Glencore reported strong H1 results – with both Industrial and Trading clocking healthy performances. More importantly, this momentum is here to stay – thanks to favourable fundamentals for (green transition) metals, the focus on ‘opportunistically’ tackling coal assets and high chances of commodity markets turning volatile.
While shareholders have been rewarded extraordinarily, fortunately, Glencore avoided going over the board and prioritised balance sheet flexibility. Moreover, with the new ....
05 Aug 2021
‘Industrial recovery + Trading resilience’ fuelled extraordinary but sensible shareholder rewards
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‘Industrial recovery + Trading resilience’ fuelled extraordinary but sensible shareholder rewards
Glencore plc (GLEN:LON) | 467 -29.9 (-1.3%) | Mkt Cap: 57,029m
- Published:
05 Aug 2021 -
Author:
Varun Sikka -
Pages:
4
Glencore reported strong H1 results – with both Industrial and Trading clocking healthy performances. More importantly, this momentum is here to stay – thanks to favourable fundamentals for (green transition) metals, the focus on ‘opportunistically’ tackling coal assets and high chances of commodity markets turning volatile.
While shareholders have been rewarded extraordinarily, fortunately, Glencore avoided going over the board and prioritised balance sheet flexibility. Moreover, with the new ....