South32 Ltd (JSE:S32)
R 39.4 0.4 (1.03%) Market Cap: 177.95 Bil Enterprise Value: 191.62 Bil PE Ratio: 0 PB Ratio: 1.15 GF Score: 81/100

Half Year 2020 South32 Ltd Earnings Call (Australia Investors) Transcript

Feb 12, 2020 / 11:00PM GMT
Release Date Price: R26.03 (+2.20%)
Operator

Ladies and gentlemen, thank you for standing by. And welcome to the South32 Half Year Financial Results and Outlook FY '20 Investor and Analyst Teleconference. (Operator Instructions) Today's call will begin with opening remarks followed by a question-and-answer session. (Operator Instructions) I would now like to hand the conference over to Mr. Graham Kerr, CEO.

Graham Kerr
South32 Limited - CEO, MD & Executive Director

Thank you. Good morning, everyone. Thanks for joining our financial results conference call for the half year ended 31st December 2019. I'm joined by our Chief Financial Officer, Katie Tovich; and Chief Operating Officers, Paul Harvey and Mike Fraser. Given there is a video providing an overview of our results available on our website, I'll start with a short introduction.

Volatile markets led to a 21% decline in the average realized prices for our key commodities, and we reported underlying EBITDA of $678 million. Free cash flow from operations was $284 million, and we ended the half with a net cash balance of $277 million. We

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot