Petra Diamonds Limited · LSE:PDL
Petra Diamonds — H1 FY2025 Earnings Presentation
9 slides from Petra Diamonds's earnings presentation, Jan 21, 2025
Slide 1: H1 FY 2025 Operating Update
H1 FY 2025 Operating Update 21st January 2025
Slide 2: Your presenters
Your presenters H1 FY 2025 Operating Update 9.30am GMT, Tuesday 21st January 2025 Richard Duffy, CEO Please see press release here: www.petradiamonds.com/investors/news/ Johan Snyman, CFO Vivek Gadodia, CRO 2
Slide 3: Highlights vs H1 and H2 FY 2024 – safety and production
Highlights vs H1 and H2 FY 2024 – safety and production Safety (LTIFR) Safety (LTI) Ore processed (Mt) Diamonds produced (Mcts) 0.23 6 6.2 1.43 1.40 5.8 5.9 1.30 0.17 5 5 0.15 H1 FY24 H2 FY24 H1 FY25 H1 FY24 H2 FY24 H1 FY25 H1 FY24 H2 FY24 H1 FY25 H1 FY24 H2 FY24 H1 FY25 3
Slide 4: Petra’s product mix continues to outperform overall market
Petra’s product mix continues to outperform overall market Petra’s av. price split by run-of-mine (ROM) and Exceptional Rough diamond price index1 Stones (US$15 million or higher)2 250 250 US$/ct Index (US$, rebased to 100) 200 200 150 150 100 128.2 100 50 0 50 Q4 2007 Q2 2008 Q4 2008 Q2 2009 Q4 200
Slide 5: Highlights vs H1 and H2 FY 2024 – financial
Highlights vs H1 and H2 FY 2024 – financial Revenue1,2 (US$m) Average carat price (US$/ct) Consolidated net debt (US$m) 1.50 188 178 225 113 119 112 212 201 146 H1 FY24 H2 FY24 H1 FY25 H1 FY24 H2 FY24 H1 FY25 31-Dec-23 30-Jun-24 31-Dec-24 Note 1: Revenue reflects proceeds from the sale of rough diam
Slide 6: Execute on the refinancing of Petra’s outstanding debt in 2025
Petra’s Restructuring Plan Key objectives Integrated plan to focus on the following main workstreams 1. Ensure delivery of sustainable net cash generation from Workstream 1: Non-labour cost reduction FY25 onwards (even in current market conditions), i.e. Business Plan not dependent on a price recove
Slide 7: Outlook and business resilience
Outlook and business resilience Operations Diamond market ✓ Re-focus on safety following temporary increase early in ✓ Subdued demand for rough diamonds at end of CY 2024 FY 2025 ✓ Recent reports of stronger online US jewellery and Indian ✓ Finsch performance improvement through H1 FY 2025 with dema
Slide 8: Q&A
Q&A
Slide 9: Thank you
Thank you Please email investorrelations@petradiamonds.com with any further questions