AngloAmerican Plc : Strength of the performance in H2 2020 confirmed. Favourable outlook. 2021-2022 capex guidance rebased
>Strength of the H2 2020 performance confirmed - During Anglo American's (AA) investor update, its CEO, Mark Cutifani, showed his satisfaction with the group's performance in 2020 despite COVID-19. He was upbeat on the outlook for De Beers (3% of 2020e EBITDA vs 14% in 2018) given: 1/ healthy sales in China (15% of diamond demand), and 2/ the upturn in sales in the US (50% of demand) where the situation following the ‘Thanksgiving’ season is being assessed. On the sup...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.
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.
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