Eduardo Landin
CEO & Executive Director

Good morning, everyone, and welcome to our presentation of our H1 results. Here with me is Eduardo Noriega, our CFO; and Charlie Gordon in London.

Charlie, please, we can go to Page 3. Okay. Well, first, let me say that we have on H1, the strongest ever half-year financials. We have produced 150,000 ounces, a little bit more. Revenues went up 62%, up to $844 million. Our adjusted EBITDA went up 119% to $492 million. The EPS went up 208% to $0.37. Our attributable all-in sustaining cash cost was $2,448 per ounce gold equivalent. We end up with $309 million in cash, and our net cash position is of $51 million. The dividend that we have established following our policy is $0.04, equivalent to $21 million.

What do we have to do with the rest of the second half? Well, Mara Rosa reorganization is on track. We will talk about during this presentation. Royropata, the environmental permit was submitted to the Peruvian government at the date that we plan to do so. We continue working on Monte do Carmo on engineering, and the decision of the FID will be at the end of the year. We continue having a strong ESG metrics, and we have also reviewed our all-in sustaining cash costs for the end of the year, and the new range is between $2,380 to $2,500 per ounce.

Basically, the reasons for this review is being FX in the different countries that we operate and also the price, the gold and silver price that affects directly

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