Welcome to our dedicated page for Sasol news (Ticker: SSL), a resource for investors and traders seeking the latest updates and insights on Sasol stock.
Sasol Limited (SSL) is a global leader in integrated energy and chemical solutions, leveraging vertical integration from resource extraction to product commercialization. This page serves as the definitive source for Sasol-related news, offering investors and stakeholders timely updates on operational developments and strategic initiatives.
Access curated press releases, earnings reports, and announcements covering Sasol’s core operations in liquid fuels, performance chemicals, and low-carbon technologies. Our repository ensures you stay informed about regulatory compliance milestones, technological innovations, and market expansions without needing to track multiple sources.
Key updates include:
• Financial performance (quarterly/annual results)
• Strategic partnerships and joint ventures
• Environmental initiatives and emissions management progress
• Operational updates from South African and international facilities
Bookmark this page for streamlined access to verified SSL developments. For comprehensive analysis, combine these updates with Stock Titan’s financial tools and market data resources.
Sasol (SSL) has released its production and sales metrics for the nine months ended March 31, 2025, revealing ongoing margin pressures due to global macro-economic challenges. The company's Southern Africa operations face coal quality issues at Secunda Operations, leading to a strategic reduction in coal production by ~2mt in favor of higher quality purchased coal. The destoning project remains on track for H1 FY26 completion, with costs under R1 billion.
Production disruptions occurred due to a fire incident at Natref and an unplanned outage at Secunda Operations in Q3 FY25. International Chemicals revenue increased in Q3 FY25, despite lower sales volumes due to operational outages in America. The company completed its exit from the US Phenolics business in March 2025 and received renewed atmospheric emissions licenses for key operations.
Financial guidance for FY25 remains largely unchanged, with cash fixed costs expected to stay below inflation and capital expenditure projected at the lower end of R28-R30 billion range. Mining production outlook has been revised to 28-30 mt, with costs between R650-R670 per ton.
Sasol (SSL) has announced it will host a Capital Markets Day (CMD) on Tuesday, May 20, 2025, at Sasol Place in Sandton. The event will feature a live webcast, with registration and dial-in details to be published on the company's website.
The presentation materials will be made available on Sasol's website on the morning of the event. Interested parties can contact VP Investor Relations Tiffany Sydow for additional information.
Sasol (SSL) reported challenging financial results for H2 2024, with revenue declining 10% to R122.1 billion. The company's performance was impacted by a 13% decline in average Rand per barrel Brent crude oil price and a 5% decrease in sales volumes.
Adjusted EBITDA fell 15% to R23.9 billion, while EBIT decreased 40% to R9.5 billion. The company recorded impairments of R5.6 billion for its Secunda and Sasolburg refineries. Basic EPS decreased 52% to R7.22, and HEPS fell 31% to R14.13.
Despite challenges, cash generated from operating activities increased 20% to R17.6 billion. Total debt stood at R116.9 billion (US$6.2 billion), with net debt at R81.8 billion (US$4.3 billion). Due to negative free cash flow of R1.1 billion and net debt exceeding the US$4 billion trigger, no interim dividend was declared.
Sasol (SSL) has issued a trading statement for H1 2024, reporting significant declines in key financial metrics. The company's adjusted EBITDA is expected to decrease between 11% and 22%, falling to R22-25 billion from R28 billion in the prior period.
The company projects Earnings Per Share (EPS) to decline 47-61% to R6.00-8.00 from R15.19, while Headline Earnings Per Share (HEPS) is expected to drop 26-36% to R13.00-15.00 from R20.37.
The earnings decline is attributed to a 13% drop in average Rand per barrel Brent Crude Oil price, lower refining margins, and a 5% decrease in sales volumes. The company also reported notable non-cash adjustments, including a R6.2 billion net loss from remeasurement items and R0.1 billion in unrealised losses on monetary assets translation. These impacts were partially offset by increased chemical basket prices and cost management efforts.
Sasol has released its production and sales metrics for H2 2024, highlighting several operational challenges and developments. The company took a Final Investment Decision for a destoning solution at Secunda Operations, with operations expected to start in H1 FY26. Civil unrest in Mozambique affected the Central Processing Facility, though it has since returned to full capacity.
A fire at the Natref refinery on January 4, 2025, caused infrastructure damage, with repairs expected to complete by February 2025. Secunda Operations faced challenges due to coal quality issues affecting gasifier and equipment availability. While International Chemicals revenue improved compared to H1 FY24, sales volumes were impacted by the East Cracker outage, which resumed operations in November 2024.
The company maintained its Mining and Gas guidance but revised SO and Natref volume outlook downward. ORYX production guidance was increased, while International Chemicals sales volume guidance was adjusted to 4-8% lower than FY24 due to weak demand and operational issues.
Sasol has released its production and sales performance metrics for the three months ended 30 September 2024. The company has made this information available on its official website, www.sasol.com, under the Investor Centre section. Interested parties can access the detailed report at https://www.sasol.com/investor-centre/financial-results.
For additional information or inquiries, stakeholders are encouraged to contact Sasol Investor Relations. The point of contact is Tiffany Sydow, VP Investor Relations, who can be reached at +27 (0) 71 673 1929 or via email at investor.relations@sasol.com.
Sasol has announced its Annual General Meeting (AGM) to be held electronically on Friday, 15 November 2024, at 09:00. Key dates include:
- Record date for notice: 4 October 2024
- Publication date: 17 October 2024
- Last day to trade: 5 November 2024
- Record date for attendance: 8 November 2024
- Proxy submission: 11-14 November 2024
- Results publication: 18 November 2024
The company reaffirmed its commitment to its 2021 climate approach and continues to optimize emission reduction pathways. Sasol remains focused on a sustainable transition and refining its strategic direction, including greenhouse gas (GHG) emission reduction roadmaps.
Sasol (SSL) has announced significant changes to its Board of Directors. Ms Muriel Dube has been appointed as the new Chairman of the Board, effective September 13, 2024. Dube, who joined the Board in 2018, brings extensive experience in sustainability, commercial, finance, and leadership roles. Following Dube's appointment, Dr Martina Flöel has been named the new Lead Independent Director.
The Board has also undergone committee restructuring. Mr David Eyton will now chair the Safety, Social and Ethics Committee and join the Audit Committee and Nomination and Governance Committee. Ms Katherine Harper has been appointed to the Remuneration Committee. These changes aim to leverage the Board's expertise as Sasol progresses towards a sustainable future business.
Sandstorm Gold Royalties (NYSE: SAND, TSX: SSL) has provided updates on drilling and exploration activities across its portfolio of streaming and royalty assets. Key highlights include:
1. Lundin Gold's Bonza Sur gold discovery at Fruta del Norte, with plans for a maiden resource estimate by mid-2025 and a potential new 10,000-15,000 tpd open pit mine.
2. High-grade drill results from Bonterra's Phoenix JV Moss Target, including 38.33 g/t gold over 1.1m.
3. Awalé Resources reported significant gold intercepts at Odienné, including 45.7 g/t gold over 32m at the Charger Zone.
4. Antipa Minerals completed Phase 1 drilling at Minyari Dome, expanding the GEO-01 discovery with near-surface high-grade gold mineralization.
5. Troilus Gold announced a new West Rim Zone discovery near its main deposit, with ongoing drilling to expand resources.
Sasol has filed its annual report on Form 20-F for the financial year ended 30 June 2024 with the US Securities and Exchange Commission (SEC). The report, which includes the annual financial statements, is identical to the version published on 20 August 2024. It is now available on the SEC's website, Sasol's own website, and can be obtained free of charge upon request from Sasol Investor Relations.
The report has also been incorporated into Sasol's Domestic Medium-Term Note programme and is available for inspection. Holders of these notes can access the report through a secure electronic connection if desired.
