Kap LimitedJSE: KAP

KAP: Revenue and EBITDA fell, but major projects and refinancing support future growth

· Issued by Kap Limited

Revenue and EBITDA declined year-over-year amid a challenging South African and global environment, with five of six divisions improving but Safripol significantly weaker. Major capital projects were completed, a new R3 billion credit facility was secured, and the group is focused on debt reduction and operational efficiencies.

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