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Revenue up 11% to R16,7 billion |
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Attributable loss reduced by 17% to R528 million, after providing R600 million for costs to complete on the Gorgon Pioneer Material Offloading Facility (GPMOF) project and R231 million on projects in the Middle East. |
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Order book increased to R57,0 billion |
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Portside commercial office tower – R1,0 billion |
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Booysensdal North Mine, UG2 Project – R1,3 billion |
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Beeshoek Mine, Northern Cape – R361 million |
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Clough: Ammonium Nitrate/Nitric Acid Plant – R823 million |
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Clough: Operations and maintenance services to the Bayu-Undan facilities – R767 million |
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Health and Safety |
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Lost Time Injury Frequency Rate (LTIFR) reduced from 1.44 to 1.04 |
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3 fatalities compared to 10 in the previous comparable period |
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Debt Restructuring |
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Successfully restructured South African term debt and bank facilities |
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New debt package of approximately R4,3 billion (previously R3,4 billion) |
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Announcement of Rights Offer |
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Proposed rights offer of approximately R2,0 billion to shareholders |
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