Go Unlimited with Magzter GOLD
Get unlimited access to 9,500+ magazines, newspapers and Premium stories for just
Try GOLD - Free
PPC reports significant financial growth, with EBITDA up over 20%
Cape Times
|September 23, 2025
PPC’ share price surged 3.6% on Monday morning to R5.16 after it reported a “marked improvement” in its financial performance for the four months to July 31, 2025.
The JSE-listed cement and aggregates maker for markets in South Africa, Botswana, and Zimbabwe said in an update for the four months that their two-year-old “Awaken the Giant” turnaround strategy was gaining traction. This had resulted in further growth and margin expansion, on top of the improvement across key metrics achieved in the 2025 financial year.
Their strategy, being implemented in a weak macroeconomic environment in South Africa, focuses on increasing long-term leadership and competitiveness, through enhanced profitability and cash flow.
In the four-months, group earnings before interest, tax, depreciation, and amortisation (EBITDA) increased by more than 20% over the comparable period a year before, and the EBITDA margin grew by over 2 percentage points, PPC’s directors stated.
Sales volumes in South Africa and Botswana increased by 2% due to stronger retail sales and sales of clinker to PPC Zimbabwe.
This story is from the September 23, 2025 edition of Cape Times.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 9,500+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Cape Times
Cape Times
PPC reports significant financial growth, with EBITDA up over 20%
PPC’ share price surged 3.6% on Monday morning to R5.16 after it reported a “marked improvement” in its financial performance for the four months to July 31, 2025.
2 mins
September 23, 2025
Cape Times
Rescue to release: Genets transition to the wild at Vergelegen
TWO rehabilitated small-spotted genets have taken their first steps back into the wild thanks to a new soft-release enclosure at Vergelegen Wine Estate in Somerset West.
2 mins
September 23, 2025
Cape Times
Burkina’s LGBTQ community fears ‘witch-hunt’
QUENTIN, like others in Burkina Faso, fears a new anti-gay law will spark a “witch hunt” against the already at-risk LGBTQ community, which has been forced even further underground.
2 mins
September 23, 2025
Cape Times
SA rookies to watch in new URC season
ANOTHER United Rugby Championship season is upon us and, no doubt, there will be all manner of twists and turns as the South African teams negotiate a nine-month marathon.
1 mins
September 23, 2025
Cape Times
Canal+ gains control of Multichoice, expanding its reach across Africa
CANAL+ has taken effective control of South African television and streaming company MultiChoice, marking the French media giant's biggest acquisition and a big step in its plans to become the leading pan-African pay-TV operator.
2 mins
September 23, 2025
Cape Times
Hospitality industry calls new Electronic Travel Authorisation a game-changer for tourism
THE Federated Hospitality Association of South Africa (Fedhasa) has hailed the Department of Home Affairs’ newly announced Electronic Travel Authorisation (ETA) system as a landmark reform that will strengthen the country’s competitiveness in global tourism.
2 mins
September 23, 2025
Cape Times
Market stall to runway: Why Africa is side-eyeing Louis Vuitton’s ‘Ghana Must Go’ bag
IF YOU grew up anywhere from Accra to Alexandra, you know this bag. Woven plastic. Red-white-blue checks.
3 mins
September 23, 2025
Cape Times
Why does IT demand a unique approach to talent strategy?
IN TODAY’S digital economy, access to the right people has become as critical as access to the right technology. Yet, securing top IT talent has never been harder.
2 mins
September 23, 2025
Cape Times
No direct talks with Trump expected
EXPERTS believe that although President Cyril Ramaphosa and US President Donald Trump are unlikely to meet directly, the 80\" United Nations General Assembly (UNGA) meeting in New York comes at a crucial time for South Africa and the US to address their bilateral relations.
1 mins
September 23, 2025
Cape Times
Renergen announces interim loss and resolves dispute with Springbok Solar
RENERGEN on Monday warned of a bigger interim loss and announced it has ended a legal dispute with Springbok Solar Power Plant (RF) as the parties have agreed to “mutually beneficial operations in the Free State.”
2 mins
September 23, 2025
Listen
Translate
Change font size