London · Delayed Price · Currency is GBP · Price in GBX Central Asia Metals Earnings Call Transcripts
Fiscal Year 2025
-
Strong 2025 results with $102M EBITDA and $80M cash, driven by higher commodity prices and cost control. Sasa impairment impacted net income, but robust Free Cash Flow supported top-end dividends and a completed $10M buyback.
-
Strong H1 2025 operational and financial performance with Kounrad on track for guidance and Sasa facing grade challenges but maintaining cash generation. Interim dividend halved and supplemented by a $10 million buyback, keeping total returns steady. Major capital projects completed, robust ESG progress, and active pursuit of growth opportunities.
-
H1 2025 saw strong operational and financial performance with $99.5 million revenue and $39.9 million EBITDA, supported by robust copper and zinc output, zero lost time injuries, and a $10 million share buyback. Sasa faces grade variability, but guidance is maintained.
-
The AGM covered strong 2024 financial results, approval of a final dividend, and updates on mine modernization, sustainability, and disciplined growth plans. Shareholders discussed capital allocation, share buybacks, and operational challenges, with management reaffirming a focus on accretive growth and efficiency.
Fiscal Year 2024
-
Revenue grew 5% to $214.4 million with EBITDA of $101.8 million and strong free cash flow, supporting a GBP 0.18 dividend. Kounrad met production guidance, SASA was slightly below due to transition projects, and CapEx fell as major projects neared completion. Robust cash position and favorable market conditions support continued shareholder returns.
-
Gross revenue for H1 2024 was $103.8 million with EBITDA of $49.1 million and free cash flow of $30 million. Production guidance for both Kounrad and Sasa remains on track, and an interim dividend of £0.09 per share was declared. Cash balance stands at $56.3 million, with continued focus on growth and sustainability.