This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Sasol's CEO Discusses Interim Financial Results - Earnings Call Transcript

Sasol Ltd. ( SSL)

Interim Financial Results Call

March 12, 2012 00:00 pm ET

Executives

David Constable - Executive Director & CEO

Christine Ramon - Executive Director & CFO

Giullean Strauss - Senior Group Executive - New Business Development and Technology

André De Ruyter - Senior Group Executive - Operations

Bernard Klingenberg - Group Executive, South African Energy Businesses, Excluding Sasol Mining

Analysts

Gerhard Engelbrecht - Renaissance Capital

Jarrett Geldenhuys - Deutsche Bank

Caroline Learmonth - Absa Capital

Campbell Parry - Investec Securities

Alex Comer - JPMorgan

Tassin Meyer - Citigroup

Hootan Yazhari - Bank of America/Merrill Lynch

Nishal Ramloutan - UBS

Presentation

Operator

Good morning and good afternoon ladies and gentlemen and welcome to the Sasol Interim financial results conference call. Today's call is being recorded. Today's call will be hosted by David Constable, Chief Executive Officer and Christine Ramon, Chief Financial Officer.

Also on the call today will be the following members; of the group executive, André De Ruyter; Giullean Strauss; and Bernard Klingenberg. Following the formal presentation by Sasol management, an interactive Q&A session will be available. A copy of today's live presentation is available on www.sasol.com. I would now like to hand the call over to David Constable. Please go ahead, sir.

David Constable

Yeah thanks very much Careen. Good morning, good afternoon and good evening everyone and thank you for joining us on the conference call today. We are pleased to be announcing record interim earnings today at Sasol which continues our strong track record of delivering superior shareholder returns.

Turning to slide five of the presentation, which you have in front of you. Let me start with an overview of what you're going to hear today. First of all, to our financial performance, we will be announcing record interim earnings. It's always encouraging to have a positive story to tell. Our record earnings are due to the fact that we have delivered a solid operational performance supported by the macroeconomic trends.

1 of 4

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,279.74 +13.75 0.08%
S&P 500 2,010.40 -0.96 -0.05%
NASDAQ 4,579.7890 -13.6380 -0.30%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs