Kal Group LimitedJSE: KAL

KAL: Revenue and earnings declined, but debt reduction and strong cash flow support future growth

· Issued by Kal Group Limited

Revenue declined 3% year-over-year, with EBITDA down 4.4% and recurring headline EPS down 9.4%. Debt and working capital improved, and the dividend was maintained. F25 is expected to miss PBT targets, but the F30 plan is on track, with increased CapEx and a positive outlook as market conditions improve.

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