Petra Diamonds (LSE: PDL) this morning released its fiscal H1/2020 interim results. The company has already announced its operational and debt figures for the period so key focus is on costs and profit. The EBITDA figure of US$67.2 million, whilst down 11% YoY (down 13% HoH), is comfortably above our forecast and that of consensus. NPAT likewise although still negative. As such net debt has risen to US$596.4 million.
17 Feb 2020
Interim Results – Still Waiting for Markets to Improve
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Interim Results – Still Waiting for Markets to Improve
Petra Diamonds Limited (PDL:LON) | 41.5 -0.3 (-1.7%) | Mkt Cap: 80.5m
- Published:
17 Feb 2020 -
Author:
David Butler -
Pages:
6
Petra Diamonds (LSE: PDL) this morning released its fiscal H1/2020 interim results. The company has already announced its operational and debt figures for the period so key focus is on costs and profit. The EBITDA figure of US$67.2 million, whilst down 11% YoY (down 13% HoH), is comfortably above our forecast and that of consensus. NPAT likewise although still negative. As such net debt has risen to US$596.4 million.