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Sasol's 2013 results benefit from synfuels but are offset by impairments on wax project and Arya Sasol

4:15 AM MDT | August 2, 2013 | Natasha Alperowicz

Sasol (Johannesburg), the synthetic fuels and chemicals producer, has released updated guidance on its results for the year ended 30 June 2013. The company now expects operational (“headline”) earnings per share to increase by 20%-30%, and reported earnings per share (EPS) by 7%-17% in the financial year just ended. In earlier guidance on 7 June, the company had stated only that it would deliver solid operational performance and earnings, excluding major one-off items, for financial year 2013 (FY 2013).   Sasol says that its FY 2013 results...

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