Exxaro Resources – Revenue up 5%, profit down 28%

Exxaro, a large South African-based diversified resources group, with interests in the coal, energy and ferrous markets released its reviewed condensed group financial statements for the year ended 31 December 2024 (condensed financial statements).

• Revenue of R40.7 billion, up 5% from R38.7 billion, compared to the year ended 31 December 2023.
• Net operating profit of R7.6 billion, down 28% from R10.6 billion
• AEPS of 3 192 cents, down 32% from 4 666 cents
• HEPS of 3 016 cents, down 36% from 4 681 cents
• Final dividend of 866 cents per share, down 144 cents per share from 1 010 cents per share