AECI reported half-year revenue down 2% to R15.69 bn, while EBITDA rose 24% to R1.58 bn, driven by stronger international operations. EPS from continuing operations increased 70% to 308c, below Bloomberg’s 349c estimate, while HEPS surged 132% to 604c, supported by disposals and portfolio optimisation. An interim dividend of 100 c was declared (versus nil last year).
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