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Hosken Consolidated Investments (HCI) investor relations material
Hosken Consolidated Investments H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Income increased by 3% to R24,172 million, with EBITDA up 4% to R5,429 million and profit before tax at R4,540 million for the year ended 31 March 2026.
Headline earnings rose 47% to R1,776 million, with headline earnings per share at 2,248 cents.
Net borrowings shifted to a net cash position of R86 million from net debt of R266 million year-over-year.
Financial highlights
Revenue grew to R24,172 million (up 3% year-over-year), EBITDA reached R5,429 million (up 4%), and headline earnings per share increased by 50% to 2,248 cents.
Profit before tax was R4,540 million, and headline earnings were R1,776 million, up 47% from the prior year.
Finance costs reduced by 15% due to lower borrowings and interest rates.
Cash flows from operations remained strong, with significant repayments of net funding and share repurchases.
Outlook and guidance
The group remains in compliance with all debt covenants and expects sufficient liquidity for the foreseeable future.
The final investment decision for the Venus discovery in Block 2913B (oil & gas) is anticipated in the second half of 2026.
- Headline earnings down 29% on R2.8bn gaming impairments, despite revenue and EBITDA growth.HCI
H2 20249 Jun 2026 - Headline earnings up 3% to R1.2bn despite lower revenue and major gaming impairments.HCI
H1 20259 Jun 2026 - Headline earnings up 3% to R1.21bn, with strong hotel growth and major oil & gas acquisitions.HCI
H2 20259 Jun 2026
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