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18 February 2025 |
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Anglo American plc notification: Kumba Iron Ore Limited year end results 2024 |
Anglo American plc ("Anglo American") notes Kumba Iron Ore Limited's announcement of its results for the year ended 31 December 2024, released this morning to the Johannesburg Stock Exchange and available via the following website link:
www.angloamericankumba.com/financial-results.
Kumba Iron Ore Limited reported adjusted EBITDA of R28.1 billion (audited), equivalent to approximately $1.5 billion.
Below is a reconciliation of Kumba Iron Ore Limited's adjusted EBITDA to its contribution to Anglo American's underlying EBITDA:
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US$ billion |
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2024 |
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Kumba Iron Ore Limited reported adjusted EBITDA(1) |
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~1.5 |
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Adjustments for reversal of remeasurement losses on derivatives and other reconciling items, partly offset by corporate cost allocation |
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~0.1 |
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Contribution to Anglo American underlying EBITDA (not audited) |
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~1.6 |
(1) Adjusted EBITDA as disclosed in Kumba Iron Ore Limited's annual report, defined as operating profit before deducting depreciation, amortisation and impairment charges and before adding impairment reversals.
Anglo American will report results for the year ended 31 December 2024 on 20 February 2025.
Legal Entity Identifier: 549300S9XF92D1X8ME43
