COMPANIES: Amplats reports a dip in annual earnings, but a stellar year on mine safety

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 84%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

Anglo American Platinum (Amplats) had its best safety year ever in 2022, with no employee killed on the job at the mines it manages. Meanwhile, the full-year earnings for the Anglo American unit fell from record levels on lower prices and grades and ...

At first glance, its earnings for 2022 look a damp squib compared with 2021. Adjusted Ebitda – earnings before interest, taxes, depreciation and amortisation – were down 32% to R73.9-billion. The dividend per share was 62% lower to R115/share or R30-billion. And so on.

“This financial year has seen us navigate a complex operating environment, with macro-economic challenges, supply chain disruptions, socioeconomic unrest, and electricity load-curtailment, as well as some operational headwinds of our own. However, we have seen good levels of resilience across our operations,” said CEO Natascha Viljoen.

Lower grades – which refer to the amount of metal per tonne of rock mined – at the jewel in Amplats’ crown, its mechanised Mogalakwena mine, and delays in the planned rebuilding of its Polokwane smelter because of “substandard materials”, impacted sales and reduced revenue by 24%. Cost inflation also ate into margins.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Safety must always be a priority over profit!

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 3. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Headline earnings fall for AmplatsAnglo American Platinum, the world’s biggest platinum producer, declared a R9bn final dividend in 2022 after headline earnings fell on softer metal prices and a decline in sales volumes.
Fonte: SundayTimesZA - 🏆 47. / 51 Consulte Mais informação »

Headline earnings fall for AmplatsAnglo American Platinum, the world’s biggest platinum producer, declared a R9bn final dividend in 2022 after headline earnings fell on softer metal prices and a decline in sales volumes.
Fonte: TimesLIVE - 🏆 28. / 59 Consulte Mais informação »

High costs and lower volumes slash Amplats earnings nearly 40%The full dividend for 2022 will be about 60% smaller than 2022’s R80bn pay out
Fonte: BDliveSA - 🏆 12. / 63 Consulte Mais informação »