PPC

PPC revenue -2.1% for the 4 months ended July | SA & Botswana reveenue -1%, & Zimbabwe (30% of group rev.) -4.5% | Cement volumes -5.3% overall (SA & Botswana -4.6% | Zim -10.9%, hit by imports) | Ave. cement prices ↑ (SA: +5.5% | Zim: +4%) | Group EBITDA margin ↓ to 13.7% (vs 15.9% in 2023), on ↑ fixed costs | Outlook subdued | Results: 18 Nov.
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