Edition:
United Kingdom

PPC Ltd (PPCJ.J)

PPCJ.J on Johannesburg Stock Exchange

390.00ZAc
18 Sep 2019
Change (% chg)

-4.00 (-1.02%)
Prev Close
394.00
Open
420.00
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420.00
Day's Low
383.00
Volume
913,974
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1,808,886
52-wk High
702.00
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361.00

Latest Key Developments (Source: Significant Developments)

PPC Says EBITDA Rose 5-10% For Four Months Ended July 30
Thursday, 29 Aug 2019 

Aug 29 (Reuters) - PPC Ltd ::OPERATIONAL UPDATE FOR THE FOUR MONTHS ENDED 30 JULY 2019.GROUP EBITDA INCREASED BY BETWEEN 5 - 10% FOR FOUR MONTHS ENDED 30 JULY 2019.INCURRED ONCE-OFF RESTRUCTURING COSTS FOR OPERATIONAL, HEAD OFFICE OPTIMISATION, WHICH DETRACTED FROM EBITDA FOR 4 MONTHS ENDED 30 JULY.  Full Article

PPC Says FY Headline Earnings Per Share Increased 33%
Thursday, 27 Jun 2019 

June 27 (Reuters) - PPC Ltd ::FY HEADLINE EARNINGS PER SHARE INCREASED 33% TO 20 CENTS.FY BASIC EARNINGS PER SHARE UP 60% AT 16 CENTS.FY GROUP REVENUE INCREASED 1% TO R10,4 BILLION.BOARD HAS DECIDED NOT TO DECLARE A DIVIDEND TO SHAREHOLDERS.WILL CONTINUE TO FOCUS ON ACHIEVING ITS R70/TONNE PROFITABILITY INITIATIVES IN SOUTH AFRICA.  Full Article

PPC Says FY HEPS Is Expected To Increase By Between 33% And 53%
Friday, 21 Jun 2019 

June 21 (Reuters) - PPC Ltd ::TRADING STATEMENT.FY GROUP EBITDA FROM OPERATIONS IS EXPECTED TO INCREASE BY BETWEEN 0% - 7%.FY HEADLINE EARNINGS PER SHARE IS EXPECTED TO INCREASE BY BETWEEN 33% AND 53% (BETWEEN 20 CENTS AND 23 CENTS).FY GROSS DEBT LEVELS HAVE REDUCED COMPARED TO LEVELS REPORTED AT GROUP'S INTERIM RESULTS RELEASED IN NOVEMBER 2018.FY BASIC EARNINGS PER SHARE IS EXPECTED TO INCREASE BY BETWEEN 70% AND 90% (BETWEEN 17 CENTS AND 19 CENTS).  Full Article

PPC Sees PPC Zimbabwe's EBITDA In Rands For March 2018 Results Within 5%-15% Of Previously Reported EBITDA For March 2018
Wednesday, 27 Mar 2019 

March 27 (Reuters) - PPC Ltd ::FOR MARCH 2018 RESULTS, PPC ZIMBABWE'S EBITDA IN RANDS IS EXPECTED TO BE WITHIN 5% TO 15% OF PREVIOUSLY REPORTED EBITDA FOR MARCH 2018 OF R573M.PPC WILL, FOR 2019 GROUP FINANCIAL RESULTS REPORTING, PROVIDE EXTENSIVE FINANCIAL STATEMENT DISCLOSURES WITH REGARD TO ZIMBABWEAN BUSINESS.PPC WILL CONSOLIDATE PPC ZIMBABWE ACCORDING TO IFRS WITH EFFECTIVE DATE OF CHANGE IN FUNCTIONAL CURRENCY BEING 1 OCTOBER 2018.REPORTED RESULTS OF PPC ZIMBABWE BEING CONSOLIDATED IN PPC GROUP AS AT 30 SEPTEMBER 2018 REMAINS UNCHANGED. THERE WILL BE NO RESTATEMENT.  Full Article

PPC Says In South Africa, Intends To Maintain Price Increases Implemented
Tuesday, 5 Feb 2019 

Feb 5 (Reuters) - PPC Ltd ::IN SOUTH AFRICA, PPC INTENDS TO MAINTAIN PRICE INCREASES IMPLEMENTED.PPC ZIMBABWE REMAINS FOCUSED ON CASH PRESERVATION.IN DRC, BUSINESS CONTINUES TO ENTRENCH ROUTE TO MARKET STRATEGIES TO INCREASE VOLUMES AND PRICES.  Full Article

PPC Ltd Says Finalised Terms To Give Effect To PPC Phakama Transaction
Thursday, 15 Mar 2018 

March 15 (Reuters) - Ppc Ltd ::JSE: PPC - DETAILED TERMS OF PPC’S TOP-UP BLACK ECONOMIC EMPOWERMENT TRANSACTION AND WITHDRAWAL OF CAUTIONARY.PPC LTD - ‍COMPANY HAS FINALISED TERMS WHICH WILL GIVE EFFECT TO PPC PHAKAMA TRANSACTION.​.PPC LTD - ‍PPC PHAKAMA TRANSACTION WILL BE IMPLEMENTED AS A "TOP-UP" TRANSACTION AT LEVEL OF PPC'S UNIT , PPC SOUTH AFRICA HOLDINGS PROPRIETARY LIMITED​.PPC LTD - ‍ PPC PHAKAMA TRANSACTION WILL RESULT IN PPC ACHIEVING AN EFFECTIVE 30.0% BEE EQUITY SHAREHOLDING IN RESPECT OF ITS SOUTH AFRICAN OPERATIONS.​.PPC LTD - ‍PPC WILL NO LONGER TAKE INTO ACCOUNT A PORTION OF BEE 1 TRANSACTION'S RESIDUAL SHAREHOLDING​.PPC LTD - ‍PPC PHAKAMA TRANSACTION WILL RESULT IN PPC'S EQUITY SHAREHOLDING IN PPC SA BEING REDUCED FROM 100% TO 74.6%.​.  Full Article

PPC Ltd Says Resignation Of Peter Nelson As Chairman
Friday, 2 Mar 2018 

March 2 (Reuters) - Ppc Ltd ::ANNOUNCE RESIGNATION OF PETER NELSON AS THE CHAIRMAN OF THE BOARD AND AS NON-EXECUTIVE DIRECTOR OF PPC, WITH EFFECT FROM 2 MARCH 2018‍​.ANNOUNCE APPOINTMENT OF JABU MOLEKETI AS THE NEW CHAIRMAN OF THE BOARD AND CHAIRMAN OF THE NOMINATIONS COMMITTEE.  Full Article

Ppc Ltd Says Is "‍In Discussions With Shareholders With Regard To Aligning Composition Of Board With Its Priorities"​
Friday, 23 Feb 2018 

Feb 23 (Reuters) - Ppc Ltd ::"‍IN DISCUSSIONS WITH ITS LARGEST SHAREHOLDERS WITH REGARD TO ALIGNING COMPOSITION OF BOARD WITH ITS STRATEGIC PRIORITIES"​.‍COMPANY HAS RECEIVED NOMINATIONS FOR JABU MOLEKETI AS SUCCESSOR TO CHAIRMAN​.‍ALL NOMINATIONS WILL BE EVALUATED AND APPOINTMENTS ANNOUNCED IN DUE COURSE​.  Full Article

PPC Names ‍Johan Claassen As CEO With Immediate Effect​
Wednesday, 14 Feb 2018 

Feb 14 (Reuters) - PPC Ltd ::APPOINTMENTS OF CHIEF EXECUTIVE OFFICER AND MANAGING DIRECTORS OF PPC SOUTHERN AFRICA CEMENT AND PPC REST OF AFRICA.‍JOHAN CLAASSEN AS CEO AND EXECUTIVE DIRECTOR OF PPC LTD WITH IMMEDIATE EFFECT​.‍FOLLOWING APPOINTMENT OF CLAASSEN AS CEO, APPOINTMENT OF NJOMBO LEKULA, PREVIOUSLY MD OF REST OF AFRICA CEMENT, TO MD OF SA CEMENT HAS CONFIRMED​.  Full Article

PPC Says 9-Months Ended Dec 2017 Group Revenue Shown Improvement Over Prior Period
Friday, 2 Feb 2018 

Feb 2 (Reuters) - Ppc Ltd ::‍NINE MONTHS ENDED DEC 2017 GROUP REVENUE HAS SHOWN IMPROVEMENT OVER PREVIOUS COMPARATIVE PERIOD ENDED DECEMBER 31, 2016​.‍NINE MONTHS ENDED DEC 2017 GROUP EBITDA HAS ALSO TRACKED AHEAD OF PREVIOUS YEAR​.‍GROUP'S GROSS AND NET DEBT POSITIONS IN DECEMBER 2017 IMPROVED FURTHER WHEN COMPARED WITH SEPTEMBER 2017.​.‍GROUP CAPEX HAD ALSO SIGNIFICANTLY REDUCED WHEN COMPARED WITH SAME PERIOD LAST YEAR, AND STILL WITHIN GUIDANCE GIVEN AT GROUP'S INTERIM RESULTS​.  Full Article

South Africa's PPC bows to environmental regulations

JOHANNESBURG South African cement company PPC said on Friday it expects to pay as much as 120 million rand ($8.5 million) per year due to the new carbon tax and will shut down a kiln at its Port Elizabeth plant to adhere to new emission standards.