Business
KAP: EBITDA and operating profit rose despite revenue decline, with net debt reduced and H2 seen softer
KAP: EBITDA and operating profit rose despite revenue decline, with net debt reduced and H2 seen softer
About this update from Kap Limited
Revenue declined 3% to ZAR 14.9bn, but EBITDA rose 5% and operating profit 10% on strong execution. PG Bison and Feltex drove growth, while Safripol and Optix underperformed. Net debt fell 8%, and further reductions are targeted, though H2 is expected to be softer.Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.