Tharisa has released its full year results for the year ending 30th September. The company had already released operational data and close EPS guidance so these results were all about filling in the missing pieces. Revenue was in line, EBITDA of $136.8m was light by 8% and PBT likewise by 5% due to slightly higher unit costs. As expected, the year on year changes were poor as commodity prices fell in the face of rising inflation. The clear differential though is the net cash position as capex fo ....

14 Dec 2023
FY2023 Results – Riding out the Storm

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FY2023 Results – Riding out the Storm
Tharisa Plc (THS:LON), 96.0 | Tharisa Plc (THA:JSE), 0
- Published:
14 Dec 2023 -
Author:
David Butler -
Pages:
6 -
Tharisa has released its full year results for the year ending 30th September. The company had already released operational data and close EPS guidance so these results were all about filling in the missing pieces. Revenue was in line, EBITDA of $136.8m was light by 8% and PBT likewise by 5% due to slightly higher unit costs. As expected, the year on year changes were poor as commodity prices fell in the face of rising inflation. The clear differential though is the net cash position as capex fo ....