Ferrexpo double their dividend to 6.6 US cents

DividendMax Ltd.

Ferrexpo double their dividend to 6.6 US cents

Ferrexpo have declared an interim ordinary dividend that is up 100% to 6.6 US cents (1H 2018: 3.3 US cents)

Other financial highlights include: 

Revenue up 28% to US$787 million due to higher iron ore fines prices and an increase in sales volumes

Underlying EBITDA A up 59% to US$372 million (1H 2018: US$234 million) 

Profit after tax up 78% to US$270 million

Net debt A reduced to US$282 million (31 December 2018: US$339 million) 

Capital investment doubled to US$114 million

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