• 11/26/2024

Anglo American Lower Profit Tops Hopes, Cuts Payout

Wall Street Journal

Anglo American posted lower full-year underlying earnings that were slightly above consensus but it trimmed its dividend after net profit missed forecasts on weak prices and as it booked $2.1 billion in impairments.

https://www.wsj.com/articles/anglo-american-cuts-dividend-after-profit-plunged-on-impairments-commodity-price-weakness-c92b2b2b