Anglo American – Higher Prices And Rising Costs Bring Profits Back Down To Earth
February 23 2023 - 3:43PM
ValueWalk
Anglo American plc (LON:AAL) reported full year revenue of $35.1bn,
down 15%. Underlying cash profit (EBITDA) fell 30% to $14.5bn.
Declines were driven by a fall in production volumes, lower prices
for iron ore and copper, as well as higher production costs. A
$1.7bn impairment charge was recognised in association with the
Woodsmith project, due […]
https://www.valuewalk.com/anglo-american-higher-prices-and-rising-costs-bring-profits-back-down-to-earth/
Anglo American (LSE:AAL)
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