Sasol Lifts Fiscal 2026 Fuel Sales Volume Outlook, Cuts Gas Production Guidance
MT Newswires Live
Apr 23
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.
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