South African miner Exxaro reports 1H earnings with strong cash flow but a drop in adjusted equity-accounted income.
Exxaro Resources reported first-half revenue of R22.1 billion and non-GAAP earnings per share of R13.77. Cash generated by operations rose 15% to R6.1 billion, while adjusted equity-accounted income fell 39% to R1.4 billion.
The company reaffirmed its fiscal 2026 outlook and declared an interim dividend of R7.00 per share. Prior-year comparisons were not provided in the release, but the results reflect mixed performance amid operational challenges.
No immediate market reaction was disclosed in the release.