Sasol (SSL) said Wednesday it now expects fiscal 2026 fuel sales volume growth of 10% to 15% year-over-year, up from previous guidance of 5% to 10%.

The specialty chemicals company cited stable Secunda Operations output, higher Natref volumes and stronger demand for its revised outlook on fuel sales volume.

Gas production guidance was cut to 5% to 10% below fiscal 2025 levels, compared with a prior outlook of 0% to 5% below 2025 levels, due to flooding in Mozambique and well availability constraints, the company said.

Capital expenditures are now expected to range from 20 billion South African rand ($1.21 billion) to 22 billion rand, down from a prior range of 22 billion rand to 24 billion rand.