Hochschild Mining increases its 2017 final fividend by 42%

DividendMax Ltd.

Hochschild Mining increases its 2017 final fividend by 42%

Hochschild Mining 2017 final results

Financial highlights

Revenue of $722.6 million (2016: $688.2 million)[1]

Adjusted EBITDA of $300.8 million (2016: $329.0 million)[2]

Profit before income tax of $64.1 million (2016: $108.3 million)

Basic earnings per share of $0.08 (2016: $0.09)

Adjusted basic earnings per share of $0.08 (2016: $0.11)[3]

Cash and cash equivalent balance of $257.0 million as at 31 December 2017 (2016: $140.0 million)

Net debt of $102.8 million as at 31 December 2016 (2016: $187.4 million)

Final proposed dividend of 1.965 cents per share ($10 million) up 42% versus 2016 final dividend (1.38 cents per share)

Companies mentioned