Metair delivers a robust h1’23 performance while navigating challenging trading conditions and investing in future growth and value creation
14 September, 2023
31% rise in group revenue to R7.6 billion following recovery in local OEM volumes 124% increase in operating profit to R324 million and increased EBITDA…
Grand opening of new Hesto Harnesses facility in KwaDukuza by President Cyril Ramaphosa
27 September, 2022
35 000m2 state-of-the-art new vehicle wiring harness manufacturing facility Part of Metair’s +R1.4 billion investment to supply Ford South Africa automotive component contracts Over 4000…
FY22 half-year results show a robust performance and steady progress with strategic projects for future returns
14 September, 2022
FY22 HALF-YEAR RESULTS SHOW A ROBUST PERFORMANCE AND STEADY PROGRESS WITH STRATEGIC PROJECTS FOR FUTURE RETURNS • R1.7 billion Ford investment project progressing as planned…
Quick energy storage recovery powered solid FY2021 performance
17 March, 2022
KEY GROWTH PROJECTS ON COURSE TO DRIVE SUSTAINABLE RETURNS Strategic recovery plan unfolded broadly as anticipated, supporting strong revenue growth Margins well-managed despite several manufacturing…
Strong first half performance underpinned by successful covid-19 recovery strategy and solid demand across both business verticals
19 August, 2021
STRATEGIC INVESTMENTS ON TRACK AND PAVING THE WAY FOR ATTRACTIVE RETURNS Progressive Covid-19 response strategy delivered a successful recovery Covid-19-related supply chain disruptions well managed…
Dividend resumed on resilient second half performance and renewed market visibility and confidence FY21 investments to support decade long returns in automotive components
18 March, 2021
FY20 performance reflects COVID-19 shutdown disruption Welfare support to employees and direct COVID-19 related costs of R75 million Rapid recovery in H2 demand led to…
Interim performance hampered by Covid-19 optimistic second half outlook with focus on maintaining robust financial position
19 August, 2020
Revenue declined 27% to R3.9 billion on lower volumes Focused cost containment limited operating loss to R18 million EBITDA down to R139 million and headline…
Record annual results performance and exciting foundation established for future growth
18 March, 2020
Revenue increased 9.4% to R11.2 billion EBITDA improved by 4.6% to R1.4 billion HEPS increased to 336 cents Cash generated from operations up 40% to…
Operational excellence and strategic delivery underpin strong interim performance
14 August, 2019
HEPS grew 21% to 160 cents per share EBITDA 19% higher at R699 million Operating profit up 21% to R499 million Revenue increased 19% to…
Metair delivers record performance in difficult environment
14 March, 2019
Revenue up 8% to R10.28 billion Operating profit 19% higher at R1.00 billion HEPS increased 16% to 327 cents Dividend per share of 100 cents…