Exxaro is one of the largest and foremost black-empowered, South Africa-based diversified resources companies, with current business interests in South Africa, Europe and the United States of America.
AT A GLANCE
- LTIFR of 0,12 33% (deterioration)
- One fatality
- OHIFR of 0,33 3%
Sishen Iron Ore Company
- R3,3 billion post-tax equity-accounted income
- Dividend of R1,4 billion
- R5,2 billion gain on partial disposal of investment
- Dividend of R109 million received
- Revenue R22,8 billion, 9%
- Headline EPS of 502 cents, 61%
- Attributable EPS of 1 923 cents, 20%
EXXARO 2026 GROUP STRATEGY: POWERING
BETTER LIVES IN AFRICA AND BEYOND
Our 2026 strategy is a 10-year view (from 2016), focused on continued value creation and our positive impact on society. As part of this process, we have adopted a three-year strategy review cycle; with a deep dive into strategic direction in year one and a high-level review in years two and three. In 2016, our executive committee went through a detailed process to identify the direction we want to grow into and, over the past two years, we have fundamentally reshaped our strategy to address the changing world in which we operate.View strategy
Exxaro has recorded excellent results for the year to 31 December 2017, reflecting our strict focus on delivering a solid performance from the coal business while enhancing organisational excellence and improving our prospects for the future.
MDM MgojoView review
The review period was one that demanded the full attention and
contribution of the Exxaro board to ensure that, as a board, we fulfilled our
obligation to create value for stakeholders.
Dr L Konar
A significant uptick in commodity prices was recorded in 2017. The API4 coal price averaged US$84 per tonne, compared with US$64 in 2016.