Nampak (NPK) Q2 2024 TU earnings summary

Executive summary

• Interim results for the period ended 31 March 2024 are being finalized, with several assets classified as held for sale and discontinued operations as part of an ongoing asset disposal program initiated in August 2023.

Financial highlights

• Headline earnings per share (HEPS) expected between 4,700.0 and 5,500.0 cents, a significant improvement from a headline loss per share (HLPS) of 11,027.3 cents in the same period last year.

• Earnings per share (EPS) projected between 4,600.0 and 5,400.0 cents, compared to a loss per share (LPS) of 31,043.7 cents in the prior year period.

Significant events and developments

• Asset disposal program, started in August 2023, has progressed with various assets now classified as held for sale and discontinued operations.