BRIEF-Lonmin expects 2015 sales to be back end loaded into second half

miércoles 31 de diciembre de 2014 05:39 GYT
 

Dec 31 (Reuters) - Lonmin Plc :

* Operational update

* Safely stopped its number two furnace following detection of electrode breaks in furnace

* Stoppage, which is not expected to exceed 21 days, should allow integrity of furnace conditions to be safely addressed

* Expect 2015 sales to be back end loaded into second half of 2015 financial year

* Three smaller pyromets continue to operate

* Expect net borrowings to further increase at end of March 2015 as a direct result of lower sales volumes in first half

* Expect an increased build up of concentrate stocks which we expect to unwind by year end Source text for Eikon: Further company coverage: (Bengaluru Newsroom; +44 207 542 1810)