Anglo American has presented an optimistic operational outlook for the next two-three years. The company expects to exceed its 2018 production guidance by 2%, while costs would be 5% lower. In 2019, 3% production growth is targeted, and cost inflation is guided to be offset by productivity improvements. During 2020-21, another 5% annual production growth is targeted. Below is the production summary for the respective divisions – Production outlook Source – Investor Presentation De
12 Dec 2018
An upbeat investor update presentation
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An upbeat investor update presentation
Anglo American plc (AAL:LON) | 2,784 1044.2 1.4% | Mkt Cap: 37,245m
- Published:
12 Dec 2018 -
Author:
Varun Sikka - Pages:
Anglo American has presented an optimistic operational outlook for the next two-three years. The company expects to exceed its 2018 production guidance by 2%, while costs would be 5% lower. In 2019, 3% production growth is targeted, and cost inflation is guided to be offset by productivity improvements. During 2020-21, another 5% annual production growth is targeted. Below is the production summary for the respective divisions – Production outlook Source – Investor Presentation De