沙索去年下半年化学品业务承压

Core Viewpoint - Sasol Limited reported a decline in chemical sales for the second half of the 2025 fiscal year, impacted by geopolitical tensions, evolving trade patterns, and weak end-market demand, although the company maintains its full-year performance expectations for its chemical business [1] Group 1: Financial Performance - In the second half of 2025, the global chemical market was generally weak, affecting overall revenue [1] - Sasol's international chemical business faced multiple adverse factors, including lower prices for U.S. ethylene and palm oil, leading to a decline in sales [1] - The company implemented self-help measures resulting in reductions in costs and capital expenditures [1] Group 2: Regional Performance - The Americas chemical business saw a slight year-on-year sales decline to $1.08 billion [1] - The Eurasia region experienced a counter-trend growth, with sales increasing by 9% year-on-year to $1.19 billion [1] - African business revenue decreased by 3% year-on-year to $1.59 billion, primarily due to market weakness leading to lower prices [1] Group 3: Future Outlook - In the fourth quarter of 2025, Sasol's product sales are expected to rebound sequentially, with continued sales growth anticipated in the first half of 2026 [2] - The company maintains its adjusted EBITDA profit expectation for the international chemical business at $450 million to $550 million for the full year [2]