Picture of South32 logo

S32 — South32 News Story

0.000.00%
gb flag iconLast trade - 00:00
Basic MaterialsAdventurousLarge CapHigh Flyer

Brief: South32 Posts Full-Year Adjusted Net Income Of US$1,032 Million

BRIEF-South32 Posts Full-Year Adjusted Net Income Of US$1,032 Million

- South32 Limited S32.AX:

  • SEES FY27 AUSTRALIA MANGANESE ORE PRODUCTION 2,650 - 2,900 KWMT

  • FY REVENUE USD 5,816 MILLION

  • FY ADJUSTED NET INCOME USD 1,032 MILLION

  • FINAL DIVIDEND OF US 5.4 CENTS PER SHARE

  • SIERRA GORDA EXPECTED TO DELIVER COPPER EQUIVALENT PRODUCTION GROWTH OF 5% IN FY27 AND FURTHER 2% IN FY28

  • NOT PROVIDED GUIDANCE FOR FY28 FOR ALUMINIUM VALUE CHAIN BUSINESS

  • RESOLVED TO EXTEND CAPITAL MANAGEMENT PROGRAM TO SEPTEMBER 2027, WITH US$209 MILLION REMAINING TO BE RETURNED TO SHAREHOLDERS

  • FY27 GROUP CAPITALISED EXPLORATION GUIDANCE, INCLUDING EAIS, IS EXPECTED TO INCREASE BY US$36M TO US$80M

  • FY27 CAPITAL EXPENDITURE GUIDANCE FOR ALUMINIUM VALUE CHAIN ASSETS US$300M

  • FY27 CAPITAL EXPENDITURE GUIDANCE FOR BASE METALS AND MANGANESE, INCLUDING EAIS, IS EXPECTED TO INCREASE BY US$395M TO US$1,500M


Further company coverage: S32.AX


((Reuters.Briefs@thomsonreuters.com;))

Recent news on South32

See all news