from 1 April 2024. Simon will succeed Mr. Fleetwood Grobler, the current President and Chief Executive Officer of Sasol Limited. Fleetwood will continue to serve in an executive advisor role until 31 December 2024, to ensure a smooth and structured handover. The Board embarked on a comprehensive recruitment programme to identify a successor to Fleetwood. Internal and external candidates were considered and the process sought to identify the best leader for the role to ensure the candidate would be best positioned to most effectively serve the Company's interests going forward. Simon Baloyi is currently employed as the Executive Vice President, Energy Operations and Technology at Sasol. He has proven technical and operational skills and holds Master's degrees in Engineering Management and in Chemical Engineering. He has served in various management positions since joining the Sasol Group in 2002.お知らせ • Nov 15Sasol Limited Announces Board ChangesSasol Limited announced that Mr. Sipho Nkosi has stepped down as Chairman and non-executive director of Sasol Limited on 10 November 2023. Mr. Nkosi came to the conclusion that, while he was comfortable that he would be able to comply with the conflict of interest requirements of the Companies Act, 2008 (Act No. 71 of 2008) and of the company, he was concerned that some of his business interests may be perceived to place him in conflict with the interests of Sasol. The Board has appointed Mr. Stephen Westwell, currently non-executive and lead independent director, as pro tem Chairman of the Board of Sasol Limited, with effect from= 11 November 2023. The Nomination and Governance Committee will in due course nominate a successor for the role of chairman in line with its formal succession plan.お知らせ • Nov 02Sasol Limited to Report Q2, 2024 Results on Feb 26, 2024Sasol Limited announced that they will report Q2, 2024 results on Feb 26, 2024お知らせ • Oct 19Sasol Limited Announces Resignation of Andreas Schierenbeck as Non-Executive Director, Effective 31 October 2023Sasol Limited announced that Mr. Andreas Schierenbeck has informed the Company that he will step down as non-executive director on 31 October 2023 and will therefore not be making himself available for election to the Board at the Annual General Meeting of the Company on 17 November 2023.お知らせ • Oct 06Sasol Limited to Report Q1, 2024 Results on Oct 23, 2023Sasol Limited announced that they will report Q1, 2024 results on Oct 23, 2023Upcoming Dividend • Sep 06Upcoming dividend of R10.00 per share at 7.8% yieldEligible shareholders must have bought the stock before 13 September 2023. Payment date: 18 September 2023. The company is paying out more than 100% of its profits and is paying out 75% of its cash flow. Trailing yield: 7.8%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (5.9%).お知らせ • Aug 23Sasol Limited Declares Final Gross Cash Dividend for the Year Ended 30 June 2023, Payable on 18 September 2023The Sasol Limited board of directors declared a final gross cash dividend of South African 1,000 cents per share (2022 – 1,470 cents per ordinary share) for the year ended 30 June 2023. The salient dates for holders of ordinary shares and Sasol BEE ordinary shares for the year ended 30 June 2023 are: Trading ex dividend commences on 13 September 2023. Record date is 15 September 2023. Dividend payment date (electronic and certificated register) is 18 September 2023. The salient dates for holders of American Depository Receipts for the year ended 30 June 2023 are: Ex dividend on New York Stock Exchange (NYSE) is 14 September 2023. Record date is 15 September 2023. Approximate dividend payment date is 29 September 2023.Reported Earnings • Aug 23Full year 2023 earnings released: EPS: R14.00 (vs R62.34 in FY 2022)Full year 2023 results: EPS: R14.00 (down from R62.34 in FY 2022). Revenue: R289.7b (up 6.2% from FY 2022). Net income: R8.80b (down 77% from FY 2022). Profit margin: 3.0% (down from 14% in FY 2022). Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.New Risk • Aug 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (105% cash payout ratio). Share price has been volatile over the past 3 months (6.9% average weekly change).お知らせ • Aug 14Sasol Limited Provides Earnings Guidance for the Year Ended 30 June 2023Sasol Limited provided earnings guidance for the year ended 30 June 2023. Basic earnings per share (EPS) are expected to be between ZAR 10.26 and ZAR 16.49 compared to the prior year EPS of ZAR 62.34 (representing a decrease of between 74% to 84%); Headline earnings per share (HEPS) are expected to be between ZAR 49.47 and ZAR 56.13 compared to the prior year HEPS of ZAR 47.58 (representing an improvement of between 4% to 18%); and Core HEPS (CHEPS) are expected to be between ZAR 41.54 and ZAR 51.14 compared to the prior year CHEPS of ZAR 68.54 (representing a decrease of between 25% to 39%).Recent Insider Transactions • Mar 12President recently sold €200k worth of stockOn the 6th of March, Fleetwood Grobler sold around 14k shares on-market at roughly €13.88 per share. This transaction amounted to 33% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Fleetwood's only on-market trade for the last 12 months.Upcoming Dividend • Mar 01Upcoming dividend of R7.00 per share at 5.2% yieldEligible shareholders must have bought the stock before 08 March 2023. Payment date: 13 March 2023. Payout ratio is a comfortable 35% but the company is paying out more than the cash it is generating. Trailing yield: 5.2%. Within top quartile of German dividend payers (4.7%). In line with average of industry peers (5.3%).Buying Opportunity • Feb 22Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 13%. The fair value is estimated to be €18.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 6.9% in 2 years. Earnings is forecast to grow by 10% in the next 2 years.Reported Earnings • Feb 22First half 2023 earnings released: EPS: R23.23 (vs R23.98 in 1H 2022)First half 2023 results: EPS: R23.23 (down from R23.98 in 1H 2022). Revenue: R151.8b (up 27% from 1H 2022). Net income: R14.6b (down 2.7% from 1H 2022). Profit margin: 9.6% (down from 13% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 1.3% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 07Sasol Limited Provides Earnings Guidance for the 2023 Financial Half YearSasol Limited provided earnings guidance for the 2023 Financial Half Year. For the period Earnings per share (EPS) are expected to be between ZAR 21.55 and ZAR 23.98 compared to the prior half year EPS of ZAR 23.98 representing a decrease of between 0% and 10%; Headline earnings per share (HEPS) are expected to be between ZAR 29.84 and ZAR 31.36 compared to the prior half year HEPS of ZAR 15.21 representing an improvement of more than 95%; and Core HEPS (CHEPS) are expected to be between ZAR 22.97 and ZAR 25.23 compared to the prior half year CHEPS of ZAR 22.52 representing an increase of between 2% and 12%.Buying Opportunity • Jan 24Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 7.1%. The fair value is estimated to be €19.73, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.4% over the last 3 years. Earnings per share has grown by 53%. For the next 3 years, revenue is forecast to grow by 1.3% per annum. Earnings is also forecast to grow by 2.7% per annum over the same time period.お知らせ • Dec 06Sasol Limited Appoints Andreas Schierenbeck as Independent Non-Executive Director with Effect from 1 January 2023Sasol Limited announced that Mr. Andreas Schierenbeck has been appointed as independent non-executive director with effect from 1 January 2023. Andreas is the founder and a director of H 2 E, a green hydrogen company dedicated to producing green hydrogen for the German market. He was the Chief Executive Officer of international energy company Uniper between 2019 and 2021, where he shaped and started executing the company's decarbonizing strategy with the aim of decarbonising by 2035. Prior to joining Uniper, Andreas was Chief Executive Officer of ThyssenKrupp Elevator.お知らせ • Dec 01Sasol Limited Provides Earnings Guidance for the Six Months Ending December 31, 2022Sasol Limited provided earnings guidance for the six months ending December 31, 2022. For the six months ending 31 December 2022, earnings per share (EPS) and headline earnings per share (HEPS) are expected to increase by more than 20%, compared to EPS of ZAR 23.98 and HEPS of ZAR 15.21 reported for the six months ended 31 December 2021.お知らせ • Oct 18+ 2 more updatesSasol Limited, Annual General Meeting, Oct 29, 2022Sasol Limited, Annual General Meeting, Oct 29, 2022.Upcoming Dividend • Aug 31Upcoming dividend of R14.70 per shareEligible shareholders must have bought the stock before 07 September 2022. Payment date: 12 September 2022. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 4.2%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.9%).Reported Earnings • Aug 24Full year 2022 earnings releasedFull year 2022 results: Revenue: R275.7b (up 37% from FY 2021). Net income: R39.0b (up 331% from FY 2021). Profit margin: 14% (up from 4.5% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 13% compared to a 2.3% growth forecast for the Chemicals industry in Germany.お知らせ • Aug 24Sasol Limited Declares Final Gross Cash Dividend for the Year Ended June 30, 2022, Payable on September 12, 2022Sasol Limited announced a final gross cash dividend of South African 1,470 cents per share (June 30, 2021 – nil cents per ordinary share) has been declared for the year ended June 30, 2022. The cash dividend is payable on the ordinary shares and the Sasol BEE ordinary shares. The net dividend amount payable to shareholders who are not exempt from dividend withholding tax, is 1,176 cents per share while the dividend amount payable to shareholders who are exempt from dividend withholding tax is 1,470 cents per share. Trading ex dividend commences on September 7, 2022. Record date is September 9, 2022. Payment date is September 12, 2022.お知らせ • Aug 06Sasol Limited Provides Earnings Guidance for the Financial Year 2022Sasol Limited provided earnings guidance for the financial year 2022. For the year, the company expects earnings per share to be between ZAR 60.59 to ZAR 63.51 compared to the prior year earnings per share of ZAR 14.57 (representing an increase of more than 100%). Headline earnings per share (HEPS) are expected to be between ZAR 42.84 to ZAR 50.74 compared to the prior year headline earnings per share of ZAR 39.53 (representing an increase by between 8% and 28%). Core HEPS (CHEPS) are expected to be between ZAR 65.21 to ZAR 70.76 compared to the prior year CHEPS of ZAR 27.74.お知らせ • May 17\Hagens Berman Sobol Shapiro LLP Announces Proposed Class Action Settlement on Behalf of Purchasers of Sasol Limited American Depository ReceiptsHagens Berman Sobol Shapiro LLP announced that the United States District Court for the Southern District of New York has approved the following announcement of a proposed class action settlement that would benefit purchasers of Sasol Limited American Depository Receipts: Pursuant to an Order of the United States District Court for the Southern District of New York, that a hearing will be held on August 18, 2022, at 9:30 a.m. before the Honorable John P. Cronan, United States District Judge of the Southern District of New York, United States Courthouse, Courtroom 12D, 500 Pearl Street, New York, NY 10007 for the purpose of determining: (1) whether the proposed settlement of the claims in the above-captioned Action (“Settlement”) for consideration including the sum of $24,000,000 (“Settlement Amount”) should be approved by the Court as fair, reasonable, and adequate; (2) whether the proposed plan to distribute the Settlement proceeds is fair, reasonable, and adequate; (3) whether the application of attorneys for Lead Plaintiff for an award of attorneys’ fees of up to (22%) plus interest of the Settlement Amount, reimbursement of expenses of not more than $600,000 and an incentive payment of no more than $20,000 to Lead Plaintiff and no more than $15,000 to the Additional Plaintiff Representative should be approved; and (4) whether this Action should be dismissed with prejudice as set forth in the Stipulation and Agreement of Settlement dated April 1, 2022 (the “Stipulation”). The Court may also hold the hearing telephonically or by videoconference.お知らせ • May 04Azura Power Holdings Ltd. completed the acquisition of Central Termica De Ressano Garcia from Sasol Limited (JSE:SOL).Azura Power Holdings Ltd. signed a Sale Securities Purchase Agreement to acquire 49% stake in Central Termica De Ressano Garcia from Sasol Limited (JSE:SOL) for approximately $150 million on December 21, 2020.The consideration covers the equity and other shareholder claims that Sasol holds in CTRG. The transaction is subject to a number of conditions precedent, which include regulatory approval and the waiver of pre-emption rights held by Electricidade de Mocambique (EDM), the Mozambican state-owned electricity company. As of May 3, 2022 all conditions precedent are fulfilled.The deal is targeted to be completed before June 2021. Tim Sheddick and Simon Letherman of Shearman & Sterling LLP acted as legal advisor to Sasol Limited. Azura Power Holdings Ltd. completed the acquisition of Central Termica De Ressano Garcia from Sasol Limited (JSE:SOL) on May 3, 2022.お知らせ • Apr 26Sasol Limited to Report Fiscal Year 2022 Results on Aug 23, 2022Sasol Limited announced that they will report fiscal year 2022 results on Aug 23, 2022Recent Insider Transactions • Mar 05Insider recently sold €117k worth of stockOn the 3rd of March, H. Brand sold around 5k shares on-market at roughly €23.31 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €221k more than they bought in the last 12 months.Valuation Update With 7 Day Price Move • Mar 04Investor sentiment improved over the past weekAfter last week's 18% share price gain to €23.01, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 9x in the Chemicals industry in Germany. Total loss to shareholders of 11% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €24.34 per share.Reported Earnings • Feb 24First half 2022 earnings: EPS in line with analyst expectations despite revenue beatFirst half 2022 results: EPS: R23.98 (up from R23.41 in 1H 2021). Revenue: R119.9b (up 30% from 1H 2021). Net income: R15.0b (up 3.4% from 1H 2021). Profit margin: 13% (down from 16% in 1H 2021). Revenue exceeded analyst estimates by 5.8%. Over the next year, revenue is forecast to grow 4.2%, compared to a 6.6% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.お知らせ • Feb 21Sasol Limited Announces Management ChangesSasol Limited announced the appointment of Mr. Riaan Rademan as Executive Vice President for Mining and as a member of the Group Executive Committee, effective 9 March 2022. Riaan's mandate is to lead mining through its current challenges and position the business over the coming months for enhanced and sustainable productivity, prioritising safety in its operations. Riaan re-joins Sasol from Foskor (Pty) Ltd. where he has been the President and Chief Executive Officer since 1 July 2019 and led a successful business turnaround programme. In addition, its EVP Energy Operations, Mr. Bernard Klingenberg nears retirement later this year and a suitable internal successor was identified. Mr. Simon Baloyi will be appointed as the EVP Energy Operations, effective 1 April 2022. He holds masters degrees in chemical engineering and engineering management, and has more than 20 years' experience across the Sasol South African value chains.お知らせ • Feb 08+ 1 more updateSasol Limited Provides Earnings Guidance for the Year 2022Sasol Limited announced earnings guidance for the year 2022. For the year, the company Earnings per share (EPS) are expected to be between SAR 22,81 and SAR 25,15 compared to the prior half year earnings per share of SAR 23,41 (representing a change of between (3%) and 7%); Headline earnings per share (HEPS) are expected to be between SAR 14,25 and SAR 16,17 compared to the prior half year headline earnings per share of SAR 19,16 (representing a decrease by between 16% and 26%); and Core HEPS (CHEPS) are expected to be between SAR 22,13 and SAR 22,91 compared to the prior half year CHEPS of SAR 7,86.Valuation Update With 7 Day Price Move • Jan 31Investor sentiment improved over the past weekAfter last week's 16% share price gain to €19.30, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 11x in the Chemicals industry in Germany. Total loss to shareholders of 26% over the past three years.Valuation Update With 7 Day Price Move • Dec 04Investor sentiment improved over the past weekAfter last week's 15% share price gain to €15.25, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 10x in the Chemicals industry in Germany. Total loss to shareholders of 42% over the past three years.お知らせ • Dec 03Draslovka (South Africa) Proprietary Limited cancelled the acquisition of Sodium Cyanide Business of Sasol Limited from Sasol Limited (JSE:SOL).Draslovka (South Africa) Proprietary Limited agreed to acquire Sodium Cyanide Business from Sasol Limited (JSE:SOL) for ZAR 1.5 billion on July 12, 2021. Upon completion Draslovka will take over full operational control of the cyanide business. The deal is subject to the fulfilment of various conditions including Competition Commission, South African Reserve Bank, license and permit regulatory approvals. The deal is expected to close in the first half of calendar year 2022. As of November 29, 2021, the competition commission prohibited the proposed transaction. Petr Zákoucký, Brandon Irsigler, Jacklin-Levin, Alishka Singh, Robert Parring, Jirí Tomola, Ivo Hartmann, Lucie Kubínyiová, Adam Prerovský, Joel Pandaro, Kirith Haria, Hugo McLachlan, Ameer Jassat, Muhammad Patel, Aabeed Abdullatief, Justina Bodláková, Jan Tylš, Michal Pelikán, Barbora Obracajová, Anna Urbanová and Petr Kotáb of Dentons Europe Cs Llp, Organizacni Slozka acted as legal advisor to Draslovka Holding A.S. Charles Douglas, Samantha Saffy, Claire Tucker, and Maryanne Angumuthoo of Bowmans acted as legal advisors to Sasol Limited. Draslovka (South Africa) Proprietary Limited cancelled the acquisition of Sodium Cyanide Business of Sasol Limited from Sasol Limited (JSE:SOL) on December 2, 2021.Executive Departure • Nov 29Independent Non-Executive Director Zamani Mkhize has left the companyOn the 19th of November, Zamani Mkhize's tenure as Independent Non-Executive Director ended after 10.0 years in the role. As of September 2021, Zamani still personally held only 181.00 shares (€2.7k worth at the time). A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 3.79 years.Executive Departure • Nov 29Independent Non-Executive Director Zamani Mkhize has left the companyOn the 19th of November, Zamani Mkhize's tenure as Independent Non-Executive Director ended after 10.0 years in the role. As of September 2021, Zamani still personally held only 181.00 shares (€2.7k worth at the time). A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 3.79 years.Executive Departure • Nov 29Independent Non-Executive Director Zamani Mkhize has left the companyOn the 19th of November, Zamani Mkhize's tenure as Independent Non-Executive Director ended after 10.0 years in the role. As of September 2021, Zamani still personally held only 181.00 shares (€2.7k worth at the time). A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 3.79 years.Executive Departure • Nov 29Independent Non-Executive Director Zamani Mkhize has left the companyOn the 19th of November, Zamani Mkhize's tenure as Independent Non-Executive Director ended after 10.0 years in the role. As of September 2021, Zamani still personally held only 181.00 shares (€2.7k worth at the time). A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 3.79 years.Executive Departure • Nov 29Independent Non-Executive Director Peter Robertson has left the companyOn the 19th of November, Peter Robertson's tenure as Independent Non-Executive Director ended after 9.4 years in the role. We don't have any record of a personal shareholding under Peter's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 3.79 years.Executive Departure • Nov 29Independent Non-Executive Director Peter Robertson has left the companyOn the 19th of November, Peter Robertson's tenure as Independent Non-Executive Director ended after 9.4 years in the role. We don't have any record of a personal shareholding under Peter's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 3.79 years.Executive Departure • Nov 29Independent Non-Executive Director Peter Robertson has left the companyOn the 19th of November, Peter Robertson's tenure as Independent Non-Executive Director ended after 9.4 years in the role. We don't have any record of a personal shareholding under Peter's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 3.79 years.Executive Departure • Nov 29Independent Non-Executive Director Peter Robertson has left the companyOn the 19th of November, Peter Robertson's tenure as Independent Non-Executive Director ended after 9.4 years in the role. We don't have any record of a personal shareholding under Peter's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 3.79 years.Executive Departure • Nov 29Independent Non-Executive Director Zamani Mkhize has left the companyOn the 19th of November, Zamani Mkhize's tenure as Independent Non-Executive Director ended after 10.0 years in the role. As of September 2021, Zamani still personally held only 181.00 shares (€2.7k worth at the time). A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 3.79 years.Executive Departure • Nov 29Independent Non-Executive Director Peter Robertson has left the companyOn the 19th of November, Peter Robertson's tenure as Independent Non-Executive Director ended after 9.4 years in the role. We don't have any record of a personal shareholding under Peter's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 3.79 years.Executive Departure • Nov 29Independent Non-Executive Director Zamani Mkhize has left the companyOn the 19th of November, Zamani Mkhize's tenure as Independent Non-Executive Director ended after 10.0 years in the role. As of September 2021, Zamani still personally held only 181.00 shares (€2.7k worth at the time). A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 3.79 years.Executive Departure • Nov 29Independent Non-Executive Director Zamani Mkhize has left the companyOn the 19th of November, Zamani Mkhize's tenure as Independent Non-Executive Director ended after 10.0 years in the role. As of September 2021, Zamani still personally held only 181.00 shares (€2.7k worth at the time). A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 3.79 years.Executive Departure • Nov 29Independent Non-Executive Director Peter Robertson has left the companyOn the 19th of November, Peter Robertson's tenure as Independent Non-Executive Director ended after 9.4 years in the role. We don't have any record of a personal shareholding under Peter's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 3.79 years.Executive Departure • Nov 29Independent Non-Executive Director Peter Robertson has left the companyOn the 19th of November, Peter Robertson's tenure as Independent Non-Executive Director ended after 9.4 years in the role. We don't have any record of a personal shareholding under Peter's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 3.79 years.Executive Departure • Nov 29Independent Non-Executive Director Peter Robertson has left the companyOn the 19th of November, Peter Robertson's tenure as Independent Non-Executive Director ended after 9.4 years in the role. We don't have any record of a personal shareholding under Peter's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 3.79 years.Executive Departure • Nov 29Independent Non-Executive Director Peter Robertson has left the companyOn the 19th of November, Peter Robertson's tenure as Independent Non-Executive Director ended after 9.4 years in the role. We don't have any record of a personal shareholding under Peter's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 3.79 years.Executive Departure • Nov 29Independent Non-Executive Director Peter Robertson has left the companyOn the 19th of November, Peter Robertson's tenure as Independent Non-Executive Director ended after 9.4 years in the role. We don't have any record of a personal shareholding under Peter's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 3.79 years.株主還元SAOADE ChemicalsDE 市場7D5.6%3.0%-0.6%1Y247.6%3.7%0.2%株主還元を見る業界別リターン: SAOA過去 1 年間で3.7 % の収益を上げたGerman Chemicals業界を上回りました。リターン対市場: SAOA過去 1 年間で0.2 % の収益を上げたGerman市場を上回りました。価格変動Is SAOA's price volatile compared to industry and market?SAOA volatilitySAOA Average Weekly Movement11.3%Chemicals Industry Average Movement6.0%Market Average Movement6.1%10% most volatile stocks in DE Market13.1%10% least volatile stocks in DE Market2.7%安定した株価: SAOAの株価は、 German市場と比較して過去 3 か月間で変動しています。時間の経過による変動: SAOAの weekly volatility ( 11% ) は過去 1 年間安定していますが、依然としてGermanの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト195027,107Simon Baloyiwww.sasol.comサソル・リミテッドは南アフリカおよび国際的に化学・エネルギー事業を展開している。電池材料、触媒担体、研磨剤、ポリマー添加剤などのアルミナ、コバルト・フィッシャー・トロプシュ触媒、炭素系・再炭化製品、黒鉛電極、モノエチレングリコール・クロルアルカリ製品、モノマー、鉱業用化学品・試薬、ブレンド・炭化水素、メタノール製品、ポリマー、フェノール、肥料を提供している。また、直鎖アルキルベンゼン、スルホネート、マクロゴール／ポリエチレングリコール、エタノール、イソプロピル、アセトン、MIBK、酢酸エチル製品も提供している；および脂肪アルコール、アルコキシレート、エーテルサルフェート、溶剤、分散剤、希釈剤エステル、α-ヒドロキシ酸エステル、ワックス、希釈剤、ゲルベットアルコール、バイオサーファクタント、C6-C20+アルコール、エトキシレート、プロポキシレート、パラフィン/イソパラフィン、パラフォール、アミン、アルキルフェノール、硫酸塩。さらに、アルコール、エステル、エーテル、カルボン酸、界面活性剤、油溶性・水溶性ポリグリコール、製剤・表面改質剤、溶剤・合剤、ワックスカット、ブレンド、フォーム、FTハードワックス、ブレンド、潤滑パッケージ、核剤、離型剤、乳化剤、湿潤剤、タンクミックスアジュバント成分、肥料添加剤、特殊溶剤を提供している。さらに、天然油、天然ガス、関連製品の探鉱、開発、生産、販売、燃料と潤滑油の販売、GTLとCTLベンチャーの開発と実施、炭鉱の運営、石油、石油化学製品、化学製品と誘導品の取引と輸送、エンジニアリング、研究開発、技術移転サービスの提供も行っている。サソル・リミテッドは1950年に設立され、南アフリカのヨハネスブルグに本社を置く。もっと見るSasol Limited 基礎のまとめSasol の収益と売上を時価総額と比較するとどうか。SAOA 基礎統計学時価総額€7.45b収益（TTM）€124.15m売上高(TTM)€12.86b60.2xPER（株価収益率0.6xP/SレシオSAOA は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計SAOA 損益計算書（TTM）収益R249.38b売上原価R147.96b売上総利益R101.42bその他の費用R99.02b収益R2.41b直近の収益報告Dec 31, 2025次回決算日該当なし一株当たり利益（EPS）3.73グロス・マージン40.67%純利益率0.97%有利子負債／自己資本比率59.7%SAOA の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/15 01:27終値2026/05/15 00:00収益2025/12/31年間収益2025/06/30データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Sasol Limited 8 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。15 アナリスト機関Gerhard EngelbrechtAbsa Bank LimitedJared HooverArqaam Capital Research Offshore S.A.L.Caroline LearmonthBarclays12 その他のアナリストを表示
お知らせ • Apr 23Sasol Limited Revises Sales Volumes and Gas Production Guidance for the Fiscal Year 2026Sasol Limited revised sales volumes and gas production guidance for the fiscal year 2026. For the year, guidance remains unchanged, except Fuel sales volumes have been revised upwards from 5% to 10% higher to 10% to 15% higher than Fiscal Year 2025 due to stable SO production, higher Natref volumes and increased demand; and gas production volumes have been revised down from 0% to 5% below Fiscal Year 2025 to 5% to 10% below Fiscal Year 2025, due to the Mozambican flooding and well availability constraints at the Petroleum Production Agreement (PPA) asset.
お知らせ • Feb 17Sasol Limited Announces Resignation of Katherine Harper as Non-Executive Director, Effective on 16 February 2026Sasol Limited announced that in compliance with para 6.71 of the JSE Listings Requirements and para 6.42 of the JSE Debt and Specialist Securities Listings Requirements, shareholders and noteholders are advised of the following change to the board of directors of the Company in accordance with the Company's nomination and succession plan for directors: Ms. Katherine Harper has tendered her resignation as a non-executive director of Sasol for personal reasons. The Board accepted her resignation on 16 February 2026.
お知らせ • Feb 05Sasol Limited Provides Revenue Guidance for the Six Months Ended 31 December 2025Sasol Limited provided revenue guidance for the six months ended 31 December 2025. For the six months ended 31 December 2025, the company expected Earnings per share (EPS) is expected to be between ZAR 0.10 and ZAR 0.80 per share (prior period EPS of ZAR 7,22), a decrease of 89% to 99% compared to the prior period.
お知らせ • Jan 20Sasol Limited Announces the Appointment of Rhidwaan Gasant as Independent Non-Executive Director, Effective 1 February 2026Sasol Limited announced the appointment of Mr. Rhidwaan Gasant as independent non-executive director with effect from 1 February 2026. Mr. Gasant satisfies the independence requirements for directors under applicable requirements in South Africa and the United States. Mr. Gasant is a Chartered Accountant and served as a senior audit manager at KPMG before joining Mobil Oil Southern Africa. He was the former Financial Director of Engen Limited and Chief Executive Officer of Energy Africa Limited. Mr. Gasant has extensive board-level experience, including recently serving as Lead Independent Director of AngloGold Ashanti plc and Audit Committee Chairman of MTN Nigeria Communications plc. He is currently the Chairman of Growthpoint Properties Limited. He has been involved in various corporate actions in South Africa and internationally, and brings over three decades of financial, governance and corporate experience to the Sasol Board.
お知らせ • Nov 17Sasol Limited Announces Safety, Social and Ethics Committee AppointmentsSasol Limited at its board meeting held on November 14, 2025 announced the appointment of Mr. S Baloyi, Ms. M B N Dube, Mr. D G P Eyton (Chairman), Dr M Flöel, Mr.V D Kahla, Ms. N X Maluleke as members of the Safety, Social and Ethics Committee.
お知らせ • Oct 31Sasol Limited to Report First Half, 2026 Results on Feb 23, 2026Sasol Limited announced that they will report first half, 2026 results on Feb 23, 2026
お知らせ • Apr 23Sasol Limited Revises Sales Volumes and Gas Production Guidance for the Fiscal Year 2026Sasol Limited revised sales volumes and gas production guidance for the fiscal year 2026. For the year, guidance remains unchanged, except Fuel sales volumes have been revised upwards from 5% to 10% higher to 10% to 15% higher than Fiscal Year 2025 due to stable SO production, higher Natref volumes and increased demand; and gas production volumes have been revised down from 0% to 5% below Fiscal Year 2025 to 5% to 10% below Fiscal Year 2025, due to the Mozambican flooding and well availability constraints at the Petroleum Production Agreement (PPA) asset.
お知らせ • Feb 17Sasol Limited Announces Resignation of Katherine Harper as Non-Executive Director, Effective on 16 February 2026Sasol Limited announced that in compliance with para 6.71 of the JSE Listings Requirements and para 6.42 of the JSE Debt and Specialist Securities Listings Requirements, shareholders and noteholders are advised of the following change to the board of directors of the Company in accordance with the Company's nomination and succession plan for directors: Ms. Katherine Harper has tendered her resignation as a non-executive director of Sasol for personal reasons. The Board accepted her resignation on 16 February 2026.
お知らせ • Feb 05Sasol Limited Provides Revenue Guidance for the Six Months Ended 31 December 2025Sasol Limited provided revenue guidance for the six months ended 31 December 2025. For the six months ended 31 December 2025, the company expected Earnings per share (EPS) is expected to be between ZAR 0.10 and ZAR 0.80 per share (prior period EPS of ZAR 7,22), a decrease of 89% to 99% compared to the prior period.
お知らせ • Jan 20Sasol Limited Announces the Appointment of Rhidwaan Gasant as Independent Non-Executive Director, Effective 1 February 2026Sasol Limited announced the appointment of Mr. Rhidwaan Gasant as independent non-executive director with effect from 1 February 2026. Mr. Gasant satisfies the independence requirements for directors under applicable requirements in South Africa and the United States. Mr. Gasant is a Chartered Accountant and served as a senior audit manager at KPMG before joining Mobil Oil Southern Africa. He was the former Financial Director of Engen Limited and Chief Executive Officer of Energy Africa Limited. Mr. Gasant has extensive board-level experience, including recently serving as Lead Independent Director of AngloGold Ashanti plc and Audit Committee Chairman of MTN Nigeria Communications plc. He is currently the Chairman of Growthpoint Properties Limited. He has been involved in various corporate actions in South Africa and internationally, and brings over three decades of financial, governance and corporate experience to the Sasol Board.
お知らせ • Nov 17Sasol Limited Announces Safety, Social and Ethics Committee AppointmentsSasol Limited at its board meeting held on November 14, 2025 announced the appointment of Mr. S Baloyi, Ms. M B N Dube, Mr. D G P Eyton (Chairman), Dr M Flöel, Mr.V D Kahla, Ms. N X Maluleke as members of the Safety, Social and Ethics Committee.
お知らせ • Oct 31Sasol Limited to Report First Half, 2026 Results on Feb 23, 2026Sasol Limited announced that they will report first half, 2026 results on Feb 23, 2026
お知らせ • Oct 16Sasol Limited, Annual General Meeting, Nov 14, 2025Sasol Limited, Annual General Meeting, Nov 14, 2025.
お知らせ • Oct 08Sasol International Chemicals Commercializes First Insect Oil-Based, Nonionic Surfactant for Care Chemicals MarketsSasol International Chemicals announced the launch and commercialization of a bio-circular, palm and deforestation-free surfactant derived from insect oils available under the trade name LIVINEX IO 7. This new, innovative product (patent pending) is the first nonionic surfactant of its kind in the fabric, home care, industrial and institutional cleaning markets. insect oil, a by-product of a process to make more sustainable proteins for animal feed, transforms organic waste into valuable chemical feedstock, providing a replacement to traditional oleochemistry. LIVINEX IO 7 is made from oil obtained from black soldier fly larvae. This oil is rich in fatty acids that are used to produce detergent-grade alcohols. Because insect oil chemistry is identical to that of vegetable oil, mature technology and existing processes can be used for its production, avoiding land use changes or competition with food crops.
お知らせ • Sep 23Sasol Limited to Report Q1, 2026 Results on Oct 22, 2025Sasol Limited announced that they will report Q1, 2026 results on Oct 22, 2025
お知らせ • Aug 25Sasol Limited Announces Changes to Board Committee Membership, Effect from 22 August 2025Sasol Limited announced that In compliance with the JSE Limited Listings Requirements and the JSE Debt Listings Requirements, shareholders and noteholders are advised that Ms. Xikongomelo Maluleke, an independent non-executive director, has been appointed as member of the Audit Committee and the Safety, Social and Ethics Committee with effect from 22 August 2025. Mr. Manuel Cuambe will step down as member of the Safety, Social and Ethics Committee with effect from 22 August 2025.
お知らせ • Jul 22Sasol Limited Provides Earnings Guidance for the Year Ended 30 June 2025Sasol Limited provided earnings guidance for the year ended 30 June 2025. For the year, the company earnings per share (EPS) are expected to increase by more than 20%, compared to a loss per share of ZAR 69,94 reported for the year ended 30 June 2024, which included negative remeasurement items of ZAR 88,13 per share. EPS and headline earnings per share (HEPS) may be impacted further by adjustments resulting from the 2025 financial year closure process, which cannot be estimated reliably at this point in time.
お知らせ • Jun 10Sasol Limited Announces Board and Committee ChangesSasol Limited announced the following changes to the board of directors of the company in accordance with the company's nomination and succession plan for directors: Ms Xikongomelo Maluleke has been appointed as an independent non-executive director of Sasol with effect from 9 June 2025. Ms Maluleke satisfies the independence requirements for directors under applicable requirements in South Africa and the United States. Ms Maluleke is a Chartered Accountant. She attained a Bachelor of Commerce (Accounting) degree from the University of Limpopo, a Bachelor of Accounting Honours and CTA from the University of KwaZulu-Natal and an MBA from the University of Pretoria. She spent seven years at Shell Downstream South Africa in various finance roles. Ms Maluleke was the Chief Financial Officer of Lumika Renewables (a joint venture of Reunert Limited and AP Moller Capital). She has been serving on the Board of Sasol South Africa Limited as an appointee of the Board of Trustees of the Sasol Khanyisa Employee Share Ownership (ESOP) Trust, which she has been an independent trustee of. Pursuant to her appointment to the Board of the Company, she has resigned from the Board of Trustees of the Sasol Khanyisa Employee Share Ownership Trust and the Board of Directors of Sasol South Africa Limited. Mr. Timothy Cumming has decided to resign as non-executive director and chairman of the Remuneration Committee of Sasol due to personal reasons. The Board accepted his resignation on 6 June 2025. Dr. Martina Flöel, the Lead Independent Director who also serves as a member of the Remuneration Committee, has been appointed as chairman of the committee with effect from 6 June 2025. Pursuant to this appointment, Dr Flöel has relinquished chairmanship of the Capital Investment Committee. Mr. Manuel Cuambe, who has served on the Capital Investment Committee since joining the Board of Sasol, has been appointed as chairman of the Capital Investment Committee effective 6 June 2025.
お知らせ • May 30Sasol Limited to Report Fiscal Year 2025 Results on Aug 25, 2025Sasol Limited announced that they will report fiscal year 2025 results on Aug 25, 2025
お知らせ • May 20Sasol Limited Approves A Change in Dividend PolicySasol Limited Board of Directors ("the Board") has approved a revision to the Company's dividend policy. Previously, Sasol's dividend policy included a dividend trigger based on achieving a sustainable net debt below USD 4 billion (excluding leases). The Board has approved the adjustment to the dividend trigger to a threshold of net debt sustainably below USD 3 billion (excluding leases). All other elements of the dividend policy remain unchanged. This revised policy is considered a prudent step, better aligned with the prevailing volatility in the macro-economic environment and Sasol's commitment to maintaining a resilient balance sheet and ensuring sustainable future shareholder returns.
お知らせ • Feb 05Sasol Limited Provides Earnings Guidance for the Six Months Ended December 31, 2024Sasol Limited provided earnings guidance for the six months ended December 31, 2024. For the period, the company’s earnings per share (EPS) are expected to be between ZAR 6.00 and ZAR 8.00 compared to the prior half year EPS of ZAR 15.19 (representing a decrease of between 47% and 61%); and Headline earnings per share (HEPS) are expected to be between ZAR 13.00 and ZAR 15.00 compared to the prior half year HEPS of ZAR 20.37 (representing a decrease of between 26% and 36%); and The decrease in earnings in the period is primarily due to: A 13% decline in the average Rand per barrel of Brent Crude Oil price and a significant decline in refining margins and fuel price differentials; A 5% decrease in sales volumes associated with lower production and/or lower market demand. Notable non-cash adjustments (before taxation) including: A net loss of ZAR 6.2 billion from remeasurement items compared to a net loss of ZAR 5.8 billion in the prior half year, mainly due to the Secunda and Sasolburg liquid fuels refinery cash generating units remaining fully impaired. The full amount of costs capitalised during the current period of ZAR 5.6 billion are impaired; Unrealised losses of ZAR 0.1 billion on the translation of monetary assets and liabilities, and valuation of financial instruments and derivative contracts compared to unrealised gains of ZAR 2.7 billion in the prior half year.
お知らせ • Nov 12Sasol Limited to Report First Half, 2025 Results on Feb 24, 2025Sasol Limited announced that they will report first half, 2025 results on Feb 24, 2025
お知らせ • Sep 16Sasol Limited Announces Board Appointments and Changes to the Board CommitteesSasol Limited announced the following changes to the Board: Ms. Muriel Dube has been appointed Chairman of the Board of Sasol Limited, with effect from 13 September 2024. Muriel joined the Sasol Limited Board as an independent non-executive director in 2018. She holds an MSc degree in Environmental Change and Management from Oxford University and degrees in BA Human Sciences and BA Honours Politics. She has an extensive background in sustainability-, commercial-, finance- and leadership roles. She previously served as the Chief Negotiator for the Government of South Africa in climate change negotiations under the United Nations Framework Convention on Climate Change and as Director of Atmospheric Protection and Chemicals Management at the Department of Environmental Affairs and Tourism. Subsequently, she was the Group Commercial Director at Bidvest Group, Investment Banker at Investec plc and Chief Executive of Nozala Investments. Currently she is a non-executive director at the UK Infrastructure Bank. Her past non-executive director roles include Control Risks UK, Apogee Sustainability, Vodacom South Africa, Bidvest Group Limited, PG Group, Bravo Brands, Fluormin plc and Enviroserv. The Sasol Limited Board is pleased to pass the reins of Chairman to someone of Muriel's calibre and is confident she will provide the necessary direction and leadership as the Company intensifies its focus on progressing a sustainable future business. Following the appointment of Ms. Muriel Dube, who was the former Lead Independent Director, the Sasol Limited Board has appointed Dr Martina Flöel as Lead Independent Director with effect from 13 September 2024. Changes to the Sasol Limited Board Committees: Due to Ms. Muriel Dube's appointment as Chairman of the Board, she will step down as Chairman of the Safety, Social and Ethics Committee and member of the Audit Committee and Capital Investment Committee. Consequently the Board appointed Mr. David Eyton, and independent non-executive director, as Chairman of the Safety, Social and Ethics Committee and member of the Audit Committee and Nomination and Governance Committee. Due to these appointments, David will step down as member of the Remuneration Committee with effect from 14 September 2024. Ms. Katherine Harper, a independent non-executive director, has been appointed as member of the Remuneration Committee with effect from 14 September 2024.
お知らせ • Sep 05Sasol Limited Announces Executive ChangesThe Board of Directors of the Sasol Limited has appointed Ms. Elizna Viljoen as Sasol's Group Company Secretary with effect from 1 January 2025. Elizna will be joining Sasol from Anglo American where she has been leading the company secretarial teams of Anglo American South Africa and Anglo American Platinum. With over 23 years of expertise in the company secretarial field, both in consulting and in-house roles, Elizna has been involved in a wide range of corporate transactions across the industrial, mining, information technology and telecommunications sectors. Elizna holds a B.Com in Marketing Management degree and is a Fellow of the Chartered Governance Institute of South Africa (FCIS). She also is a member of the Advisory Committee of the JSE. Ms. Helaine Joubert, the Deputy Group Company Secretary will continue to act as Group Company Secretary of the Company until 31 December 2024.
Buy Or Sell Opportunity • Aug 30Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 17% to €7.20. The fair value is estimated to be €5.92, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.8% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Aug 21Full year 2024 earnings released: R69.94 loss per share (vs R14.00 profit in FY 2023)Full year 2024 results: R69.94 loss per share (down from R14.00 profit in FY 2023). Revenue: R275.1b (down 5.0% from FY 2023). Net loss: R44.3b (down R53.1b from profit in FY 2023). Revenue is forecast to grow 4.3% p.a. on average during the next 2 years, compared to a 4.5% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 45 percentage points per year, which is a significant difference in performance.
お知らせ • Aug 20Sasol Limited Approves Change in Dividend PolicyThe Sasol Limited board of directors approved a change in the Company's dividend policy. The revised policy is based on 30% of free cash flow generated provided that net debt (excluding leases) is below USD4 billion on a sustained basis. Free cash flow is defined as before discretionary capital spend and dividends paid. The Company's dividend policy was based on 2,5x to 2,8x Core headline earnings per share (CHEPS). The disconnect between headline earnings and cashflow generation, as well as elevated leverage levels, has necessitated a revision to the company's dividend policy.
お知らせ • Aug 13+ 1 more updateSasol Limited Appoints Walt Bruns as Chief Financial Officer, Effective 1 September 2024Shareholders and noteholders are referred to the SENS announcement of 2 May 2024, where Sasol advised that Mr. Hanré Rossouw will step down as Chief Financial Officer of Sasol Limited on 31 October 2024 to pursue a career opportunity. In compliance with para 3.59 of the JSE Listings Requirements and para 6.39 of the JSE Debt Listings Requirements, shareholders and noteholders are advised that the Board of Sasol Limited, following a thorough process considering both internal and external candidates, has appointed Mr. Walt Bruns as Chief Financial Officer of Sasol Limited to replace Mr. Hanré Rossouw. This appointment will take effect from 1 September 2024, in accordance with the Company's policy for the nomination of directors. Shareholders and noteholders are further advised that Mr. Hanré Rossouw will therefore step down as Chief Financial Officer of Sasol Limited on 31 August 2024. Mr. Bruns is currently the Chief Financial Officer of Sasol Southern Africa including Energy and Chemicals. He has been with Sasol for 15 years and has held a variety of senior management positions, including more than three years as Chief Financial Officer of Sasol's global chemicals business. Prior to Sasol, he worked for Deloitte in South Africa and the United States of America. Mr. Bruns is well positioned to succeed Mr. Rossouw, owing to his in depth knowledge of the Sasol business and his extensive global experience in both the chemicals and energy sectors. Mr. Bruns will focus on driving sustainable value and supporting Sasol's strategic transformation for the future. Mr. Bruns is a certified chartered accountant in South Africa. He holds a Bachelor of Commerce degree from the University of Stellenbosch and post graduate diplomas from the University of Cape Town.
お知らせ • Aug 12Sasol Limited Provides Group Earnings Guidance for the Year Ended 30 June 2024Sasol Limited provided group earnings guidance for the year ended 30 June 2024. The company announced that the group expects the earnings per share (EPS) to be lower than the comparative period. The following guidance is applicable for the 2024 financial year: Basic loss per share (LPS) is expected to be between ZAR 68.82 and ZAR 71.48 compared to the prior year basic earnings per share (EPS) of ZAR 14.00 (representing a decrease of more than 100%).
お知らせ • Aug 01Sasol Chemicals Expands Its Lower Carbon Wax Portfolio with A New Solution for the Adhesive Packaging IndustrySasol Chemicals introduced SASOLWAX LC100, an industrial wax grade with a 35% lower carbon footprint, further expanding its growing sustainable product portfolio. The latest addition is designed for use in packaging adhesives, delivering superior capabilities while achieving significant cradle-to-gate Product Carbon Footprint (PCF) benefits. The new SASOLWAX LC100 follows the recent introduction of SASOBIT LC, Sasol’s lower carbon solution for the asphalt industry. Both wax grades offer drop-in alternatives to the benchmark grades, enabling customers to significantly reduce their Scope 3 greenhouse gas emissions without compromising on performance. Sasol's Chemicals model for calculating PCFs for its GTL FT wax value chain has undergone a critical third-party review and complies with ISO 14067, an international standard that outlines the requirements and guidelines for quantifying the carbon footprint of products throughout their life cycle. Sasol offers more sustainable alternatives for its industry benchmark products. In the packaging and adhesives market, where Hot Melt Adhesives (HMA) are prevalent, Sasol’s SASOLWAX LC100 grade provides the same exceptional properties and performance benefits as Sasol's industry standard SASOLWAX H1, including: Enabling odourless, crystal clear HMA formulations in combination with metallocene polymers, through low viscosity, high crystallinity and stability. Smoother, thinner adhesive application, resulting in more box closures with less adhesive per closure Enabling high-speed packaging lines due to fast set times. Improved durability and stability Outstanding thermal stability, boosting operational efficiency for HMA manufacturers. In the asphalt industry, wax additives help to improve the workability, stability and recyclability of asphalt. Sasol’s SASOBIT LC offers asphalt formulators the same proven benefits as Sasol's industry-benchmark SASOBIT, including: Lower asphalt production and paving temperatures, saving energy and reducing emissions, thereby reducing construction worker exposure. Reduces rutting and road deformation due to bitumen stiffening at operation temperatures.
お知らせ • May 22Sasol Limited Announces Board and Committee ChangesSasol Limited announced that Mr. David G P Eyton has been appointed as a non-executive director of Sasol with effect from 1 September 2024. Mr. Eyton satisfies the independence requirements for directors under applicable requirements in South Africa and the United States. David will also join the Company's Capital Investment, Safety, Social and Ethics and Remuneration Committees. David held various positions at BP Plc between 1982 and 2022. He has extensive experience in the oil and gas sector, having held various business and functional leadership roles. He provided leadership in BP's energy transition and managed BP's digital and operating management systems, corporate venture capital and research and development functions. David has been the chairman and trustee of the John Lyons Foundation since 2016 and serves on the board of the UK Royal Academy of Engineering. David holds a BA Engineering degree from the University of Cambridge. He is a fellow of The Royal Academy of Engineering, the Institute of Materials, Minerals and Mining and the United Kingdom Institute of Directors. Ms. Mpho Nkeli has decided to retire as non-executive director and chairman of the Remuneration Committee of Sasol on 31 August 2024. Mr. Timothy Cumming, appointed as a director with effect from 1 June 2024, will take over as chairman of the Remuneration Committee on 1 September 2024. Tim has been appointed as a member of the Capital Investment, Remuneration and Safety, Social and Ethics Committees with effect from 1 June 2024. Mr. Steven Westwell retires as non-executive director and Chairman on 1 June 2024 when he reaches the twelfth anniversary of his appointment to the Sasol Board. Muriel Dube, in her capacity as LID, will carry out the responsibilities of the Chairman of the Board until the appointment of the Chairman is made. In particular, Muriel will bring to completion the Chairman succession process currently underway.
お知らせ • May 14Sasol Limited Appoints Timothy John Cumming as Non-Executive Director, Effective 1 June 2024The board of directors of the Sasol Limited has appointed Mr. Timothy (Tim) John Cumming as a non-executive director of Sasol with effect from 1 June 2024, in accordance with the Company's policy for the nomination of directors. Mr. Cumming satisfies the independence requirements for directors under applicable requirements in South Africa and the United States. Tim is the chairman of DRDGOLD Limited, a non-executive director of Sibanye-Stillwater Limited and the chairman of its Remuneration Committee. He is also a non-executive director of Nedgroup Investments Limited and serves as the chairman of Riscura Holdings Limited. He has a wealth of experience in financial services, including periods as an executive at Old Mutual Limited, HSBC Bank plc and Allan Gray Limited. Tim started his career as an engineer at Anglo American Corporation of South Africa Limited. He worked on several gold mines and diamond mines in Southern Africa. He is the founder and executive director of Scatterlinks Proprietary Limited. He holds a BSc Engineering (Hons) degree from the University of Cape Town and an MA (Politics, Philosophy and Economics) degree from Oxford University.
お知らせ • May 03+ 1 more updateSasol Limited Announces Resignation of Hanré Rossouw as Executive Director, Effective 31 October 2024Sasol Limited announced that Mr. Hanré Rossouw has informed the Company that he will step down as executive director of Sasol Limited on 31 October 2024. Hanré will remain with Sasol for the financial year-end closing and the publication of suite of annual reports for the year ending 30 June 2024, allowing for a structured handover period. Sasol has commenced the succession process and an announcement will be made in due course.
Valuation Update With 7 Day Price Move • Apr 25Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €6.45, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 15x in the Chemicals industry in Germany. Total loss to shareholders of 48% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €4.44 per share.
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment improves as stock rises 21%After last week's 21% share price gain to €8.60, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 15x in the Chemicals industry in Germany. Total loss to shareholders of 19% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €4.64 per share.
お知らせ • Apr 03Sasol Limited Announces Streamlined Group Executive CommitteeSasol Limited has streamlined the portfolios of the members of its Group Executive Committee (GEC). Effective 1 April 2024, Sasol's GEC comprises the following members: Mr. Simon Baloyi, Executive Director and President and Chief Executive Officer; Mr. Hanré Rossouw, Executive Director and Group Chief Financial Officer; Mr. Vuyo Kahla, Executive Director and Executive Vice President: Commercial and Legal, responsible for Legal, Intellectual Property and Compliance, Assurance, Information Management, Supply Chain and Company Secretarial Services; Mr. Hermann Wenhold, Executive Vice President: Mining, Risk and Safety, Health and Environment. Mr. Victor Bester, Executive Vice President: Operations and Projects Southern Africa; Mr. Christian Herrmann, Executive Vice President: Marketing and Sales Energy and Chemicals Southern Africa; Ms. Charlotte Mokoena, Executive Vice President: Human Resources and Corporate Affairs; Dr. Sarushen Pillay, Executive Vice President: Business Building, Strategy and Technology; and Mr. Brad Griffith, Executive Vice President: Chemicals Business. Mr. Griffith will retire on 30 June 2024 and will be succeeded by Ms. Antje Gerber on 15 April 2024, who joins Sasol as Executive Vice President: International Chemicals.
Board Change • Apr 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 9 experienced directors. 2 highly experienced directors. CFO & Executive Director Hanre Rossouw was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Mar 06Upcoming dividend of R2.00 per shareEligible shareholders must have bought the stock before 13 March 2024. Payment date: 18 March 2024. The company is paying out more than 100% of its profits and is paying out 76% of its cash flow. Trailing yield: 14%. Within top quartile of German dividend payers (5.2%). Higher than average of industry peers (5.9%).
お知らせ • Mar 02+ 1 more updateSasol Limited, Annual General Meeting, Nov 15, 2024Sasol Limited, Annual General Meeting, Nov 15, 2024.
お知らせ • Feb 28Sasol Limited Declares an Interim Gross Cash Dividend for the Six Months Ended 31 December 2023, Payable on 18 March 2024 for Holders of Ordinary Shares and Sasol BEE Ordinary Shares and Payable on 18 March 2024 for Holders of American Depository Receipts RespectivelyThe Sasol Limited board of directors (Board) declared an interim gross cash dividend of South African 200 cents per share (31 December 2022 - 700 cents per ordinary share) for the six months ended 31 December 2023. The cash dividend is payable on the ordinary shares and the Sasol BEE ordinary shares. The salient dates for holders of ordinary shares and Sasol BEE ordinary shares for the six months ended 31 December 2023 are: Declaration date: 26 February 2024. Last day for trading to qualify for and participate in the interim dividend (cum dividend): 12 March 2024. Trading ex dividend commences: 13 March 2024. Record date: 15 March 2024. Dividend payment date (electronic and certificated register): 18 March 2024. The salient dates for holders of American Depository Receipts for the six months ended 31 December 2023 are: Ex dividend on New York Stock Exchange (NYSE): 15 March 2024. Record date: 15 March 2024. Approximate date for currency conversion: 19 March 2024. Approximate dividend payment date: 29 March 2024.
Reported Earnings • Feb 28First half 2024 earnings released: EPS: R15.19 (vs R23.23 in 1H 2023)First half 2024 results: EPS: R15.19 (down from R23.23 in 1H 2023). Revenue: R136.3b (down 9.0% from 1H 2023). Net income: R9.58b (down 34% from 1H 2023). Profit margin: 7.0% (down from 9.7% in 1H 2023). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
Declared Dividend • Feb 28First half dividend of R2.00 announcedShareholders will receive a dividend of R2.00. Ex-date: 13th March 2024 Payment date: 18th March 2024 Dividend yield will be 36%, which is higher than the industry average of 6.1%. Sustainability & Growth Dividend is not covered by earnings (199% earnings payout ratio). However, it is covered by cash flows (89.7% cash payout ratio). The dividend has increased by an average of 1.3% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 121% to bring the payout ratio under control. EPS is expected to grow by 272% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.
New Risk • Feb 27New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 43% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (43% net debt to equity). Dividend is not well covered by earnings (121% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.4% net profit margin).
お知らせ • Feb 10Sasol Limited Provides Earnings Guidance for the Six Months Ended 31 December 2023Sasol Limited provided earnings guidance for the six months ended 31 December 2023. For the period, the company expects earnings per share (EPS) to be between ZAR 13.33 to ZAR 16.58 compared to the prior half year EPS of ZAR 23.23 (representing a decrease of between 29% to 43%). Headline earnings per share (HEPS) to be between ZAR 17.90 to ZAR 22.22 compared to the prior half year HEPS of ZAR 30.90 (representing a decrease of between 28% to 42%) and Core HEPS (CHEPS) to be between ZAR 16.43 to ZAR 19.86 compared to the prior half year CHEPS of ZAR 24.55 (representing a decrease of between 19% to 33%).
お知らせ • Dec 18Sasol Limited, Annual General Meeting, Jan 19, 2024Sasol Limited, Annual General Meeting, Jan 19, 2024, at 14:00 South Africa Standard Time. Agenda: To transact the business stated in the notice of AGM.
Valuation Update With 7 Day Price Move • Dec 07Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to €9.00, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 15x in the Chemicals industry in Germany. Total returns to shareholders of 36% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €7.95 per share.
お知らせ • Nov 17+ 1 more updateSasol Limited Announces Executive Changes with Effect from 1 April 2024Sasol Limited announced the appointment of Mr. Simon Baloyi as the president and executive director of the Company with effect from 1 April 2024. Simon will succeed Mr. Fleetwood Grobler, the current President and Chief Executive Officer of Sasol Limited. Fleetwood will continue to serve in an executive advisor role until 31 December 2024, to ensure a smooth and structured handover. The Board embarked on a comprehensive recruitment programme to identify a successor to Fleetwood. Internal and external candidates were considered and the process sought to identify the best leader for the role to ensure the candidate would be best positioned to most effectively serve the Company's interests going forward. Simon Baloyi is currently employed as the Executive Vice President, Energy Operations and Technology at Sasol. He has proven technical and operational skills and holds Master's degrees in Engineering Management and in Chemical Engineering. He has served in various management positions since joining the Sasol Group in 2002.
お知らせ • Nov 15Sasol Limited Announces Board ChangesSasol Limited announced that Mr. Sipho Nkosi has stepped down as Chairman and non-executive director of Sasol Limited on 10 November 2023. Mr. Nkosi came to the conclusion that, while he was comfortable that he would be able to comply with the conflict of interest requirements of the Companies Act, 2008 (Act No. 71 of 2008) and of the company, he was concerned that some of his business interests may be perceived to place him in conflict with the interests of Sasol. The Board has appointed Mr. Stephen Westwell, currently non-executive and lead independent director, as pro tem Chairman of the Board of Sasol Limited, with effect from= 11 November 2023. The Nomination and Governance Committee will in due course nominate a successor for the role of chairman in line with its formal succession plan.
お知らせ • Nov 02Sasol Limited to Report Q2, 2024 Results on Feb 26, 2024Sasol Limited announced that they will report Q2, 2024 results on Feb 26, 2024
お知らせ • Oct 19Sasol Limited Announces Resignation of Andreas Schierenbeck as Non-Executive Director, Effective 31 October 2023Sasol Limited announced that Mr. Andreas Schierenbeck has informed the Company that he will step down as non-executive director on 31 October 2023 and will therefore not be making himself available for election to the Board at the Annual General Meeting of the Company on 17 November 2023.
お知らせ • Oct 06Sasol Limited to Report Q1, 2024 Results on Oct 23, 2023Sasol Limited announced that they will report Q1, 2024 results on Oct 23, 2023
Upcoming Dividend • Sep 06Upcoming dividend of R10.00 per share at 7.8% yieldEligible shareholders must have bought the stock before 13 September 2023. Payment date: 18 September 2023. The company is paying out more than 100% of its profits and is paying out 75% of its cash flow. Trailing yield: 7.8%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (5.9%).
お知らせ • Aug 23Sasol Limited Declares Final Gross Cash Dividend for the Year Ended 30 June 2023, Payable on 18 September 2023The Sasol Limited board of directors declared a final gross cash dividend of South African 1,000 cents per share (2022 – 1,470 cents per ordinary share) for the year ended 30 June 2023. The salient dates for holders of ordinary shares and Sasol BEE ordinary shares for the year ended 30 June 2023 are: Trading ex dividend commences on 13 September 2023. Record date is 15 September 2023. Dividend payment date (electronic and certificated register) is 18 September 2023. The salient dates for holders of American Depository Receipts for the year ended 30 June 2023 are: Ex dividend on New York Stock Exchange (NYSE) is 14 September 2023. Record date is 15 September 2023. Approximate dividend payment date is 29 September 2023.
Reported Earnings • Aug 23Full year 2023 earnings released: EPS: R14.00 (vs R62.34 in FY 2022)Full year 2023 results: EPS: R14.00 (down from R62.34 in FY 2022). Revenue: R289.7b (up 6.2% from FY 2022). Net income: R8.80b (down 77% from FY 2022). Profit margin: 3.0% (down from 14% in FY 2022). Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
New Risk • Aug 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (105% cash payout ratio). Share price has been volatile over the past 3 months (6.9% average weekly change).
お知らせ • Aug 14Sasol Limited Provides Earnings Guidance for the Year Ended 30 June 2023Sasol Limited provided earnings guidance for the year ended 30 June 2023. Basic earnings per share (EPS) are expected to be between ZAR 10.26 and ZAR 16.49 compared to the prior year EPS of ZAR 62.34 (representing a decrease of between 74% to 84%); Headline earnings per share (HEPS) are expected to be between ZAR 49.47 and ZAR 56.13 compared to the prior year HEPS of ZAR 47.58 (representing an improvement of between 4% to 18%); and Core HEPS (CHEPS) are expected to be between ZAR 41.54 and ZAR 51.14 compared to the prior year CHEPS of ZAR 68.54 (representing a decrease of between 25% to 39%).
Recent Insider Transactions • Mar 12President recently sold €200k worth of stockOn the 6th of March, Fleetwood Grobler sold around 14k shares on-market at roughly €13.88 per share. This transaction amounted to 33% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Fleetwood's only on-market trade for the last 12 months.
Upcoming Dividend • Mar 01Upcoming dividend of R7.00 per share at 5.2% yieldEligible shareholders must have bought the stock before 08 March 2023. Payment date: 13 March 2023. Payout ratio is a comfortable 35% but the company is paying out more than the cash it is generating. Trailing yield: 5.2%. Within top quartile of German dividend payers (4.7%). In line with average of industry peers (5.3%).
Buying Opportunity • Feb 22Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 13%. The fair value is estimated to be €18.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 6.9% in 2 years. Earnings is forecast to grow by 10% in the next 2 years.
Reported Earnings • Feb 22First half 2023 earnings released: EPS: R23.23 (vs R23.98 in 1H 2022)First half 2023 results: EPS: R23.23 (down from R23.98 in 1H 2022). Revenue: R151.8b (up 27% from 1H 2022). Net income: R14.6b (down 2.7% from 1H 2022). Profit margin: 9.6% (down from 13% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 1.3% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 07Sasol Limited Provides Earnings Guidance for the 2023 Financial Half YearSasol Limited provided earnings guidance for the 2023 Financial Half Year. For the period Earnings per share (EPS) are expected to be between ZAR 21.55 and ZAR 23.98 compared to the prior half year EPS of ZAR 23.98 representing a decrease of between 0% and 10%; Headline earnings per share (HEPS) are expected to be between ZAR 29.84 and ZAR 31.36 compared to the prior half year HEPS of ZAR 15.21 representing an improvement of more than 95%; and Core HEPS (CHEPS) are expected to be between ZAR 22.97 and ZAR 25.23 compared to the prior half year CHEPS of ZAR 22.52 representing an increase of between 2% and 12%.
Buying Opportunity • Jan 24Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 7.1%. The fair value is estimated to be €19.73, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.4% over the last 3 years. Earnings per share has grown by 53%. For the next 3 years, revenue is forecast to grow by 1.3% per annum. Earnings is also forecast to grow by 2.7% per annum over the same time period.
お知らせ • Dec 06Sasol Limited Appoints Andreas Schierenbeck as Independent Non-Executive Director with Effect from 1 January 2023Sasol Limited announced that Mr. Andreas Schierenbeck has been appointed as independent non-executive director with effect from 1 January 2023. Andreas is the founder and a director of H 2 E, a green hydrogen company dedicated to producing green hydrogen for the German market. He was the Chief Executive Officer of international energy company Uniper between 2019 and 2021, where he shaped and started executing the company's decarbonizing strategy with the aim of decarbonising by 2035. Prior to joining Uniper, Andreas was Chief Executive Officer of ThyssenKrupp Elevator.
お知らせ • Dec 01Sasol Limited Provides Earnings Guidance for the Six Months Ending December 31, 2022Sasol Limited provided earnings guidance for the six months ending December 31, 2022. For the six months ending 31 December 2022, earnings per share (EPS) and headline earnings per share (HEPS) are expected to increase by more than 20%, compared to EPS of ZAR 23.98 and HEPS of ZAR 15.21 reported for the six months ended 31 December 2021.
お知らせ • Oct 18+ 2 more updatesSasol Limited, Annual General Meeting, Oct 29, 2022Sasol Limited, Annual General Meeting, Oct 29, 2022.
Upcoming Dividend • Aug 31Upcoming dividend of R14.70 per shareEligible shareholders must have bought the stock before 07 September 2022. Payment date: 12 September 2022. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 4.2%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.9%).
Reported Earnings • Aug 24Full year 2022 earnings releasedFull year 2022 results: Revenue: R275.7b (up 37% from FY 2021). Net income: R39.0b (up 331% from FY 2021). Profit margin: 14% (up from 4.5% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 13% compared to a 2.3% growth forecast for the Chemicals industry in Germany.
お知らせ • Aug 24Sasol Limited Declares Final Gross Cash Dividend for the Year Ended June 30, 2022, Payable on September 12, 2022Sasol Limited announced a final gross cash dividend of South African 1,470 cents per share (June 30, 2021 – nil cents per ordinary share) has been declared for the year ended June 30, 2022. The cash dividend is payable on the ordinary shares and the Sasol BEE ordinary shares. The net dividend amount payable to shareholders who are not exempt from dividend withholding tax, is 1,176 cents per share while the dividend amount payable to shareholders who are exempt from dividend withholding tax is 1,470 cents per share. Trading ex dividend commences on September 7, 2022. Record date is September 9, 2022. Payment date is September 12, 2022.
お知らせ • Aug 06Sasol Limited Provides Earnings Guidance for the Financial Year 2022Sasol Limited provided earnings guidance for the financial year 2022. For the year, the company expects earnings per share to be between ZAR 60.59 to ZAR 63.51 compared to the prior year earnings per share of ZAR 14.57 (representing an increase of more than 100%). Headline earnings per share (HEPS) are expected to be between ZAR 42.84 to ZAR 50.74 compared to the prior year headline earnings per share of ZAR 39.53 (representing an increase by between 8% and 28%). Core HEPS (CHEPS) are expected to be between ZAR 65.21 to ZAR 70.76 compared to the prior year CHEPS of ZAR 27.74.
お知らせ • May 17\Hagens Berman Sobol Shapiro LLP Announces Proposed Class Action Settlement on Behalf of Purchasers of Sasol Limited American Depository ReceiptsHagens Berman Sobol Shapiro LLP announced that the United States District Court for the Southern District of New York has approved the following announcement of a proposed class action settlement that would benefit purchasers of Sasol Limited American Depository Receipts: Pursuant to an Order of the United States District Court for the Southern District of New York, that a hearing will be held on August 18, 2022, at 9:30 a.m. before the Honorable John P. Cronan, United States District Judge of the Southern District of New York, United States Courthouse, Courtroom 12D, 500 Pearl Street, New York, NY 10007 for the purpose of determining: (1) whether the proposed settlement of the claims in the above-captioned Action (“Settlement”) for consideration including the sum of $24,000,000 (“Settlement Amount”) should be approved by the Court as fair, reasonable, and adequate; (2) whether the proposed plan to distribute the Settlement proceeds is fair, reasonable, and adequate; (3) whether the application of attorneys for Lead Plaintiff for an award of attorneys’ fees of up to (22%) plus interest of the Settlement Amount, reimbursement of expenses of not more than $600,000 and an incentive payment of no more than $20,000 to Lead Plaintiff and no more than $15,000 to the Additional Plaintiff Representative should be approved; and (4) whether this Action should be dismissed with prejudice as set forth in the Stipulation and Agreement of Settlement dated April 1, 2022 (the “Stipulation”). The Court may also hold the hearing telephonically or by videoconference.
お知らせ • May 04Azura Power Holdings Ltd. completed the acquisition of Central Termica De Ressano Garcia from Sasol Limited (JSE:SOL).Azura Power Holdings Ltd. signed a Sale Securities Purchase Agreement to acquire 49% stake in Central Termica De Ressano Garcia from Sasol Limited (JSE:SOL) for approximately $150 million on December 21, 2020.The consideration covers the equity and other shareholder claims that Sasol holds in CTRG. The transaction is subject to a number of conditions precedent, which include regulatory approval and the waiver of pre-emption rights held by Electricidade de Mocambique (EDM), the Mozambican state-owned electricity company. As of May 3, 2022 all conditions precedent are fulfilled.The deal is targeted to be completed before June 2021. Tim Sheddick and Simon Letherman of Shearman & Sterling LLP acted as legal advisor to Sasol Limited. Azura Power Holdings Ltd. completed the acquisition of Central Termica De Ressano Garcia from Sasol Limited (JSE:SOL) on May 3, 2022.
お知らせ • Apr 26Sasol Limited to Report Fiscal Year 2022 Results on Aug 23, 2022Sasol Limited announced that they will report fiscal year 2022 results on Aug 23, 2022
Recent Insider Transactions • Mar 05Insider recently sold €117k worth of stockOn the 3rd of March, H. Brand sold around 5k shares on-market at roughly €23.31 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €221k more than they bought in the last 12 months.
Valuation Update With 7 Day Price Move • Mar 04Investor sentiment improved over the past weekAfter last week's 18% share price gain to €23.01, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 9x in the Chemicals industry in Germany. Total loss to shareholders of 11% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €24.34 per share.
Reported Earnings • Feb 24First half 2022 earnings: EPS in line with analyst expectations despite revenue beatFirst half 2022 results: EPS: R23.98 (up from R23.41 in 1H 2021). Revenue: R119.9b (up 30% from 1H 2021). Net income: R15.0b (up 3.4% from 1H 2021). Profit margin: 13% (down from 16% in 1H 2021). Revenue exceeded analyst estimates by 5.8%. Over the next year, revenue is forecast to grow 4.2%, compared to a 6.6% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
お知らせ • Feb 21Sasol Limited Announces Management ChangesSasol Limited announced the appointment of Mr. Riaan Rademan as Executive Vice President for Mining and as a member of the Group Executive Committee, effective 9 March 2022. Riaan's mandate is to lead mining through its current challenges and position the business over the coming months for enhanced and sustainable productivity, prioritising safety in its operations. Riaan re-joins Sasol from Foskor (Pty) Ltd. where he has been the President and Chief Executive Officer since 1 July 2019 and led a successful business turnaround programme. In addition, its EVP Energy Operations, Mr. Bernard Klingenberg nears retirement later this year and a suitable internal successor was identified. Mr. Simon Baloyi will be appointed as the EVP Energy Operations, effective 1 April 2022. He holds masters degrees in chemical engineering and engineering management, and has more than 20 years' experience across the Sasol South African value chains.
お知らせ • Feb 08+ 1 more updateSasol Limited Provides Earnings Guidance for the Year 2022Sasol Limited announced earnings guidance for the year 2022. For the year, the company Earnings per share (EPS) are expected to be between SAR 22,81 and SAR 25,15 compared to the prior half year earnings per share of SAR 23,41 (representing a change of between (3%) and 7%); Headline earnings per share (HEPS) are expected to be between SAR 14,25 and SAR 16,17 compared to the prior half year headline earnings per share of SAR 19,16 (representing a decrease by between 16% and 26%); and Core HEPS (CHEPS) are expected to be between SAR 22,13 and SAR 22,91 compared to the prior half year CHEPS of SAR 7,86.
Valuation Update With 7 Day Price Move • Jan 31Investor sentiment improved over the past weekAfter last week's 16% share price gain to €19.30, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 11x in the Chemicals industry in Germany. Total loss to shareholders of 26% over the past three years.
Valuation Update With 7 Day Price Move • Dec 04Investor sentiment improved over the past weekAfter last week's 15% share price gain to €15.25, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 10x in the Chemicals industry in Germany. Total loss to shareholders of 42% over the past three years.
お知らせ • Dec 03Draslovka (South Africa) Proprietary Limited cancelled the acquisition of Sodium Cyanide Business of Sasol Limited from Sasol Limited (JSE:SOL).Draslovka (South Africa) Proprietary Limited agreed to acquire Sodium Cyanide Business from Sasol Limited (JSE:SOL) for ZAR 1.5 billion on July 12, 2021. Upon completion Draslovka will take over full operational control of the cyanide business. The deal is subject to the fulfilment of various conditions including Competition Commission, South African Reserve Bank, license and permit regulatory approvals. The deal is expected to close in the first half of calendar year 2022. As of November 29, 2021, the competition commission prohibited the proposed transaction. Petr Zákoucký, Brandon Irsigler, Jacklin-Levin, Alishka Singh, Robert Parring, Jirí Tomola, Ivo Hartmann, Lucie Kubínyiová, Adam Prerovský, Joel Pandaro, Kirith Haria, Hugo McLachlan, Ameer Jassat, Muhammad Patel, Aabeed Abdullatief, Justina Bodláková, Jan Tylš, Michal Pelikán, Barbora Obracajová, Anna Urbanová and Petr Kotáb of Dentons Europe Cs Llp, Organizacni Slozka acted as legal advisor to Draslovka Holding A.S. Charles Douglas, Samantha Saffy, Claire Tucker, and Maryanne Angumuthoo of Bowmans acted as legal advisors to Sasol Limited. Draslovka (South Africa) Proprietary Limited cancelled the acquisition of Sodium Cyanide Business of Sasol Limited from Sasol Limited (JSE:SOL) on December 2, 2021.
Executive Departure • Nov 29Independent Non-Executive Director Zamani Mkhize has left the companyOn the 19th of November, Zamani Mkhize's tenure as Independent Non-Executive Director ended after 10.0 years in the role. As of September 2021, Zamani still personally held only 181.00 shares (€2.7k worth at the time). A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 3.79 years.
Executive Departure • Nov 29Independent Non-Executive Director Zamani Mkhize has left the companyOn the 19th of November, Zamani Mkhize's tenure as Independent Non-Executive Director ended after 10.0 years in the role. As of September 2021, Zamani still personally held only 181.00 shares (€2.7k worth at the time). A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 3.79 years.
Executive Departure • Nov 29Independent Non-Executive Director Zamani Mkhize has left the companyOn the 19th of November, Zamani Mkhize's tenure as Independent Non-Executive Director ended after 10.0 years in the role. As of September 2021, Zamani still personally held only 181.00 shares (€2.7k worth at the time). A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 3.79 years.
Executive Departure • Nov 29Independent Non-Executive Director Zamani Mkhize has left the companyOn the 19th of November, Zamani Mkhize's tenure as Independent Non-Executive Director ended after 10.0 years in the role. As of September 2021, Zamani still personally held only 181.00 shares (€2.7k worth at the time). A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 3.79 years.
Executive Departure • Nov 29Independent Non-Executive Director Peter Robertson has left the companyOn the 19th of November, Peter Robertson's tenure as Independent Non-Executive Director ended after 9.4 years in the role. We don't have any record of a personal shareholding under Peter's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 3.79 years.
Executive Departure • Nov 29Independent Non-Executive Director Peter Robertson has left the companyOn the 19th of November, Peter Robertson's tenure as Independent Non-Executive Director ended after 9.4 years in the role. We don't have any record of a personal shareholding under Peter's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 3.79 years.
Executive Departure • Nov 29Independent Non-Executive Director Peter Robertson has left the companyOn the 19th of November, Peter Robertson's tenure as Independent Non-Executive Director ended after 9.4 years in the role. We don't have any record of a personal shareholding under Peter's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 3.79 years.
Executive Departure • Nov 29Independent Non-Executive Director Peter Robertson has left the companyOn the 19th of November, Peter Robertson's tenure as Independent Non-Executive Director ended after 9.4 years in the role. We don't have any record of a personal shareholding under Peter's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 3.79 years.
Executive Departure • Nov 29Independent Non-Executive Director Zamani Mkhize has left the companyOn the 19th of November, Zamani Mkhize's tenure as Independent Non-Executive Director ended after 10.0 years in the role. As of September 2021, Zamani still personally held only 181.00 shares (€2.7k worth at the time). A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 3.79 years.
Executive Departure • Nov 29Independent Non-Executive Director Peter Robertson has left the companyOn the 19th of November, Peter Robertson's tenure as Independent Non-Executive Director ended after 9.4 years in the role. We don't have any record of a personal shareholding under Peter's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 3.79 years.
Executive Departure • Nov 29Independent Non-Executive Director Zamani Mkhize has left the companyOn the 19th of November, Zamani Mkhize's tenure as Independent Non-Executive Director ended after 10.0 years in the role. As of September 2021, Zamani still personally held only 181.00 shares (€2.7k worth at the time). A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 3.79 years.
Executive Departure • Nov 29Independent Non-Executive Director Zamani Mkhize has left the companyOn the 19th of November, Zamani Mkhize's tenure as Independent Non-Executive Director ended after 10.0 years in the role. As of September 2021, Zamani still personally held only 181.00 shares (€2.7k worth at the time). A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 3.79 years.
Executive Departure • Nov 29Independent Non-Executive Director Peter Robertson has left the companyOn the 19th of November, Peter Robertson's tenure as Independent Non-Executive Director ended after 9.4 years in the role. We don't have any record of a personal shareholding under Peter's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 3.79 years.
Executive Departure • Nov 29Independent Non-Executive Director Peter Robertson has left the companyOn the 19th of November, Peter Robertson's tenure as Independent Non-Executive Director ended after 9.4 years in the role. We don't have any record of a personal shareholding under Peter's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 3.79 years.
Executive Departure • Nov 29Independent Non-Executive Director Peter Robertson has left the companyOn the 19th of November, Peter Robertson's tenure as Independent Non-Executive Director ended after 9.4 years in the role. We don't have any record of a personal shareholding under Peter's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 3.79 years.
Executive Departure • Nov 29Independent Non-Executive Director Peter Robertson has left the companyOn the 19th of November, Peter Robertson's tenure as Independent Non-Executive Director ended after 9.4 years in the role. We don't have any record of a personal shareholding under Peter's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 3.79 years.
Executive Departure • Nov 29Independent Non-Executive Director Peter Robertson has left the companyOn the 19th of November, Peter Robertson's tenure as Independent Non-Executive Director ended after 9.4 years in the role. We don't have any record of a personal shareholding under Peter's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 3.79 years.
