(Finance) – GlencoreAnglo-Swiss giant of the mining sector, recorded $ 14.4 billion in EBITDA Rectified In 2024, falling by 16%, mainly reflecting the lowest prices of energy coal. THE’Ebit rectified for marketing It was 3.2 billion dollars, in the high end of the long-term forecast of 2.2-3.2 billion, although 8% lower than 2023. A solid performance of Metals and Minerals was more which compensated by the progressive normalization of the energy markets by the serious interruption and the extreme volatility observed in 2022/23. THE Funds from the operations (FFO) They were 10.5 billion dollars, increased by 11%. The net profit attributable to shareholders before significant rumors was 3.7 billion dollars, while the net loss attributable to shareholders was 1.6 billion dollars.
“Our solid operating performancetogether with another strong marketing contribution, supported the generation of a corrected Ebitda of 14.4 billion dollars and funds with operations of 10.5 billion dollars in 2024, falling by 16%, but increasing the ‘11%, respectively compared to 2023 – commented on the CEO Gary Nagle – The decline in the rectified habitda, particularly in the industrial segment, was mainly due to the lower average prices of energy coal year after year “.
“We are pleased to announce about 2.2 billion dollars (about $ 0.182 per action) of yields for shareholders In accordance with our allocation of the capital allocation – he added – we are recommending a basic cash distribution of 0.10 dollars per share (approximately 1.2 billion dollars), together with a “top -up” repurchase of 1 , 0 billion dollars (about $ 0.082 per action). Top up returns will be influenced by a repurchase to be concluded before the publication of our results of the first semester of 2025 on August 6, the date on which we plan to announce further returns for shareholders, taking into account our regular update and reporting of the generation of Free illustrative cash flows at the prices of the spots of the raw materials, which currently amounts to about 4.8 billion dollars.