The Centamin plc proposes a 2022 final dividend, for the year ended 31 December 2022 of 2.5 US cents per share (c.US$29 million), bringing the proposed total dividend for 2022 to 5 US cents per share (c.US$58 million)
Other financial highlights include:
Revenue of US$788 million generated from sales of 438,638 oz at an average realised gold price of US$1,794/oz
Adjusted EBITDA of US$319 million, at a 40% margin
Profit before tax of US$171 million
Basic earnings per share ("EPS") of 6.29 US cents per share
US$43 million of gross cost-savings in 2022, for a cumulative US$116 million delivered of the US$150 million cost-saving target by 2023
Capital structure review completed, establishing a capital allocation framework that balances growth and stakeholder returns
Strong balance sheet with cash and liquid assets of US$157 million, as at 31 December 2022, excluding the US$150 million sustainability-linked revolving credit facility which was announced on 22 December 2022, and
