Sasol Ltd. on Monday reported a 6.2% fall in adjusted Ebitda for the first half of fiscal 2021, the middle of the range forecast last month. The South Africa-based petrochemical and energy company said adjusted earnings before interest, taxes, depreciation and amortization for the six months ended Dec. 31 was 18.61 billion South African Rand ($1.27 billion) compared with ZAR19.84 billion for the same period a year earlier. It had forecast adjusted Ebitda of between ZAR17.9 billion and ZAR19.8 billion.

Source: Wall Street Journal February 22, 2021 06:22 UTC