Diluted HEPS 52.3cps (-80.0% y-y) compared to 261.0cps LY.
Revenue increased by 44.3% y-y to R4 103m, driven by the acquisition of Lafarge.
GPM decreased from 34.2% to 19.0%.
OPM fell from 18.8% to 13.5%.
Profitability was impacted by the lower-margin Lafarge business but was aided by a R263m gain on bargain purchase.
Operating expenses increased by 21.1% y-y, expense-to-sales fell from 16.0% to 13.4%.
Dividend of 10cps.
Cash from operating activities declined from R577m to -R272m.
Gross debt rose by 187%% y-y to R1 492m.
Iron ore local sales volumes decreased from 493 184 tonnes to 339 648 tonnes (-31.1% y-y) while international sales volumes decreased from 383 924 tonnes to 349 084 tonnes (-9.1% y-y).
