Report
Emna Ben Bdira ...
  • Maxime Kogge

AngloAmerican Plc : Downward revision to our forecasts with the continuing drop in commodities

>Q4 production data in line, sales beat estimates - The Q4 production data reported last week did not contain any surprises as Anglo had given precise indications on the 2023 results at the investor update of 8 December. We highlight the strong operating performance for Minas Rio (iron ore Brazil), Quellaveco (copper Peru), Collahuasi (copper Chile), platinum group metals (PGM) and De Beers (diamonds). Conversely, production at Kumba (iron ore South Africa) was slowe...
Underlying
Anglo American plc

Anglo American is a global mining company with a portfolio of mining operations and undeveloped resources. Co. is focused on diamonds, copper, platinum group metals (PGMs), and bulk commodities and other minerals. Co.'s segments include: De Beers, which produces rough and polished diamonds; Copper, which produces copper; Platinum, which produces PGMs; Iron Ore and Manganese, which produces iron ore, manganese ore and alloys; Coal, which produces metallurgical coal and thermal coal; and Nickel, which produces nickel.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Emna Ben Bdira

Maxime Kogge

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