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BRIEF-South32 Ltd posts HY revenue of US$3.22 billion

Published 16/02/2017, 09:12 am
© Reuters.  BRIEF-South32 Ltd posts HY revenue of US$3.22 billion
S32
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Feb 16 (Reuters) - South32 Ltd S32.AX :

* HY underlying earnings from continuing operations $479 million versus $26 million a year ago

* HY revenue US$3.221 billion versus US$2.98 billion

* Interim dividend of US 3.6 cents per share

* Production guidance for FY17 is unchanged for our upstream operations

* Guidance for FY17 capital expenditure, including equity accounted investments, remains unchanged at approximately US$450M

* Depreciation and amortisation, excluding equity accounted investments, of US$760M is now expected in FY17

* Exploration expenditure of approximately US$16M is expected within our existing footprint

* Group is expected to generate a positive franking credit balance in FY17 Source text for Eikon: ID:nASX3SRWVF Further company coverage: S32.AX

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