Hochschild Mining 2017 Interim Results

DividendMax Ltd.

Hochschild Mining 2017 Interim Results

2017 Interim Results Highlights

Revenue of $340.8 million (H1 2016: $339.3 million)

Adjusted EBITDA of $136.0 million (H1 2016: $170.3 million)

Profit before income tax of $39.9 million (H1 2016: $60.3 million)

Adjusted basic earnings per share of $0.03 (H1 2016: $0.05)

Cash and cash equivalent balance of $144.5 million as at 30 June 2017 (31 December 2016: $140.0 million)

Net debt of $164.7 million as at 30 June 2017 (31 December 2016: $187.4 million)

$18.5 million of debt repaid in H1 2017

Net debt/annual Adjusted EBITDA of 0.56x as at 30 June 2017 (31 December 2016: 0.57x)

Interim dividend of 1.38 cents per share ($7.0 million)

Brownfield drilling programme ramping up in H2 - starting to deliver positive results

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