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MarketScreener Homepage  >  Equities  >  Johannesburg Stock Exchange  >  Sasol Limited    SOLJ   ZAE000006896

SASOL LIMITED

(SOLJ)
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Sasol : Explosion, Fire at Louisiana Project

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01/14/2020 | 10:44am EST

By Matteo Castia

Sasol Ltd. (SOL.JO) said Tuesday that an explosion and subsequent fire occurred at the Low-Density Polyethylene Unit of its Lake Charles Chemicals Project, Louisiana, on Monday.

The South African energy and chemical group said the unit has been shut down and it has started an investigation into the cause of the incident, as well as the extent of damage and impact on the operational schedule. The unit wasn't yet in operation.

Sasol added that all other units and downstreams were unaffected by the incident, and that there were no casualties.

Write to Matteo Castia at matteo.castia@dowjones.com

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Financials (ZAR)
Sales 2020 203 B
EBIT 2020 25 909 M
Net income 2020 14 853 M
Debt 2020 134 B
Yield 2020 0,55%
P/E ratio 2020 12,8x
P/E ratio 2021 7,11x
EV / Sales2020 1,40x
EV / Sales2021 1,25x
Capitalization 151 B
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Mean consensus OUTPERFORM
Number of Analysts 12
Average target price 327,08  ZAR
Last Close Price 237,99  ZAR
Spread / Highest target 63,9%
Spread / Average Target 37,4%
Spread / Lowest Target 0,84%
EPS Revisions
Managers
NameTitle
Fleetwood Grobler President, CEO & Executive Director
Sipho Abednego Nkosi Chairman
Paul Victor Chief Financial Officer & Executive Director
Marius Brand Executive Vice President-Technology
Colin Beggs Independent Non-Executive Director
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