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Mpact Ltd (MPTJ.J)

MPTJ.J on Johannesburg Stock Exchange

2,140.00ZAc
14 Dec 2018
Change (% chg)

-8.00 (-0.37%)
Prev Close
2,148.00
Open
2,135.00
Day's High
2,148.00
Day's Low
2,135.00
Volume
10,917
Avg. Vol
215,117
52-wk High
3,200.00
52-wk Low
1,801.00

Latest Key Developments (Source: Significant Developments)

Mpact Posts FY HEPS Of 164.5 Cents
Wednesday, 7 Mar 2018 01:00am EST 

March 7 (Reuters) - Mpact Ltd ::FY UNDERLYING OPERATING PROFIT OF R457 MILLION​.‍FY UNDERLYING EARNINGS PER SHARE OF 166.3 CENTS​.‍BASIC AND HEADLINE EARNINGS PER SHARE FOR YEAR WERE 162.1 CENTS AND 164.5 CENTS RESPECTIVELY​.‍EXPECT TO SEE A FURTHER IMPROVEMENT IN MPACT POLYMERS DURING 2018 BUT AT A LOWER RATE THAN INITIALLY PLANNED DUE TO FEEDSTOCK QUALITY​.2018 ‍RECOVERED PAPER COSTS ANTICIPATED TO BE LOWER THAN PRIOR YEAR AND FELIXTON PAPER MILL IS EXPECTED TO REACH DESIGN THROUGHPUT BY YEAR END​.FY ‍GEARING AT 34.8% (DECEMBER 2016: 33.6%)​.‍TOTAL GROSS DIVIDEND OF 55 CENTS PER SHARE​.‍FY RETURN ON CAPITAL EMPLOYED OF 7.7% (DECEMBER 2016: 14.2%)​.‍GROUP IS NEARING END OF EXTENSIVE CAPITAL INVESTMENT PROGRAMME WHICH IS ANTICIPATED TO CONTRIBUTE TO IMPROVED FUTURE EARNINGS​.‍DROUGHT IN EASTERN CAPE AND WESTERN CAPE REMAINS A CONCERN AND ITS EFFECT ON GROUP'S FUTURE PERFORMANCE IS UNCERTAIN​.  Full Article

Mpact Sees FY HEPS Between 30-36 Pct Lower
Thursday, 15 Feb 2018 01:33am EST 

Feb 15 (Reuters) - Mpact Ltd ::DIFFICULT TRADING CONDITIONS EXPERIENCED IN FIRST SIX MONTHS OF 2017 CONTINUED TO NEGATIVELY IMPACT GROUP'S PERFORMANCE DURING H2.FY GROUP REVENUE AND SALES VOLUMES WERE IN LINE WITH PRIOR YEAR.FY PROFITABILITY WAS ADVERSELY AFFECTED BY LOWER DOMESTIC SALES, HIGHER RECOVERED PAPER COSTS.FY UNDERLYING EARNINGS BEFORE INTEREST AND TAX TO DECLINE BETWEEN 38% AND 45% WHEN COMPARED TO PRIOR YEAR (2016: R784.4 MILLION).FY HEPS TO BE BETWEEN 170 CENTS AND 155 CENTS, A DECREASE OF BETWEEN 30% AND 36% WHEN COMPARED TO PRIOR YEAR HEPS OF 242.0 CENTS.  Full Article

Mpact posts HY basic and HEPS 34.3 cents
Tuesday, 8 Aug 2017 02:00am EDT 

Aug 8 (Reuters) - MPACT LTD :SAYS REVENUE INCREASED BY 3.1% TO R4.8 BILLION FOR SIX MONTHS ENDED 30 JUNE 2017.SAYS BASIC AND HEADLINE EARNINGS PER SHARE FOR PERIOD WERE 34.3 CENTS FOR SIX MONTHS ENDED 30 JUNE 2017.EXPECTED TO SHOW AN IMPROVED FULL-YEAR TRADING PERFORMANCE COMPARED TO PRIOR YEAR.DECLARES INTERIM GROSS DIVIDEND OF 15 CENTS PER SHARE.  Full Article

Mpact Ltd sees HY HEPS between 42.7 cents and 24.7 cents
Monday, 19 Jun 2017 09:43am EDT 

June 19 (Reuters) - Mpact Ltd ::HEPS for six months ending 30 June 2017 to be between 42.7 cents and 24.7 cents, down between 55.0% and 74.0% when compared to prior year.  Full Article

Mpact posts FY HEPS of 242.0 cents
Thursday, 2 Mar 2017 01:00am EST 

Mpact Ltd : FY underlying earnings per share of 252.7 cents . FY underlying operating profit of r784 million . FY return on capital employed of 14.2% . FY gearing at 33.6% . Following review of its prospects and prevailing economic environment in Zimbabwe, group closed its plastics manufacturing operation in that country in Dec 2016 . Basic and headline earnings per share for year were 234.6 cents and 242.0 cents . Economic outlook for 2017 remains subdued . Most of factors that impacted negatively on profitability of group in 2016 are likely to persist .Anticipate an improved trading performance in mpact polymers on back of increased demand for rpet, higher throughput and a better yield.  Full Article

Mpact sees full-year HEPS down between 30 pct-39 pct
Thursday, 16 Feb 2017 04:00am EST 

Mpact Ltd : FY group revenue is expected to increase by approximately 5.8 pct (December 2015 revenue: R9.548 million) .Expects FY HEPS to be within range of 225 cents and 255 cents, a decline of between 30 pct and 39 pct versus HEPS of 365.8 cents year ago.  Full Article