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YORK TIMBER HOLDINGS LIMITED - Unaudited condensed consolidated interim financial results for the six months ended 31 December 2025

Release Date: 26/03/2026 17:30
Code(s): YRK     PDF:  
Wrap Text
Unaudited condensed consolidated interim financial results for the six months ended 31 December 2025

York Timber Holdings Limited
Incorporated in the Republic of South Africa) 
(Registration number: 1916/004890/06)
JSE share code: YRK
ISIN: ZAE000133450
("York" or the "Group" or the "Company")
www.york.co.za

Unaudited condensed consolidated interim financial results 
for the six months ended 31 December 2025

Results overview
- Revenue decreased by 3% to R1 010 million
- Adjusted EBITDA(1) decreased by R36,8 million to R47,5 million
- Debt decreased by R19,2 million
- Net debt stands at R560 million
- Cash generated from operations increased by R58,8 million to R104,5 million
- Biological asset value increased by 5% to R3 414 million
- Net working capital decreased by 17% to R184,2 million
- Earnings per share decreased from 32,22 cents(2) to 15,13 cents
- Headline earnings per share decreased from 30,67 cents(2) to 14,86 cents
- Core earnings(3) per share deteriorated from a loss of 0,09 cents to a loss 
of 6,65 cents
- Net asset value per share increased from 659 cents to 674 cents
- No dividend has been declared for the period ended 31 December 2025 
(2024: Rnil)

(1) Earnings before interest, taxation, depreciation, amortisation, impairment 
and fair value adjustment on biological assets.
(2) The prior period figures have been restated. Refer to note 14 to the 
unaudited condensed consolidated interim financial statements.
(3) Core earnings is defined as basic earnings adjusted for fair value 
adjustments on biological assets after taxation. This is a non-International 
Financial Reporting Standards (IFRS) measure.

About this announcement
This results announcement has been prepared in compliance with the JSE Listings 
Requirements. This announcement is the responsibility of the directors. As the 
information in this announcement does not provide all of the details, any 
investment decision should be based on consideration of the Group's unaudited 
condensed consolidated interim financial statements for the six months ended 
31 December 2025, which are accessible via the following JSE cloudlink: 
https://senspdf.jse.co.za/documents/2026/jse/isse/YRK/Interim26.pdf and can be 
found on the Company's website at: 
https://www.york.co.za/docs/fin/YorkInterim2026.pdf.

On behalf of the Board

Gabriel Stoltz                                    Schalk Barnard
Chief Executive Officer                           Chief Financial Officer

Sabie, Mpumalanga
26 March 2026

Executive directors:
Gabriel Stoltz (Chief Executive Officer)
Schalk Barnard (Chief Financial Officer)

Non-executive directors:
Nonzukiso Siyotula* (Chairperson), Hetisani Mbanyele-Ntshinga* 
Maxwell Nyanteh* (Lead Independent Director), Andries Brink* 
Andre van der Veen, Lindani Dhlamini*, Alton Solomons
Adrian Zetler
(* Independent)

Registered office:
York Corporate Office, 3 Main Road, Sabie, Mpumalanga, 1260

Postal address:
PO Box 1191, Sabie, 1260

Auditor:
Deloitte and Touche

Company Secretary
Kilgetty Statutory Services (South Africa) Proprietary Limited

Sponsor
One Capital Sponsor address: 17 Fricker Road, Illovo, Johannesburg, 2196

Transfer secretaries
Computershare Investor Services Proprietary Limited

Date: 26-03-2026 05:30:00
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