Fresnillo Plc has declared an interim dividend of 3.40 US cents per Ordinary Share totalling US$25.1 million, which will be paid on 14 September 2022 to shareholders on the register on 12 August 2022.
Other Financial Highlights:
- Adjusted Revenues of US$1,349.0m, down 12.6%; 91% of this mainly due to lower gold volumes and 9% due to lower silver prices.
- Revenues of US$1,259.1m, down 14.2%.
- Gross profit and EBITDA of US$365.9m and US$459.1m, down 39.7% and 38.5%, respectively.
- Profit from continuing operations before net finance costs and income tax and profit before income tax of US$218.2m and US$155.2m, down 53.8% and 65.1%, respectively.
- Profit for the period of US$141.0m, down 54.3%.
- Basic and diluted EPS from continuing operations of US$15.9 cents per share, down 61.2%.
- Adjusted EPS of US$19.4 cents per share, down 53.1%.
- Cash generated from operations, before changes in working capital, of US$459.5m, down 38.8%.
- Free cash flow of US$93.5m in 1H22 (US$305.1m in 1H21).
- Strong balance sheet with cash and other liquid funds as at 30 June 2022 of US$1,151.9m (31 December 2021: $1,235.3m); net debt/EBITDA of 0.02x (31 December 2021: -0.06x).
