Edition:
India

PPC Ltd (PPCJ.J)

PPCJ.J on Johannesburg Stock Exchange

475.00ZAc
18 Jun 2019
Change (% chg)

-7.00 (-1.45%)
Prev Close
482.00
Open
482.00
Day's High
482.00
Day's Low
463.00
Volume
1,493,824
Avg. Vol
1,211,066
52-wk High
769.00
52-wk Low
430.00

Latest Key Developments (Source: Significant Developments)

PPC Sees PPC Zimbabwe's EBITDA In Rands For March 2018 Results Within 5%-15% Of Previously Reported EBITDA For March 2018
Wednesday, 27 Mar 2019 

March 27 (Reuters) - PPC Ltd ::FOR MARCH 2018 RESULTS, PPC ZIMBABWE'S EBITDA IN RANDS IS EXPECTED TO BE WITHIN 5% TO 15% OF PREVIOUSLY REPORTED EBITDA FOR MARCH 2018 OF R573M.PPC WILL, FOR 2019 GROUP FINANCIAL RESULTS REPORTING, PROVIDE EXTENSIVE FINANCIAL STATEMENT DISCLOSURES WITH REGARD TO ZIMBABWEAN BUSINESS.PPC WILL CONSOLIDATE PPC ZIMBABWE ACCORDING TO IFRS WITH EFFECTIVE DATE OF CHANGE IN FUNCTIONAL CURRENCY BEING 1 OCTOBER 2018.REPORTED RESULTS OF PPC ZIMBABWE BEING CONSOLIDATED IN PPC GROUP AS AT 30 SEPTEMBER 2018 REMAINS UNCHANGED. THERE WILL BE NO RESTATEMENT.  Full Article

PPC Says In South Africa, Intends To Maintain Price Increases Implemented
Tuesday, 5 Feb 2019 

Feb 5 (Reuters) - PPC Ltd ::IN SOUTH AFRICA, PPC INTENDS TO MAINTAIN PRICE INCREASES IMPLEMENTED.PPC ZIMBABWE REMAINS FOCUSED ON CASH PRESERVATION.IN DRC, BUSINESS CONTINUES TO ENTRENCH ROUTE TO MARKET STRATEGIES TO INCREASE VOLUMES AND PRICES.  Full Article

PPC Ltd Says Finalised Terms To Give Effect To PPC Phakama Transaction
Thursday, 15 Mar 2018 

March 15 (Reuters) - Ppc Ltd ::JSE: PPC - DETAILED TERMS OF PPC’S TOP-UP BLACK ECONOMIC EMPOWERMENT TRANSACTION AND WITHDRAWAL OF CAUTIONARY.PPC LTD - ‍COMPANY HAS FINALISED TERMS WHICH WILL GIVE EFFECT TO PPC PHAKAMA TRANSACTION.​.PPC LTD - ‍PPC PHAKAMA TRANSACTION WILL BE IMPLEMENTED AS A "TOP-UP" TRANSACTION AT LEVEL OF PPC'S UNIT , PPC SOUTH AFRICA HOLDINGS PROPRIETARY LIMITED​.PPC LTD - ‍ PPC PHAKAMA TRANSACTION WILL RESULT IN PPC ACHIEVING AN EFFECTIVE 30.0% BEE EQUITY SHAREHOLDING IN RESPECT OF ITS SOUTH AFRICAN OPERATIONS.​.PPC LTD - ‍PPC WILL NO LONGER TAKE INTO ACCOUNT A PORTION OF BEE 1 TRANSACTION'S RESIDUAL SHAREHOLDING​.PPC LTD - ‍PPC PHAKAMA TRANSACTION WILL RESULT IN PPC'S EQUITY SHAREHOLDING IN PPC SA BEING REDUCED FROM 100% TO 74.6%.​.  Full Article

PPC Ltd Says Resignation Of Peter Nelson As Chairman
Friday, 2 Mar 2018 

March 2 (Reuters) - Ppc Ltd ::ANNOUNCE RESIGNATION OF PETER NELSON AS THE CHAIRMAN OF THE BOARD AND AS NON-EXECUTIVE DIRECTOR OF PPC, WITH EFFECT FROM 2 MARCH 2018‍​.ANNOUNCE APPOINTMENT OF JABU MOLEKETI AS THE NEW CHAIRMAN OF THE BOARD AND CHAIRMAN OF THE NOMINATIONS COMMITTEE.  Full Article

Ppc Ltd Says Is "‍In Discussions With Shareholders With Regard To Aligning Composition Of Board With Its Priorities"​
Friday, 23 Feb 2018 

Feb 23 (Reuters) - Ppc Ltd ::"‍IN DISCUSSIONS WITH ITS LARGEST SHAREHOLDERS WITH REGARD TO ALIGNING COMPOSITION OF BOARD WITH ITS STRATEGIC PRIORITIES"​.‍COMPANY HAS RECEIVED NOMINATIONS FOR JABU MOLEKETI AS SUCCESSOR TO CHAIRMAN​.‍ALL NOMINATIONS WILL BE EVALUATED AND APPOINTMENTS ANNOUNCED IN DUE COURSE​.  Full Article

PPC Names ‍Johan Claassen As CEO With Immediate Effect​
Wednesday, 14 Feb 2018 

Feb 14 (Reuters) - PPC Ltd ::APPOINTMENTS OF CHIEF EXECUTIVE OFFICER AND MANAGING DIRECTORS OF PPC SOUTHERN AFRICA CEMENT AND PPC REST OF AFRICA.‍JOHAN CLAASSEN AS CEO AND EXECUTIVE DIRECTOR OF PPC LTD WITH IMMEDIATE EFFECT​.‍FOLLOWING APPOINTMENT OF CLAASSEN AS CEO, APPOINTMENT OF NJOMBO LEKULA, PREVIOUSLY MD OF REST OF AFRICA CEMENT, TO MD OF SA CEMENT HAS CONFIRMED​.  Full Article

PPC Says 9-Months Ended Dec 2017 Group Revenue Shown Improvement Over Prior Period
Friday, 2 Feb 2018 

Feb 2 (Reuters) - Ppc Ltd ::‍NINE MONTHS ENDED DEC 2017 GROUP REVENUE HAS SHOWN IMPROVEMENT OVER PREVIOUS COMPARATIVE PERIOD ENDED DECEMBER 31, 2016​.‍NINE MONTHS ENDED DEC 2017 GROUP EBITDA HAS ALSO TRACKED AHEAD OF PREVIOUS YEAR​.‍GROUP'S GROSS AND NET DEBT POSITIONS IN DECEMBER 2017 IMPROVED FURTHER WHEN COMPARED WITH SEPTEMBER 2017.​.‍GROUP CAPEX HAD ALSO SIGNIFICANTLY REDUCED WHEN COMPARED WITH SAME PERIOD LAST YEAR, AND STILL WITHIN GUIDANCE GIVEN AT GROUP'S INTERIM RESULTS​.  Full Article

Fairfax drops out of bidding for South African cement maker PPC
Monday, 11 Dec 2017 

Dec 11 (Reuters) - PPC Ltd ::NOTIFICATION OF WITHDRAWAL OF FAIRFAX PARTIAL OFFER AND FURTHER CAUTIONARY ANNOUNCEMENT.ON 8 DECEMBER 2017, INDEPENDENT BOARD RECEIVED FAIRFAX'S FORMAL NOTIFICATION THAT IT WILL NOT PROCEED WITH PARTIAL OFFER.PPC LTD BOARD CONTINUES TO ENGAGE WITH LAFARGEHOLCIM IN RESPECT OF ITS APPROACH.  Full Article

PPC Ltd says HY HEPS up 36 pct to 19 cents​
Thursday, 23 Nov 2017 

Nov 23 (Reuters) - PPC LTD ::‍HY GROUP REVENUE INCREASED BY 1% TO R5,2 BILLION​.HY ‍GROUP EBITDA GREW BY 4% TO R1,2 BILLION​.‍HY ATTRIBUTABLE NET PROFIT UP 188% TO R294 MILLION​.‍HY EARNINGS PER SHARE UP 54% TO 20 CENTS​.‍NET DEBT DECLINED FROM R4,7 BILLION IN MARCH 2017 TO R4,4 BILLION​.HY ‍GROUP EBITDA GREW BY 4% TO R1 193 MILLION​.HY HEADLINE EARNINGS PER SHARE ROSE BY 36% TO 19 CENTS​.  Full Article

PPC Ltd sees HY HEPS between 18 cents and 20 cents
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - PPC Ltd ::‍HY GROUP EBITDA IS EXPECTED TO INCREASE BY 3% - 6% COMPARED WITH PREVIOUS PERIOD​.‍HEADLINE EARNINGS PER SHARE ARE EXPECTED TO RISE BY BETWEEN 30% AND 40% (BETWEEN 18 CENTS AND 20 CENTS) FOR 6 MONTHS ENDED 30 SEPTEMBER 2017​.‍HY NET PROFIT ATTRIBUTABLE TO PPC SHAREHOLDERS IS EXPECTED TO INCREASE BY 180% - 200%.  Full Article