Financial Data and Key Metrics Changes - The company's EBITDA increased by 38% year-on-year to R48.4 billion, with free cash flow improving by 75% [18] - Net debt-to-EBITDA at the end of the reporting period was 1.5 times, significantly below the covenant of 3 times, and gearing decreased from 117% in FY 2020 to around 61% [20] - Normalized cash fixed costs were 4.2% lower in real terms, reflecting continued discipline in cost management [21] Business Line Data and Key Metrics Changes - Secunda operation volumes were up 3%, while Mozambique production increased by 2% [9] - The chemicals business achieved strong cash flows, with normalized sales volumes in the U.S. being 2% higher despite adverse weather events [10] - The LCCP project is now 100% complete and ramping up, contributing significantly to profitability [27] Market Data and Key Metrics Changes - The energy business benefited from high export sales volumes and a strong recovery in liquid fuels demand following the easing of lockdown restrictions in South Africa [25] - Higher sales volumes in Africa and Eurasia, along with increased average prices across most markets, resulted in strong cash flow contributions from the chemicals business [26] Company Strategy and Development Direction - The company is focused on its Sasol 2.0 transformation program, aiming for sustainable improvements and competitive profitability even in low oil price environments [23] - A commitment to sustainability and decarbonization is evident, with plans to share improved climate change targets at the upcoming Capital Markets Day [6][15] - The company is pursuing a focused portfolio through successful asset divestments, totaling US$3.8 billion since March 2020 [12] Management's Comments on Operating Environment and Future Outlook - Management highlighted the importance of maintaining a deleveraged balance sheet and the need for continued focus on cost management amid economic uncertainties [24] - Future guidance indicates a cautious approach to capital expenditure, with a focus on maintaining net debt levels below US$5 billion by the end of FY 2022 [27] - Management expressed confidence in the company's ability to restore investment-grade credit metrics and competitive returns for shareholders [28] Other Important Information - The company has suspended dividends until debt levels are reduced, indicating a prudent approach to capital allocation [24] - The upcoming Capital Markets Day will provide further clarity on the company's long-term strategy and capital allocation framework [4][15] Q&A Session Summary Question: What caused the mining costs to exceed guidance? - The increase in mining costs was attributed to the implementation of the Fulco system and some deterioration in coal quality, which affected productivity [30][31][33] Question: How does the impairment of the fuels facility reconcile with long-term oil price assumptions? - The impairment was influenced by a combination of higher initial oil price assumptions and a significant strengthening of the rand against the dollar, impacting net present value calculations [38][40][42] Question: What is the impact of the Canadian asset disposal on OpEx and CapEx? - The Canadian asset divestment resulted in a sales price of just over $50 million, and the company has modeled no future capital or operational expenditure related to these assets in its forecasts [57][59] Question: What are the expectations around chemical commodity prices? - Chemical commodity prices are expected to moderate as supply normalizes, with current prices reflecting a spike due to supply constraints from weather events [85][89] Question: Can the company provide more details on its sustainability targets? - The company is focusing on optimizing Fischer Tropsch technology for sustainable fuels and has included ESG-related CapEx in its guidance, with significant increases in greenhouse gas reduction ambitions expected by 2030 [107][109][111]

sasol Jo PLANET PEOPLE PROFIT | --- | --- | --- | |---------------------------------|-------|-------------------------------| | FINANCIAL RESULTS | | | | for the year ended 30 June 2021 | | Innovating for a better world | Copyright ©, 2021, Sasol Forward-looking statements Sasol may, in this document, make certain statements that are not historical facts and relate to analyses and other information which are based on forecasts of future results and estimates of amounts not yet determinable. These statements ...

Sasol Limited (NYSE:SSL) Q2 2021 Earnings Conference Call February 22, 2021 8:00 AM ET Company Participants Fleetwood Grobler – President and Chief Executive Officer Paul Victor – Chief Financial Officer Brad Griffith – Executive Vice President-Chemicals Priscillah Mabelane – Executive Vice President-Energy Business Conference Call Participants Fleetwood Grobler Good day and a very warm welcome to our FY21 Interim Results Call. Thank you for joining us. I hope you and your loved ones are keeping safe being ...

Sasol Limited. (NYSE:SSL) Q4 2020 Results Earnings Conference Call August 17, 2020 9:00 AM ET Company Participants Fleetwood Grobler - President and CEO Paul Victor - CFO Brad Griffith - EVP, Chemicals Vuyo Kahla - EVP, Advisory and Assurance and Company Secretary Conference Call Participants Fleetwood Grobler A very warm welcome to all joining this call today. The full set of results was published earlier this morning on our website; and for the purposes of this conference call, we will highlight the key s ...

ANNUAL RESULTS for the year ended 30 June 2020 POSITIONING FOR A SUSTAINABLE FUTURE Copyright ©, 2020, Sasol | --- | --- | --- | --- | --- | --- | |-------|-------|-------|-------|-------|-----------------------------------------------------------------------------------| | | | | | | | | | | | | | FY20 ANNUAL RESULTS | | | | | | | ◉ Business results overview Fleetwood Grobler ◉ Financial results Paul Victor | | | | | | | ◉ Future Sasol Fleetwood Grobler | Copyright ©, 2020, Sasol 2 Forward-looking statement ...

Sasol Limited (NYSE:SSL) Q2 2020 Results Conference Call February 24, 2020 8:00 AM ET Company Participants Fleetwood Grobler - President and CEO Paul Victor - CFO Brad Griffith - EVP, Chemicals Vuyo Kahla - EVP, Advisory and Assurance and Company Secretary Conference Call Participants Chris Nicholson - RMB Morgan Stanley Gerhard Engelbrecht - Chronux Research Sriharsha Pappu - HSBC Alex Comer - JP Morgan Wade Napier - Avior Capital Markets Tom Wrigglesworth - Citi Henri Patricot - UBS Herbert Kharivhe - Inv ...

SASOL LIMITED INTERIM FINANCIAL RESULTS for the six months ended 31 December 2019 Copyright ©, 2020, Sasol Forward-looking statements and definitions Sasol may, in this document, make certain statements that are not historical facts and relate to analyses and other information which are based on forecasts of future results and estimates of amounts not yet determinable. These statements may also relate to our future prospects, expectations, developments and business strategies. Examples of such forward-looki ...

Sasol Limited (NYSE:SSL) Q4 2019 Earnings Conference Call October 28, 2019 9:00 AM ET Company Participants Fleetwood Grobler - Chief Executive Officer Paul Victor - Chief Financial Officer Bernard Klingenberg - EVP of Global Operations Brad Griffith - EVP Jon Harris - EVP of Upstream Conference Call Participants Chris Nicholson - Morgan Stanley Gerhard Engelbrecht - Macquarie Henri Patricot - UBS Alex Comer - JP Morgan Sean Ungerer - Arqaam Capital Wade Napier - Avior Capital Markets Adrian Hammond - Standa ...

Sasol Limited (NYSE:SSL) Q2 2019 Results Earnings Conference Call February 25, 2019 8:00 AM ET Company Participants Stephen Cornell - President and Chief Executive Officer Bongani Nqwababa - President and Chief Executive Officer Paul Victor - Chief Financial Officer Conference Call Participants Chris Nicholson - Morgan Stanley Gerhard Engelbrecht - Macquarie Alex Comer - JPMorgan Henri Patricot - UBS Johan Steyn - Citi Adrian Hammond - Standard Bank Wade Napier - Avior Capital Markets Alexandre Ayoub - Waha ...

SASOL LIMITED FINANCIAL RESULTS for the six months ended 31 December 2018 February 2019 Introduction Forward-looking statements Sasol may, in this document, make certain statements that are not historical facts and relate to analyses and other information which are based on forecasts of future results and estimates of amounts not yet determinable. These statements may also relate to our future prospects, developments and business strategies. Examples of such forward-looking statements include, but are not l ...