Sasol Reports Q4 2026 Earnings: Strong Adjusted EBITDA Growth and Reduced Net Debt
Sasol Limited (SSL) delivered a strong performance in the fourth quarter of fiscal year 2026, reporting adjusted EBITDA of ZAR 61 billion — up 17% from the prior year. The increase was driven by higher sales volumes, stronger oil prices, and improved fuel differentials. Net debt stood at USD 3.3 billion, marking an 11% reduction compared to last year and the lowest level in a decade. Capital expenditure for the quarter totaled ZAR 21 billion — down 18% from previous periods due to completed projects such as the Mozambique PSA initiative. Sasol also achieved record Secunda production of 7.26 million tonnes, supported by improved coal quality and gas availability. The company's Southern African oil breakeven reached $49 per barrel, reflecting better operational reliability. International Chemicals reported adjusted EBITDA of USD 604 million amid cost savings and a more favorable market environment in Q4.
Tickers: $SSL
Topics: adjusted EBITDA capital expenditure free cash flow net debt oil breakeven