Anglo American Platinum

FY 2023 results: HEPS -71% to R53.30 (guided -67% to -77%). Revenue -24% y/y to R125 bn (est. R121 bn). Divi -81% to R21.30 (est. R24.70). $ PGM / ounce -35% to $1657 (Spot $905). Restructuring to affect ~3.7k jobs. P/FCF of 8.9x, below LT ave.
Click here to read the SENS