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

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

Valterra Platinum LimitedJuly 22, 20243
VAL: PGM prices fell sharply, but cost savings and higher sales volumes supported robust margins

About this update from 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.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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