https://www.engineeringnews.co.za

Sibanye H1 earnings to fall

24th July 2015

By: Natasha Odendaal

Creamer Media Senior Deputy Editor

  

Font size: - +

JOHANNESBURG (miningweekly.com) – Dual-listed Sibanye Gold on Friday said it expected a double-digit decline in earnings per share (EPS) and headline earnings per share (HEPS) to between 15c and 25c for the six months ended June 30.

This represented a 64% to 78% decrease over the EPS of 69c reported in the corresponding period last year, and a 70% to 82% drop in HEPS compared with the 84c achieved in the first half of last year.

Sibanye expected profit attributable to shareholders for the first half of this year to decrease to between R135-million and R230-million, compared with R533-million for the six months to June 2014.

Despite a solid operational performance and return to profitability in the June 2015 quarter, “operational events” during the preceding quarter, particularly January and February, had dragged the overall performance of the firm during the half-year under review.

Edited by Creamer Media Reporter

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Hanna Instruments (Pty) Ltd
Hanna Instruments (Pty) Ltd

We supply customers with practical affordable solutions for their testing needs. Our products include benchtop, portable, in-line process control...

VISIT SHOWROOM 
Craig Miller Technical Services (CMTS)
Craig Miller Technical Services (CMTS)

CMTS is a leading, well-established EC&I contractor with 37+ years of mining and industrial experience. We execute full-scope EC&I projects with...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.051 0.931s - 140pq - 2rq
Subscribe Now