Sylvania Platinum Earnings Call Transcripts
Fiscal Year 2026
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Delivered record financial and operational results, with net revenue up 110% and EBITDA up 414% year-on-year. Thaba JV ramp-up is slower than planned but expected to reach capacity by year-end, supporting a positive outlook and continued strong shareholder returns.
Fiscal Year 2025
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Record PGM production and higher prices drove a 28% revenue increase and more than doubled EBITDA. Thaba JV commissioning diversifies revenue with chrome, while strong safety, ESG progress, and robust outlook support continued shareholder returns.
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Strong operational and financial results were achieved, with production and EBITDA up significantly year-over-year. Growth projects like Thaba JV are on track, supporting a robust outlook, while shareholder returns remain a priority through dividends and buybacks.
Fiscal Year 2024
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PGM production was slightly below guidance amid a 36% price drop, but strong cash reserves enabled continued dividends and buybacks. Growth projects like Thaba JV are on track, with robust outlooks for both PGM and chrome markets. Dividend payout exceeded policy minimum.