KAP Ltd (JSE:KAP) (FY 2026) Earnings Call Highlights: Profitability Surges 88% as Debt ...
KAP Ltd reported strong financial results for FY 2026, with profitability surging 88% and a significant reduction in net debt. Despite challenging market conditions, the company saw improved performance across several divisions, including PG Bison and Unitrans.
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The report provides insight into the financial health and operational efficiency of a major industrial company, serving as a signal for investors.
KAP Ltd (JSE:KAP) (FY 2026) Earnings Call Highlights: Profitability Surges 88% as Debt ... GuruFocus News Wed, September 9, 2026 at 9:00 PM EDT 6 min read KAP.JO -0.67% KAP This article first appeared on GuruFocus .
Revenue: ZAR29.6 billion, stable year-on-year.
Operating Profit (before capital items): Improved 28% to ZAR2.5 billion.
Operating Margin: Improved by 190 basis points to 8.4%.
Headline Earnings Per Share (HEPS): Improved 88% to ZAR0.452 per share.
Loss Per Share (after impairments): ZAR0.048 per share.
Cash Generated from Operations: Improved 30% to ZAR3.9 billion.
Free Cash Flow (before dividends): ZAR1.3 billion, an improvement of 178%.
Net Interest-Bearing Debt: Reduced 14% to ZAR7 billion.
Return on Capital Employed (ROCE): Improved by 280 basis points to 11.2%.
PG Bison Operating Profit: Increased 30%.
PG Bison Panel Sales Volumes: Increased 13%.
Feltex Operating Profit: Up 63% to ZAR270 million.
Capital Items (Impairments): ZAR1.568 billion.
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