Logotype for Sasol Limited

Sasol (SOL) investor relations material

Sasol H2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Sasol Limited
H2 2025 earnings summary25 Aug, 2025

Executive summary

  • Achieved most FY25 financial targets despite lower production, oil prices, and refining margins, with strong cost and capital discipline driving a 75% increase in free cash flow and significant deleveraging.

  • Adjusted EBITDA declined 14% to R52bn, impacted by lower production volumes and higher external purchases.

  • Net debt reduced to $3.7bn, ahead of target, with a focus on further deleveraging to reach $3bn by FY27-28 and enable future dividend reinstatement.

  • Maintained cost discipline with cash fixed cost increases below inflation and capital expenditure reduced by up to 16%.

  • Strategic focus on safety, operational reliability, restoring the Southern Africa value chain, and advancing renewables and emission reduction initiatives.

Financial highlights

  • Adjusted EBITDA down 14% to R52bn; gross margin declined 12% to R112.1bn due to lower turnover and sales volumes.

  • Free cash flow increased 75% to ZAR12.6bn, or 30% up excluding the Transnet settlement.

  • Net debt at $3.7bn, 8% below target and lowest since 2016.

  • Headline earnings per share rose 93% to R35.13; dividend per share suspended.

  • Capital expenditure of GBP25bn, 13% below target.

Outlook and guidance

  • FY26 priorities: deliver volume targets, maintain cost/capital discipline, continue deleveraging, and proactively manage risks.

  • FY26 breakeven target set at $55–60 per barrel for Southern Africa oil.

  • International Chemicals FY26 adjusted EBITDA expected at $450–550m, margin 10–13%.

  • CapEx guidance for FY26 at R24-26bn, similar to FY25, with shutdown deferred to FY27.

  • Targeting 2GW renewable energy by 2030, with over 900MW secured and additional 1GW targeted by FY28.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next Sasol earnings date

Logotype for Sasol Limited
Q1 202622 Oct, 2025
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Sasol earnings date

Logotype for Sasol Limited
Q1 202622 Oct, 2025

The essential earnings season companion

The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Sasol Limited is an integrated energy and chemical company based in South Africa. Established in 1950, Sasol specializes in using feedstocks like coal and natural oil and gas to produce liquid fuels, fuel components, and a variety of chemicals. These products range from synthetic fuels to chemicals used in the production of everyday items such as detergents, fertilizers, and plastics. The company operates globally, with significant activities in mining and the development of technologies for the Fischer–Tropsch process, a method used to convert natural gas into liquid fuels. Sasol's operations are divided into three main segments: Chemicals, Energy, and Sasol ecoFT. The company is headquartered in Sandton, South Africa, and its shares are listed on the Johannesburg Stock Exchange and the NYSE.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage