Anglo American Platinum First Half 2024 Earnings: EPS: R24.03 (vs R29.39 in 1H 2023)

Anglo American Platinum (JSE:AMS) First Half 2024 Results

Key Financial Results

• Revenue: R52.2b (down 19% from 1H 2023).
• Net income: R6.32b (down 18% from 1H 2023).
• Profit margin: 12% (in line with 1H 2023).
• EPS: R24.03 (down from R29.39 in 1H 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Anglo American Platinum Earnings Insights

Looking ahead, revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Metals and Mining industry in South Africa.

Performance of the South African Metals and Mining industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for Anglo American Platinum that we have uncovered.

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