EOH – 1H22 Trading Update

Evaluating a capital raise The key feature of the update is confirmation it’s seeking capital market access pre-October 2022 to redeem, in full, its R1.5bn bridge facility that has interest rates ramping up towards 12% in 2H22. Whilst options are being explored, an...

EOH – Good to Go

After three years of rightsizing and focussing the business, EOH has returned to profitability with an EBITDA from recurring operations of R471m in FY21. The group is significantly leaner following the exit of many businesses – its revenue of R6.9bn from...