Glencore Plc · LSE:GLEN
Glencore — Shareholder Meeting (May 2018)
8 slides from Glencore's shareholder meeting presentation, May 2, 2018
Slide 1: Annual General Meeting
Annual General Meeting 2 May 2018
Slide 2: Important notice concerning this document including forward looking statements
1 Important notice concerning this document including forward looking statements This document contains statements that are, or may be deemed to be, “forward looking statements” which are prospective in nature. These forward looking statements may be identified by the use of forward looking terminol
Slide 3: Highlights
Highlights Coal train from the Calenturitas mine, Prodeco, Colombia
Slide 4: 2017 Highlights
2017 Highlights 3 • Our strongest performance so far ◦ Adjusted EBITDA(1,2) of $14.8 billion, up 44%; Adjusted EBIT(1,2) of $8.6 billion, up 118% ◦ Net income attributable to equity holders of $5.8 billion, up 319% ◦ Funds from operations of $11.6 billion, up 49% ◦ Recommended 2018 distribution of $
Slide 5: Safety
Safety 4 Nine fatalities from nine incidents in 2017 Total recordable injury frequency rate (per million hours) • Kazakhstan 2, Bolivia 2, South Africa 2, Zambia 1, Italy 1, Peru 1 9.00 Board and senior management committed to improving safety performance 8.05 8.00 2017 progress: • Reduction in fata
Slide 6: Outlook
Outlook Copper anode, Mount Isa copper smelter, Australia
Slide 7: Our outlook
Our outlook 6 • Compelling commodity mix ◦ Leading global producer of “Tier 1” commodities: copper, cobalt, nickel, zinc & thermal coal ◦ “Tier 1” commodity outlooks underpinned by persistent supply challenges and robust demand ◦ Best placed large cap company for energy and mobility transformation •
Slide 8: Annual General Meeting
Annual General Meeting 2 May 2018