July 30, 2020 / 6:17 AM / 13 days ago

Anglo American's first-half profit slumps 39% on COVID-19 lockdowns

LONDON, July 30 (Reuters) - Diversified miner Anglo American said on Thursday first- half profits fell 39% as coronavirus-related lockdowns hit production and it said it was halving its interim dividend.

The London-listed miner posted underlying earnings before interest, tax, depreciation and amortisation (EBITDA) of $3.4 billion in the six months that ended June 30, beating consensus of $3 billion from nine analysts compiled by Vuma.

Anglo nearly halved its interim dividend to 28 cents per share. This was in line with its 40% payout policy.

Reporting by Zandi Shabalala; Editing by Edmund Blair

Nuestros Estándares:Los principios Thomson Reuters
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below