Anglo American Platinum interim results

Released: 24/07/2023 07:00:00

RNS Number : 8595GAnglo American PLC24 July 2023

24 July 2023

Anglo American plc notification:

Anglo American Platinum Limited interim results 2023

Anglo American plc ("Anglo American") notes Anglo American Platinum Limited's announcement of its results for the six months ended 30 June 2023, released this morning to the Johannesburg Stock Exchange and available via the following website link: www.angloamericanplatinum.com/investors/financial-results-centre.

Anglo American Platinum Limited reported adjusted EBITDA of R13.4 billion (reviewed), equivalent to approximately $730 million.

Below is a reconciliation of Anglo American Platinum Limited's adjusted EBITDA to its contribution to Anglo American's underlying EBITDA:

US$ million

H1 2023

Anglo American Platinum Limited reported adjusted EBITDA(1)

~730

Adjustments for corporate cost allocation and other items

~(60)

Contribution to Anglo American underlying EBITDA (not reviewed)

~670

(1)   Adjusted EBITDA as disclosed in Anglo American Platinum Limited's annual report, defined as earnings before interest, tax, depreciation and amortisation adjusted to exclude scrapping of assets and the related insurance claim income, profit on sale of assets and remeasurements of loans and receivables.

Anglo American will report results for the six months ended 30 June 2023 on 27 July 2023. 

Legal Entity Identifier: 549300S9XF92D1X8ME43

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