Did Sasol sell its potential for growth?

28 February 2021 - 05:05 By NICK WILSON

Sasol, which flirted with disaster in March last year when its share price went into free-fall amid a global oil price collapse and concerns about spiralling debt, is back in calmer waters.

Not only is a rights issue, which would bring with it dilution for existing shareholders, finally off the table, but the group reported this week that in the six months to end-December its earnings before interest, tax, depreciation and amortisation (ebitda) declined 6%, a relatively strong performance given the headwinds the group has faced...

This article is reserved for Sunday Times subscribers.

A subscription gives you full digital access to all Sunday Times content.

Already subscribed? Simply sign in below.

Registered on the BusinessLIVE, Business Day or Financial Mail websites? Sign in with the same details.



Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.