ARI earnings rise 19% to R3,201 million; final dividend R7.00
African Rainbow Minerals (ARI) reported headline earnings rose 19% to R3,201 million, citing strong cash generation. The firm also declared a final dividend of R7.00 per share.
Story updates
05:16:13 AM UTC
SquawkNews
Headline earnings rose 19% to R3,201 million, with strong cash generation and a final dividend of R7.00/share declared. Major growth projects at Bokoni and Nkomati were approved, while ARM Platinum delivered a significant earnings turnaround on higher PGM prices.Original document: African Rainbow M…
Headline earnings rose 19% to R3,201 million, with strong cash generation and a final dividend of R7.00 per share.
ARM Platinum earnings surged on higher PGM prices, while ARM Ferrous and Coal segments faced headwinds from lower prices and a stronger rand.Original document: African Rainbow Minerals…