Ferrexpo PLC on Wednesday posted a better profit for 2020 and suggested another special interim allowance.
The FTSE 250 iron ore pellet manufacturer made a pretax profit of $ 747.9 million last year, up from $ 459.6 million in 2019.
Revenues increased 13% to $ 1.70 billion, reflecting stronger output volumes and destruction.
Ebitda’s core rose 46% to $ 859 million, he said.
Ferrexpo announced a special interim dividend of 39.6 cents a share, bringing the full year total to 72.6 cents – up from 19.8 cents in 2019. In addition, the board has not yet considered a split. final regarding 2020.
For 2021, Ferrexpo said it expects to deliver further increases in production, as pellet production is likely to be higher in the second half, driven by capacity upgrades.
Write to Jaime Llinares Taboada at [email protected]; @JaimeLlinaresT