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28 MARCH 2023
Roland van Wijnen | CEO
AGENDA
01 Introduction
02 | Group review |
03 | Looking forward |
2
Introduction
History of over 130 years
2001 - 2017 | LOOKING |
FORWARD | |
2020-2022 |
1910
1892 | 2018-2020 |
3
Introduction
Purpose led and performance driven
PPC's purpose is to empower people to experience a better quality of life
Capital provided
Purpose and corporate social
responsibility
Customer People Process excellence
Financial
performance
Governance and compliance
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Introduction
Key considerations
Legacy issues behind us
- Deleveraging substantially complete
- Southern Africa focus
- Legacy issues in DRC resolved - no further claims or recourse
- Significantly improved governance
Volume versus price challenges in SA continue
- Price increase lower than required, but still implemented
- PPC's goal is to maintain rather than grow SA cement market share
- Margin pressure as input cost inflation remains high
- SA government role not positive yet - spend, import tariffs, SOE performance
Capital allocation and returns
- Returns on SA investments not fully optimised at current margins
- Sound cash flow outside South Africa repatriated consistently
- No funding required for Rwanda and Zimbabwe from South Africa
- All decarbonisation projects are value accretive
Culture and team
- Depth in the teams across all jurisdictions
- Performance driven culture
South Africa Cash Allocation
Cash used for | Sound balance sheet shifts | |
deleveraging to distributions | ||
deleveraging | ||
to shareholders* | ||
2019 - 2022 | 2023 - 2025 | |
Capex | Debt repayment | Shareholder returns |
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Disclaimer
PPC Ltd. published this content on 28 March 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 April 2023 22:45:02 UTC.