Stock Analysis

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

JSE:AMS
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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).
earnings-and-revenue-growth
JSE:AMS Earnings and Revenue Growth July 24th 2024

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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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.