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Israel Corporation Reports Qtrly Net Profit Of $42 Million

12:00am IST

Nov 14 (Reuters) - Israel Corporation Ltd ::ISRAEL CORP. REPORTS RESULTS FOR THIRD QUARTER OF 2019.ISRAEL CORPORATION LTD QTRLY NET PROFIT TO CO'S SHAREHOLDERS $42 MILLION.ISRAEL CORPORATION LTD - AS OF SEPT 30, FINANCIAL LIABILITIES WERE $1,332 MILLION, AND INVESTMENTS IN LIQUID ASSETS AMOUNTED TO $302 MILLION.ISRAEL CORPORATION LTD - NET DEBT AS OF SEPT 30, TOTALED $1,000 MILLION.

Dupont Says Current Expectation Is That Semiconductor Market Recovery Will Continue - Conf Call

Thursday, 31 Oct 2019

Oct 31 (Reuters) - Dupont De Nemours Inc ::DUPONT SAYS BELIEVE SOFTNESS WE SAW IN SEMICONDUCTOR TECHNOLOGIES IN Q2 DUE TO HIGH CHANNEL INVENTORIES IS RESOLVING - CONF CALL.DUPONT SAYS CURRENT EXPECTATION IS THAT SEMICONDUCTOR MARKET RECOVERY WILL CONTINUE, RETURNING TO GROWTH DURING 2020 - CONF CALL.DUPONT SAYS REMAIN CONFIDENT IN THE LONG-TERM GROWTH OF PROBIOTICS BUSINESS - CONF CALL.DUPONT SAYS ANTICIPATE THAT REBALANCING OF NYLON 66 SUPPLY CHAIN WILL INFLUENCE PRICING IN VOLUMES AS WE LOOK TO REMAINDER OF YEAR - CONF CALL.DUPONT, ON TRANSPORTATION AND INDUSTRIAL BUSINESS, SAYS NOT SEEING A DEMAND PICKUP, BUT SEEING SOME SIGNS OF SOME SEQUENTIAL IMPROVEMENT - CONF CALL.DUPONT SAYS WE'RE LOOKING AT SIMILAR MACRO DYNAMICS FROM '19 INTO '20, GOING TO BE FAIRLY CAUTIOUS AS WE THINK ABOUT 2020 - CONF CALL.DUPONT SAYS TARIFF IMPACT IS NOT REAL HUGE FOR US, PORTION THAT'S DIRECT SALES TARIFF, IS ABOUT $50 MILLION ON FY BASIS OF TARIFF IMPACT - CONF CALL.

Sasol Reports FY Core HEPS 38,13 Rand

Monday, 28 Oct 2019

Oct 28 (Reuters) - Sasol Ltd ::JSE: SOL - SOLBE1 - AUDITED FINANCIAL RESULTS FOR THE YEAR ENDED 30 JUNE 2019.SASOL LTD - OUR BUSINESS WAS IMPACTED BY MARKET AND GEOPOLITICAL RISK, INCLUDING SUBDUED GROWTH IN GLOBAL GROSS DOMESTIC PRODUCT.SASOL LTD - FY CORE HEADLINE EARNINGS PER SHARE 38,13 RAND.SASOL LTD - FY HEADLINE EARNINGS PER SHARE INCREASED 12% TO R30,72 PER SHARE COMPARED TO PRIOR YEAR.SASOL LTD - FY DIVIDEND PER SHARE 5,90 RAND.SASOL LTD - EXPECT A CLOSER MATCH BETWEEN MARGIN AND COSTS FOR LCCP TO BE ACHIEVED FROM 2020.SASOL - ACTUAL CAPEX IN FY, INCLUDING ACCRUALS, AMOUNTED TO R56 BILLION. THIS INCLUDES R30 BILLION (US$2,1 BILLION) RELATING TO LCCP.SASOL LTD - BOARD HAS MADE DECISION TO PASS FINAL DIVIDEND.SASOL LTD - BOARD MAY FURTHER CONSIDER PASSING OF 2020 INTERIM DIVIDEND BASED ON HEALTH OF BALANCE SHEET CREDIT METRICS AT THAT STAGE.SASOL - FY EBIT DECREASED LARGELY DUE TO REMEASUREMENT ITEMS OF R18,6 BILLION IN CURRENT YEAR.SASOL LTD - REMEASUREMENT ITEMS IN FY RESULTING FROM SOFTER CHEMICAL PRICES AS WELL AS HIGHER THAN ANTICIPATED CAPITAL SPEND ON LCCP.SASOL LTD - AS WE ENTER THE FINAL PHASE OF BRINGING THE LCCP FULLY ONLINE, WE ARE PARTICULARLY FOCUSED ON PRUDENT CAPITAL ALLOCATION.SASOL LTD - BOARD MAY FURTHER CONSIDER THE PASSING OF THE 2020 INTERIM DIVIDEND BASED ON THE HEALTH OF THE BALANCE SHEET CREDIT METRICS AT THAT STAGE.

Sasol Says Joint CEOs To Step Down After Independent Review

Monday, 28 Oct 2019

Oct 28 (Reuters) - Sasol Ltd ::JSE: SOL - SOLBE1 - OUTCOMES OF THE INDEPENDENT BOARD REVIEW AND EXECUTIVE TRANSITION PLAN.SASOL LTD - ADJUSTMENTS TO FEBRUARY 2019 COST FORECAST OF APPROXIMATELY $530 MILLION.SASOL LTD - ADDITIONAL EVENTS AND REMAINING WORK IMPACTING FEBRUARY 2019 COST FORECAST OF APPROXIMATELY $470 MILLION.SASOL LTD - A CONTINGENCY AMOUNT FOR ITEMS THAT COULD IMPACT COST FORECAST OF $300 MILLION.SASOL LTD - ADDITIONALLY, THROUGHOUT LCCP, THERE HAVE BEEN ADVERSE WEATHER CONDITIONS AND RELATED PRODUCTIVITY ISSUES.SASOL LTD - COST TO COMPLETION ESTIMATE FOR LCCP IS TRACKING 22 MAY 2019 ANNOUNCED COST GUIDANCE RANGE OF BETWEEN $12,6 BILLION AND $12,9 BILLION.SASOL LTD - REVIEW, WHICH IS LEGALLY PRIVILEGED, HAS NOW BEEN CONCLUDED.SASOL - "PRIMARY RESPONSIBILITY FOR SHORTCOMINGS IN RELATION TO LCCP LIES WITH FORMER LEADERSHIP OF LCCP'S PROJECT MANAGEMENT TEAM (PMT)".SASOL LTD - NO EARNINGS, FINANCIAL POSITION, OR CASH FLOW RESTATEMENTS ARE REQUIRED.SASOL - BONGANI NQWABABA, STEPHEN CORNELL, JOINT CEOS, AGREED TO AMICABLE MUTUAL SEPARATION WITH CO.SASOL LTD - FOR FY2019, ALL MEMBERS OF GROUP EXECUTIVE COMMITTEE (GEC) WERE AWARDED ZERO AS VALUE OF THEIR SHORT-TERM INCENTIVE.SASOL - EFFECTIVE OCT 31, BONGANI AND STEPHEN WILL STEP DOWN AS JOINT CEOS, AND AS EXECUTIVE DIRECTORS OF SASOL AND ITS SUBSIDIARIES.SASOL LTD - FOR FY2019, JOINT CEOS WERE AWARDED ZERO AS VALUE OF THEIR SHORT-TERM INCENTIVE.

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