Exxaro

Exxaro interim HEPS fell 37% to 1528c (slightly > than middle of guidance) | Revenue +1% to 19bn | Coal production -5% | Sales volumes -1% due to lower Eskom demand (maintenance), offset by ↑ export sales | HY div -30% to 796c | Outlook: Weather & tight supply to support prices offset by higher Australian output & global gas & nuclear demand.
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