trending Market Intelligence /marketintelligence/en/news-insights/trending/v78xG_-uTCbWB06jMVnSDw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

Exxaro reports higher FY'18 earnings YOY

Mining Exploration Insights December

Mining Exploration Insights: Dip in gold drilling weighs on results

Mining Exploration Insights: Is the exploration sector back on recovery?

State of the Market: Mining Q2-2019


Exxaro reports higher FY'18 earnings YOY

Exxaro Resources Ltd. on March 14 reported a rise in attributable EPS for 2018 to 28.01 South African rand, from 19.23 rand a year earlier, at the upper end of the range expected by the company earlier in March.

Core headline earnings jumped 14% to 7.17 billion rand from 6.3 billion rand.

Total revenue for the year jumped 12% to 25.5 billion rand. Revenue generated by coal rose 11% to 25.3 billion rand mainly due to higher coal selling prices and higher commercial volumes at Grootegeluk in South Africa, partially offset by a lower-quality product mix.

The company paid a final dividend of 5.55 rand per share, increasing the full-year dividend by 55% to 10.85 rand.

Total coal production in 2018 rose to 47.8 million tonnes from 45.6 million tonnes in 2017. Sales in the period rose slightly to 45.2 million tonnes from 44.5 million tonnes a year earlier. The domestic market was strong throughout 2018, while the export market showed strong demand for most of the year, the company said.