Impala Platinum Holdings reviews FY outcomes; initiates FY25 outlook

Impala Platinum Holdings press launch (OTCQX:IMPUY): FY Headline earnings of R2.4 billion or 269 cents per share had been 87% and 88% decrease, respectively. Income of R86.4B (-18.9% Y/Y). The Group generated EBITDA of R12.4 billion, and recorded a free money outflow of R4.0 billion, after incurring money capital spend of R12.3 billion within the interval. The Group’s robust stability sheet positioning was sustained, with closing adjusted internet money of R6.9 billion. No dividend was declared. Steerage: Group 6E refined and saleable manufacturing is predicted to be between 3.45 and three.65 million ounces. Group unit prices are forecast to rise by as much as 5% to be between R21 000 and R22 000 per 6E ounce on a stock-adjusted foundation. Group capital expenditure is forecast to be between R8 billion and R9 billion, inclusive of progress capital of between R0.9 billion and R1.1 billion. This steering assumes alternate charges of R18.25/US$ and C$1.33/US$, respectively.