Anglo American plc
Anglo American : 2005 results
Mining company Anglo American reported a 39% increase in ‘underlying earnings’ in the year to December 2005.
The company defines underlying earnings as profits attributable to shareholders excluding special items and re-measurements. Special items include items such as significant closure costs, exceptional legal provisions and profit or loss on disposals.
Remeasurements include items such as unrealised gains […]
Anglo American: H1 Results
Anglo American, the mining group, reported record results for the half year to June 2005. The company reported ‘headline’ earnings of $1.8bn, up 43% over last year. Headline earnings (as defined by Anglo American) exclude profits or losses on disposals and profits from associates and minority interests. EBITDA rose 25% at $4.2bn for the period, […]
De Beers’ H1 Results
The 45% owned associate company of Anglo American PLC, De Beers has reported a 21% drop in headline earnings to $336 million in H1 2005 against the corresponding period of 2004.
De Beers (which dominates the global diamond market) contributes less than 15% of Anglo American’s operating profits. The decline in De Beers’ headline earnings, however, […]
Anglo American
Miner Anglo American’s 2004 turnover was up 27.6% to US $31.8bn, EBITDA was up 48.6% to US$7.1bn. Headline earnings (before exceptionals and goodwill, but after tax and minority interest) was up 58.7% £2.7bn largely as a result of higher commodity prices, continuing the strong first half results.
Higher base metal prices (copper, nickel and zinc) […]
Random picks: Admiral | Associated British Foods | BP | Easyjet | Electrocomponents | Hiscox | Old Mutual | Provident Financial | Viridian | Hilton