REG - Anglo American PLC - Kumba Iron Ore interim results 2024

Anglo AmericanAnnouncement

23/07/2024 07:00

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RNS Number : 3427X  Anglo American PLC  23 July 2024

 23 July 2024
 Anglo American plc notification:

 Kumba Iron Ore Limited interim results 2024

 

Anglo 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:

www.angloamericankumba.com/financial-results
(http://www.angloamericankumba.com/financial-results) .

 

Kumba Iron Ore Limited reported adjusted EBITDA of R15.6 billion (auditor
reviewed), equivalent to approximately $0.8 billion.

 

Below is a reconciliation of Kumba Iron Ore Limited's adjusted EBITDA to its
contribution to Anglo American's underlying EBITDA:

 

 

 US$ billion                                                                         H1 2024
 Kumba Iron Ore Limited reported adjusted EBITDA((1))                                ~0.8
 Adjustments primarily to remove remeasurements from underlying earnings for         ~0.1
 Anglo American and include corporate cost allocation
 Contribution to Anglo American underlying EBITDA (not reviewed)                     ~0.9

 

((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.

 

Anglo American will report results for the six months ended 30 June 2024 on 25
July 2024.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Legal Entity Identifier: 549300S9XF92D1X8ME43

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