Sibanye Stillwater H1 FY26 HEPS more than doubles to 571-631 SA cents; EPS swings to 597-658 SA cents
SBSW•Operational drivers
SA gold adjusted EBITDA rose about 85% as average rand gold price received climbed 35% and gold sold increased 5%.
Recycling adjusted EBITDA increased about 10% as ounces recycled and sold jumped 142% to 2,790,000.
H1 FY26 earnings guidance
Sibanye-Stillwater forecast H1 HEPS of 571–631 SA cents, up more than 200%, on stronger commodity prices and margins.
EPS is expected at 597–658 SA cents, swinging from a 127 SA cents loss a year earlier, helped by sharply lower impairments.
Prior-year comparison and credits
H1 2025 results included R5.1 billion of Section 45X credits; excluding credits, the group said the underlying profitability improvement was stronger.
