Glencore reported exceptional H1 22 results and rewards. Trading, as expected, again turned out to be a valued differentiator amid highly volatile times. While Industrial was, to a great extent, driven by coal market excesses, ‘relative’ resilience in metals was also encouraging.
Add on top the recent settlement of regulatory investigations, the firm’s leadership has done very well since Ivan Glasenberg’s departure. Overall, Glencore remains our top sector bet, with lower downside risks vis-a-v ....
04 Aug 2022
An extraordinary H1 – in both result and reward terms
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An extraordinary H1 – in both result and reward terms
Glencore plc (GLEN:LON) | 473 0.9 0.0% | Mkt Cap: 57,709m
- Published:
04 Aug 2022 -
Author:
Varun Sikka -
Pages:
4
Glencore reported exceptional H1 22 results and rewards. Trading, as expected, again turned out to be a valued differentiator amid highly volatile times. While Industrial was, to a great extent, driven by coal market excesses, ‘relative’ resilience in metals was also encouraging.
Add on top the recent settlement of regulatory investigations, the firm’s leadership has done very well since Ivan Glasenberg’s departure. Overall, Glencore remains our top sector bet, with lower downside risks vis-a-v ....