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Metair Investments navigates market challenges with strategic restructuring
The Star
|August 08, 2025
METAIR Investments, a leading motor component manufacturer in South Africa, restructured, rightsized and closed certain operations in the six months to June 30, which enabled it to navigate market shifts and volume variability.
Headline earnings a share from continuing operations for the interim period are expected to decrease between 6% and 10% to between 69 cents and 72 cents a share. Revenue is expected to increase between 52% and 54%, driven by the inclusion of Hesto as a subsidiary from April 1, 2025, and the recently acquired AutoZone, for the full period.
"The improvement in Hesto's performance is now well-entrenched, the initiatives to stabilise AutoZone are bearing fruit, and a restructured debt package provides a sustainable platform from which to further reduce debt.
Cette histoire est tirée de l'édition August 08, 2025 de The Star.
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