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    AAL   GB00B1XZS820

ANGLO AMERICAN PLC

(AAL)
  Report
Delayed Quote. Delayed London Stock Exchange - 04/19 11:35:06 am
3186.5 GBX   -0.41%
09:15aANGLO AMERICAN PLATINUM LIMITED  : quaterly sales release
09:15aANGLO AMERICAN PLC  : quaterly sales release
04/15Anglo American enters deal to power Peru copper mine by renewables
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Anglo American : Kumba Iron Ore Profit Surges on Stronger Prices, Currency

02/23/2021 | 02:34am EDT

By Jaime Llinares Taboada

Kumba Iron Ore Ltd., the subsidiary of Anglo American PLC, on Tuesday posted an improved profit for 2020 driven by stronger prices and currency effects.

The South African iron-ore mining company made a pretax profit of 41.20 billion rand ($2.81 billion), up from ZAR29.25 billion in 2019.

Production declined during the period, but Kumba benefited from stronger iron ore prices and the depreciation of the rand against the dollar. As a result, its earnings before interest, taxes, depreciation and amortization margin improved to 57% from 52%.

The company declared a final dividend of ZAR41.30, bringing the full-year payment to ZAR60.90, up from ZAR46.78 in 2019.

For 2021, Kumba guided for production of between 40 million and 41 million metric tons. This would be up from 37 million tons in 2020.

Anglo American said that it expects to report segmental underlying Ebitda for iron ore, including Kumba, of $2.7 billion.

Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT

(END) Dow Jones Newswires

02-23-21 0234ET

Stocks mentioned in the article
ChangeLast1st jan.
ANGLO AMERICAN PLC -0.41% 3186.5 Delayed Quote.31.97%
PLATINUM -0.39% 1205.432 Delayed Quote.12.21%
All news about ANGLO AMERICAN PLC
09:15aANGLO AMERICAN PLATINUM LIMITED  : quaterly sales release
09:15aANGLO AMERICAN PLC  : quaterly sales release
04/15Anglo American enters deal to power Peru copper mine by renewables
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04/15ANGLO AMERICAN  : Reaches Goal to Source 100% Renewable Energy For South America..
MT
04/15ANGLO AMERICAN  : secures 100% renewables across South American operations
PU
04/14ANGLO AMERICAN  : Goldman Sachs Raises Anglo American PT, Maintains Buy Rating
MT
04/13Peru Election Pits Fan of Castro Against Authoritarian Ex-Leader's Daughter
DJ
04/12ANGLO AMERICAN  : Chilean Copper Mines Operate as Usual Amid Uptick in COVID-19 ..
MT
04/12LONDON STOCK EXCHANGE : FTSE 100 ends lower as miners track lower metal prices; ..
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04/12ANGLO AMERICAN  : Deutsche Bank Lifts Anglo American PT, Maintains Buy Rating
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More news
Financials (USD)
Sales 2021 41 510 M - -
Net income 2021 7 746 M - -
Net Debt 2021 3 280 M - -
P/E ratio 2021 7,30x
Yield 2021 5,45%
Capitalization 55 223 M 55 218 M -
EV / Sales 2021 1,41x
EV / Sales 2022 1,51x
Nbr of Employees 95 000
Free-Float 90,8%
Chart ANGLO AMERICAN PLC
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Technical analysis trends ANGLO AMERICAN PLC
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 21
Average target price 47,77 $
Last Close Price 44,58 $
Spread / Highest target 29,4%
Spread / Average Target 7,17%
Spread / Lowest Target -31,9%
EPS Revisions
Managers and Directors
NameTitle
Mark Cutifani Chief Executive Officer & Executive Director
Stephen Thomas Pearce Finance Director & Executive Director
Stuart John Chambers Chairman
Anthony Martin O'Neill Executive Director & Group Technical Director
Anne L. Stevens Independent Non-Executive Director
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