Anglo American Platinum is still rolling in cash but its best days may be behind it. The FM speaks to Amplats CEO Natascha ViljoenAnglo American Platinum is still rolling in cash — it paid out 80% of interim earnings in normal and special dividends despite a 43% drop in interim headline earnings per share. But with a sell call by a consensus of analysts, are its best days behind it? The FM speaks to Amplats CEO Natascha Viljoen.
Your mining ebitda [earnings before interest, tax, depreciation and amortisation] margin this time last year was a record 71%; it’s dropped to 59% but that’s still way above your target of 35%-40%. Are investors living on borrowed time here?..If you have already registered or subscribed, please sign in to continue.
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Bye-bye PGM bonanza?The music’s still playing in the PGM members’ club, but Amplats may be unable to hang onto record margins as prices wane.
Source: FinancialMail - 🏆 20. / 63 Read more »
Bye-bye PGM bonanza?The music’s still playing in the PGM members’ club, but Amplats may be unable to hang onto record margins as prices wane.
Source: FinancialMail - 🏆 20. / 63 Read more »