AECI

HY24 results | Revenue -4% to R17.6bn | EBITDA -24% to R1.4m | HEPS -57% to 260c due to shutdowns, lower ammonia prices & volumes & higher tax expenses | No interim dividend (30 June 2023: 100) | Operating margin 5% (2023: 7%) | Outlook: A positive FY24 expected due to better H2 at AECI Mining & Chemicals on the back of mrkt share gains, new contracts, & ongoing strategic initiatives
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