For the six months to December 2020 Fortescue recorded revenues of US$9.34 billion, up 44% from the same period last year. Fortescue also said that its preliminary net profit after tax (NPAT) for the six months to 31 December 2020 on an unaudited basis in the range of US$4 billion to US$4.1 billion. Net profits (NPAT) hit US$4,084 million, equating to a basic EPS figure of AUD 184 cents per share. Macquarie expects FMG to declare a A$1.37 per share dividend when it reports its half-year results on February 18. Half Year Results to 31 December 2020. Key figures from Lloyd's Half Year Results 2020. Prev article. Half Year Results 2020 CSL Limited announced Half Year Results for the period ending 31st December 2019 on Wednesday, 12th February 2020 (AEDT) Full details including a link to the webcast presentation, can be viewed via the link below. In a tough day across the market, FMG shares are lower by 3.08 per cent this morning and trading at $22.95 at 11:48 am AEDT. 2020 Half Year Results. Net Debt. The market reaction to FMG’s HY20 report is positive, with FMG’s share price is up 1%. 2020 half-year results. Half Year results for the period ended 30 June 2020 13 August 2020 National Express Group PLC: Half Year results for the six months ended 30 June 2020 Overview. I have to mention the photograph there, which is us providing power at an event in Spain. Rural theft peaks in January: Saddles, floats popular with thieves . The year started extremely well with outstanding results in January and February. IG | Sitemap | Terms and agreements | Privacy | Cookies | About IG. The iron ore giant told shareholders this morning its quarterly shipment numbers helped drive the strongest half-year for iron ore shipments in company history. This reflects that the HY20 result is in-line with market expectations. By continuing to use this website, you agree to our use of cookies. Prices above are subject to our website terms and agreements. Looking at the miner's headline shipment results, FMG said it shipped an impressive 90.7 million wet metric tonnes of iron ore during the half, representing a 2% increase on a year-over-year basis. The miner’s commitment to income-focused investors also remained strong in the half, with the Board declaring an interim dividend of AUD$1.47 per share – equal to 80% of H1 net profits. M&G plc half year 2020 results Notes: All figures relate to continuing operations unless otherwise stated. What is CFD trading and how does it work? FMG share price: What’s the outlook following interim results. Company CEO Elizabeth Gaines said the company has been well-placed to meet a sustained strength in demand for iron ore. "Record shipments of 90.7 million tonnes surpassed any half-year since Fortescue's inception," Elizabeth said. Key figures. Despite buoyant iron ore prices, costs inched higher in the half, with C1 costs reaching US$12.78 per wet metric tonne, up from US$12.73 per wet metric tonne in the first-half of 2020. The miner saw this mammoth top-line growth translate well to earnings and net profits, too. With the miner reporting significantly higher realised prices in the half as a result of rising iron ore prices, FMG reported revenues of US$9,335 million, representing a 44% increase on a year-over-year basis. CFDs are leveraged products. Prices are indicative only. Net debt increased to CHF 33.4 billion as at June 30, 2020, compared to CHF 27.1 billion at December 31, 2019. "Fortescue is continuing to deliver strong results for FY21 across all key measures of safety, production, and cost.". 06.08.20. Ore mined during the half increased 3%, coming in at 108.4 million wet metric tonnes and realised prices hit US$114.02 per dry metric tonne. Aggreko 2020 Half Year Results Thursday, 6th August 2020 www.global-lingo.com 4 have taken a non-cash exceptional impairment charge of £181 million, and I am going to leave the detail of that to Heath. Despite that lukewarm reaction, FMG remains one of the best performing large caps in Australia over the last year, with the pure play iron ore miner up over 100% in that period. Overview of half year result Revenue down six per cent to $1,477 million ; Underlying EBITDA of $66 million, down 45 per cent; Free cash flow improved by $170 million Commenting on these results, FMG’s Chief Executive, Elizabeth Gaines, said: 'Fortescue's performance for the first half of FY21 has been outstanding, and we are very proud of the whole team who have delivered our best half year operating and financial results since the Company was established.'. The information on this site is not directed at residents of the United States and Belgium, or any particular country outside Switzerland and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. Results for the half year ended 31 December 2020. Half Year Results to 31 December 2020. These guidance revisions were made on updated exchange rate assumptions, with the miner now assuming a AUD/USD exchange rate of $0.75 (previously $0.70). Nevertheless, the company said its preliminary net profit after tax for the half-year to December 31 is between US$4 billion and US$4.1 billion (between roughly A$5.2 billion and A$5.4 billion). "Delivery of this strategically important project in line with schedule at an industry-low capital intensity was a remarkable effort by the Fortescue team considering the impact of COVID-19 restrictions," Elizabeth said. All activities within the Glanbia group continued throughout HY 2020 (the year … St Barbara (SBM) has satisfied conditions to acquire a 70 per cent interest in Australian Potash’s (APC) Lake Wells Gold Project. Half Year Results 2020. pdf, 889.75 KB. The record half-year results come as Fortescue's realised price for ore grew 42 per cent year on year to total US$114.02 per dry metric tonne (about A$146.86 per dry metric tonne) at the … Read more. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it and as such is considered to be a marketing communication. IG Bank S.A. accepts no responsibility for any use that may be made of these comments and for any consequences that result. 2020 financial half year results summary. M&G plc half year 2020 results. The information on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. What is the market reaction to FMG’s HY20 results? Fortescue logs in record half-year shipping, earnings and operating cash flow. Fortescue had just US$100 million (around A$130 million) in net debt at the end of the quarter. Primary production costs are expected to average between US$13 (roughly A$17) and US$13.5 (roughly A$17.6) per wmt, with total capital expenditure between US$3 billion (around A$3.9 billion) and US$3.4 billion (A$4.5 billion). Half Year Results 2020. Group revenue was AED 13.7 billion (US$ 3.7 billion) for the first six months of 2020-21, down 74% from AED 53.3 billion (US$ 14.5 billion) during the same period last year. The FMG share price is up today 1.77% at time of writing after releasing its half-year results. 25 March 2020 Good progress against key priorities in difficult market conditions Nufarm today announced a loss for the first half of 2020 of $122 million (1H19: $14m). Listen to our FY21 half year Investor and Analyst conference call webcasts: Where relevant, 2019 figures have been restated to include the results of entities acquired prior to the demerger as if those entities had always been combined, in line with merger accounting principles. Fortescue Metals Group (ASX:FMG) 20.25 0.00 (0.00%) 0%. Registered address at 42 Rue du Rhone, 1204 Geneva, authorised and regulated by FINMA. FMGE Result 2021: The National Board of Examinations (NBE) will announce the result of FMGE 2021 June session at natboard.edu.in or nbe.edu.in in online mode.A link to download FMGE result PDF will be available on this page, when announced. 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