{"id":264939,"date":"2025-11-04T09:45:30","date_gmt":"2025-11-04T10:45:30","guid":{"rendered":"https:\/\/www.premium-partners.net\/?p=264939"},"modified":"2025-11-04T14:13:48","modified_gmt":"2025-11-04T14:13:48","slug":"enx-group-posts-lower-earnings-loss-per-share-following-recent-disposals","status":"publish","type":"post","link":"https:\/\/www.premium-partners.net\/fr\/builder\/enx-group-posts-lower-earnings-loss-per-share-following-recent-disposals\/","title":{"rendered":"enX Group posts lower earnings loss per share following recent disposals"},"content":{"rendered":"

This post<\/a> was originally published on this site<\/a><\/p>

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Industrial lubricant, chemicals and power company enX Group, following recent disposals, said headline earnings per share (HEPS) of continuing operations is expected to improve to between <\/span>1 cent and -3 cents for the year to August 31, compared with <\/span>-8 cents <\/span>reported last year.<\/p>\n

HEPS for the total group, according to a trading statement released Tuesday, was forecast to decline by<\/span> <\/span>78% to 87%, after performance was negatively impacted by lower demand in its Power division.<\/span><\/p>\n

The total HEPS of between <\/span>40 cents and 66 cents, compared with <\/span>298 cents <\/span>at the same time last year, was due mainly to minimal loadshedding compared to about <\/span>120 days of loadshedding <\/span>last year.<\/p>\n

On June 30, 2025, enX’s Chemical segment was classified as held for sale and a discontinued operation. The Fleet and Lubricants segments were disposed of in June 2024 and March 2025 respectively. enX’s continuing operations comprise the Power segment and the Service Centre.<\/p>\n

Revenue from continuing operations is expected to decrease by about <\/span>32%, primarily due to lower demand in the Power segment. The first half of the prior period included significant opportunities arising from loadshedding.<\/p>\n

Profit before taxation from continuing operations is expected to decrease between <\/span>30% and 34%. The results were also negatively impacted by a delay in large-scale power data centre customer projects, and the once-off payment of aR15 million <\/span>limited guarantee claim under the Cap Leverage shareholder indemnity, which became due when the Industrial Development Corporation called on its guarantee.<\/p>\n

enX\u2019s share price was unchanged at <\/span>R4.11 <\/span>on the JSE Tuesday morning.<\/p>\n

The group said in its integrated report last November that while there was a robust order book for the sale of generators to data-centre customers, profitability continued to be negatively impacted by no loadshedding. The strategy to increase shareholder value by growing underlying businesses and, if the opportunities available are right, to make strategic disposals of those businesses, would continue.<\/p>\n

BUSINESS REPORT<\/strong><\/p>","protected":false},"excerpt":{"rendered":"

Industrial lubricant, chemicals and power company enX Group, following recent disposals, said headline earnings per share (HEPS) of continuing operations is expected to improve to between\u00a01 cent and -3 cents for the year to August 31, compared with\u00a0-8 cents\u00a0reported last year.HEPS for the total group, according to a trading statement released Tuesday, was forecast to decline by\u00a078% to 87%, after performance was negatively impacted by lower demand in its Power division.The total HEPS of between\u00a040 cents and 66 cents, compared with\u00a0298 cents\u00a0at the same time last year, was due mainly to minimal loadshedding compared to about\u00a0120 days of loadshedding\u00a0last year.On June 30, 2025, enX’s Chemical segment was classified as held for sale and a discontinued operation. The Fleet and Lubricants segments were disposed of in June 2024 and March 2025 respectively. enX’s continuing operations comprise the Power segment and the Service Centre.Revenue from continuing operations is expected to decrease by about\u00a032%, primarily due to lower demand in the Power segment. The first half of the prior period included significant opportunities arising from loadshedding.Profit before taxation from continuing operations is expected to decrease between\u00a030% and 34%. The results were also negatively impacted by a delay in large-scale power data centre customer projects, and the once-off payment of aR15 million\u00a0limited guarantee claim under the Cap Leverage shareholder indemnity, which became due when the Industrial Development Corporation called on its guarantee.enX\u2019s share price was unchanged at\u00a0R4.11\u00a0on the JSE Tuesday morning.The group said in its integrated report last November that while there was a robust order book for the sale of generators to data-centre customers, profitability continued to be negatively impacted by no loadshedding. The strategy to increase shareholder value by growing underlying businesses and, if the opportunities available are right, to make strategic disposals of those businesses, would continue.BUSINESS REPORT<\/p>","protected":false},"author":1,"featured_media":91792,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-264939","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-builder"],"_links":{"self":[{"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/posts\/264939","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/comments?post=264939"}],"version-history":[{"count":1,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/posts\/264939\/revisions"}],"predecessor-version":[{"id":264940,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/posts\/264939\/revisions\/264940"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/media\/91792"}],"wp:attachment":[{"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/media?parent=264939"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/categories?post=264939"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/tags?post=264939"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}