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Transnet Annual Results 2013 - Press Statement (Transnet SOC Ltd)

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(Source: Transnet SOC Ltd) 27 June 2013 Transnet powers ahead as Market Demand Strategy gathers momentum  Revenue up 9,4% to R50,2 billion  Rail volumes grow to 207,7 million tonnes  Ebitda up 11,5% to R21,1 billion.  Capital investment increased 23,4% to R27,5 billion.  Revised seven-year infrastructure investment programme to R307,5 billion  Gearing at 44,6% and cash interest cover ratio strong at 3,7 times, in line with expectations.  Created and sustained 28 493 jobs  Regenerated 151 139 MWh - enough to power a township the size of Alexandra for a year. Transnet SOC Ltd today revealed an impressive set of results for the year ended March 2013, driven by steady growth in rail...

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