Rest of Africa strengthens PPC earnings – ENCA

PPC nearly tripled attributable net profit in the six months to September, to R294-million from R102m in the same period in 2016. A “strong performance” from its assets in the rest of Africa boosted its regional earnings before interest, tax, depreciation and amortisation (ebitda) by 25 percent as group ebitda grew 4 percent to R1.2-billion. Meyrick Barker comments.

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