Earnings call transcript: Metair posts higher profit in H1 2026 as debt falls
Metair Investments reported a significant improvement in its first-half profit for the six months ending June 30, 2026, as the South African automotive supplier benefited from cost control, debt refinancing, and better manufacturing efficiency. Despite muted revenue growth, the company's earnings per share turned to a profit, and its EBITDA surged, signaling a more disciplined and resilient business amid weak local vehicle production.
Net debt decreased, and cash flow from operations rose, reflecting a stronger financial position. The company expects a stronger second half, with lower debt and improving operating performance, as it transitions into a growth phase.
Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
