Sharenet Sites 
Sharenet Sites
Pre close operational update for the period October 2013 to July 2014
PPC Ltd
(Incorporated in the Republic of South Africa)
Registration number: 1892/000667/06
JSE ISIN ZAE000170049
JSE share code: PPC
ZSE share code: PPC
("PPC" or the "Company")
Pre close operational update for the period October 2013 to July 2014
PPC’s expansion remains well on track and we are pleased to advise that construction of our new
plant in Rwanda is progressing well with commissioning anticipated early in 2015. Construction work
continues at our sites in Ethiopia and the Democratic Republic of the Congo, and construction of the
Harare mill has commenced. Detailed feasibility studies continue on the Algerian project announced
in February 2014. Further growth opportunities continue to be investigated.
In July 2014, PPC acquired the remaining 50% stake in Pronto Holdings, bringing to R460 million the
total consideration paid for 100% of the business. The Safika Cement business, acquired in
December 2013, is performing in line with our expectations. Both these business units have
supported our ‘Keeping the Home Fires Burning’ strategy in South Africa through their positive
contributions to the group’s earnings.
Slow economic growth and a lack of infrastructural investment coupled with increased competitor
activity and rising imports have made the trading environment in South Africa particularly tough.
Countering the low single digit volume declines recorded in all areas around the country, selling prices
have increased marginally against the same period last year.
The Zimbabwe market recorded modest volume growth whilst the Botswana market volumes and
prices declined. Group export volumes into the rest of Africa have shown good growth, particularly out
of the Western Cape into the DRC, where we are starting to establish a market whilst we build our
plant.
Performance in the lime division has been impacted by lower off-take from the steel and alloys
industries and reduced export demand, resulting in single digit volume declines. The aggregates
divisions, both in South Africa and Botswana, have achieved pleasing volume growth.
BL Sibiya
Chairman of the board
15 September 2014
Sponsor:
Merrill Lynch South Africa (Pty) Ltd
Date: 15/09/2014 07:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
