FY20 performance reflects COVID-19 shutdown disruption Welfare support to employees and direct COVID-19 related costs of R75 million Rapid recovery in H2 demand led to…
Energy Storage
Produces and trades energy storage products and solutions, to original equipment manufacturers, the automotive aftermarket and industrial customers. Metair produced more than nine Gigawatt hours in 2020.
Global Presence
As at the end of 2020, the company holds investments in and manages 11 South African and five international operations that manufacture, assemble, distribute and retail energy storage solutions and automotive components in Africa, Europe, the Middle East, Turkey and Russia.
Automotive Components
Produces and sells components mainly to original equipment manufacturers in South Africa to manufacture cars and light commercial vehicles. Metair produced parts for more than 400 000 vehicles in 2020 (normally more than 600 000).
Latest News
Revenue declined 27% to R3.9 billion on lower volumes Focused cost containment limited operating loss to R18 million EBITDA down to R139 million and headline…
Revenue increased 9.4% to R11.2 billion EBITDA improved by 4.6% to R1.4 billion HEPS increased to 336 cents Cash generated from operations up 40% to…
HEPS grew 21% to 160 cents per share EBITDA 19% higher at R699 million Operating profit up 21% to R499 million Revenue increased 19% to…