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.

- EDWARD WEST

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.