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PPC LIMITED - PPC Investor Presentation with Operational Update

Release Date: 23/09/2016 14:00
Code(s): PPC     PDF:  
Wrap Text
PPC Investor Presentation with Operational Update

PPC Ltd
(Incorporated in the Republic of South Africa)
(Company registration number: 1892/000667/06)
JSE Code: PPC
ISIN: ZAE 000170049
("PPC" or the "Company")


PPC INVESTOR PRESENTATION WITH OPERATIONAL UPDATE

PPC will be participating in the RMB Morgan Stanley Big Five Investor
Conference in Cape Town and has, in preparation for this event, posted an
investor presentation on PPC’s website: www.ppc.co.za

This investor presentation provides an operational update of PPC’s
performance during the first five months of the financial year as well as
project updates.

Progress with the expansion projects in the DRC, Ethiopia and Slurry are
progressing well with hot commissioning underway at the Harare mill in
Zimbabwe.

The South African cement business has recorded volume growth of 6%, however
selling prices declined 5%. Overall margins remain under pressure despite
good cost control.

Cement sales volumes in the international business are up 8%, with volumes
in Rwanda more than doubling relative to the previous period. Volumes and
selling prices remain under pressure in Botswana and Zimbabwe.

Any financial information on which the operational update is based has not
been reviewed or reported on by the Company´s auditors.


Johannesburg
23 September 2016

Sponsor:
Merrill Lynch South Africa (Pty) Limited

PPC:
Azola Lowan
Tel: +27 (0) 11 386 9000
Azola.Lowan@ppc.co.za

Financial Communications Advisor:
Instinctif Partners
Louise Fortuin
Mobile: +27 (0) 71 605 4294
Louise.Fortuin@instinctif.com

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