Valterra Platinum LimitedJSE: VAL

VAL: PGM prices fell sharply, but cost savings and higher sales volumes supported robust margins

· Issued by Valterra Platinum Limited

Net revenue declined 19% year-over-year as PGM prices fell, but cost savings and higher sales volumes supported margins. EBITDA dropped 8% and headline earnings fell 18%, with 2024 guidance unchanged and a strong net cash position maintained.

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