Business

Kumba Iron Ore interim results 2024

Kumba Iron Ore interim results 2024.

articleAnglo American PlcJuly 23, 20243/company/anglo-american-plc/news/kumba-iron-ore-interim-results-2024
Kumba Iron Ore interim results 2024

About this update from Anglo American Plc

[{"type":"text","content":"\n\n\n\n\n\n23 July 2024\n\n\n\n\nAnglo American plc notification:\nKumba Iron Ore Limited interim results 2024\n\n\n\n\n \nAnglo American plc (\"Anglo American\") notes Kumba Iron Ore Limited's announcement of its results for the six months ended 30 June 2024, released this morning to the Johannesburg Stock Exchange and available via the following website link:\nwww.angloamericankumba.com/financial-results.\n \nKumba Iron Ore Limited reported adjusted EBITDA of R15.6 billion (auditor reviewed), equivalent to approximately $0.8 billion.\n \nBelow is a reconciliation of Kumba Iron Ore Limited's adjusted EBITDA to its contribution to Anglo American's underlying EBITDA:\n \n \n\n\n\n\nUS$ billion\n\n\n \n\n\nH1 2024\n\n\n\n\nKumba Iron Ore Limited reported adjusted EBITDA(1)\n\n\n\n\n\n~0.8\n\n\n\n\nAdjustments primarily to remove remeasurements from underlying earnings for Anglo American and include corporate cost allocation\n\n\n \n\n\n~0.1\n\n\n\n\nContribution to Anglo American underlying EBITDA (not reviewed)\n\n\n \n\n\n~0.9\n\n\n\n\n\n\n\n\n\n\n \n(1)        Adjusted EBITDA as disclosed in Kumba Iron Ore Limited's interim report, defined as operating profit before deducting depreciation, amortisation and impairment charges and before adding impairment reversals.\n \nAnglo American will report results for the six months ended 30 June 2024 on 25 July 2024. \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \nLegal Entity Identifier: 549300S9XF92D1X8ME43\n\n","length":5329,"tagName":"div"}]

More updates from Anglo American Plc