Salient features


  • Revenue R12.3 billion, up 14%
  • Net operating profit R3.1 billion, up 7%
  • Interim dividend of 530 cents per share, up 230 cents per share
  • HEPS* of 1 222 cents up 39%
  • AEPS** of 1 268 cents, up 49%
  • Cash generated by operations at R3.9 billion


  • R0.8 billion post-tax equity-accounted income
  • R1.3 billion, Exxaro’s share of dividend declared for 1H18


  • R224 million post-tax equity-accounted income
  • Dividend of R31 million received in 1H18

Value distribution (R million)


Headline earnings per share ** Attributable earnings per share

Please refer here for an explanation of the acronyms used throughout this book.