Sasol Lifts Fiscal 2026 Fuel Sales Volume Outlook, Cuts Gas Production Guidance

Fidelity
2026.04.23 07:57
portai
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Sasol (SSL) has raised its fiscal 2026 fuel sales volume growth outlook to 10%-15% from 5%-10%, citing stable operations and increased demand. However, it has reduced its gas production guidance to 5%-10% below fiscal 2025 levels due to flooding in Mozambique and well availability issues. Additionally, capital expenditures are now expected to be between 20 billion and 22 billion South African rand, down from the previous estimate of 22 billion to 24 billion rand.