Central Asia Metals (CAML LN) 2020A full year results came in ahead of expectations, putting a challenging but profitable year behind the company. Net revenue of US$160m was down 7% YoY owing to weaker commodity prices but 3% ahead of our forecast, while EBITDA of US$96m was down 11% YoY, but 8% ahead of forecasts combining the impact of the top line with strong cost control and a less severe impact than expected from the Sasa disruption. Net income of US$44m was in line with our forecast. Howev ....
31 Mar 2021
Central Asia Metals: 2020 Full Year Results
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Central Asia Metals: 2020 Full Year Results
Central Asia Metals Plc (CAML:LON) | 203 1 0.2% | Mkt Cap: 369.7m
- Published:
31 Mar 2021 -
Author:
Oliver O’Donnell -
Pages:
21
Central Asia Metals (CAML LN) 2020A full year results came in ahead of expectations, putting a challenging but profitable year behind the company. Net revenue of US$160m was down 7% YoY owing to weaker commodity prices but 3% ahead of our forecast, while EBITDA of US$96m was down 11% YoY, but 8% ahead of forecasts combining the impact of the top line with strong cost control and a less severe impact than expected from the Sasa disruption. Net income of US$44m was in line with our forecast. Howev ....