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Hochschild mining increases its 2018 interim dividend by 42%

Investment Tools Ltd.
Hochschild mining increases its 2018 interim dividend by 42%

Hochschild mining 2018 interim results

2018 Interim Results Highlights

Revenue of $372.3 million (H1 2017: $340.8 million)

Adjusted EBITDA of $161.9 million (H1 2017: $136.0 million)

Pre-exceptional profit before income tax of $54.9 million (H1 2017: $28.9 million)

Post-exceptional profit before income tax of $38.6 million (H1 2017: $38.9 million)

Adjusted basic earnings per share of $0.05 (H1 2017: $0.03)

Cash and cash equivalent balance of $141.7 million as at 30 June 2018 (31 December 2017: $257.0 million)

Net debt of $67.3 million as at 30 June 2018 (31 December 2017: $102.8 million)

Interim dividend up 42% at 1.965 cents per share totalling $10.0 million (H1 2017: 1.38 cents per share totalling $7.0 million)

Companies mentioned

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