By continuing to use this website, you agree to our use of cookies. Net profits (NPAT) hit US$4,084 million, equating to a basic EPS figure of AUD 184 cents per share. Prices above are subject to our website terms and agreements. Fortescue had US$4 billion (around A$5.2 billion) in the bank at the end of December, which is over a billion dollars less than the US$5.1 billion (around A$6.7 billion) held at the end of September. The results presentation and a Q&A session will be broadcast via webcast at 9:30 am BST on 6 August 2020. The average Euro US Dollar exchange rate for the first half of 2020 … "Fortescue is continuing to deliver strong results for FY21 across all key measures of safety, production, and cost.". Shareholder Solvency II coverage ratio of 164%, comfortably above risk appetite. This figure is slightly soft on the previous quarter and the December 2019 quarter, during which Fortescue mines 58.5 wmt and 54.6 wmt, respectively. Looking ahead, FMG maintained its 2021 financial year guidance, predicting total ore shipments for the year to fall between 175 million tonnes and 180 million tonnes. This website is owned and operated by IG Bank S.A. Be the first with the news that moves the market, ASX Today: Steady start as US record run goes on, Imugene (ASX:IMU) presents key findings to leading cancer research association, Vulcan Energy Resources’ (ASX:VUL) DLE pilot plant swings into operation, Amid election fallout, Greenland Minerals (ASX:GGG) CEO claims “Kvanefjeld can be readily managed by modern mining methods”, AnteoTech (ASX:ADO) receives CE Mark approval for COVID-19 test, Deloitte: Australian economy is “roaring back”, but full international travel is years away, Renergen (ASX:RLT) signs “landmark” helium sales deal, Currently Trading at Tue, 13 Apr 12:46pm, Fortescue Metals (FMG) is trading slightly lower today despite releasing sturdy production figures for the December quarter of 2020, The company shipped 46.4 million tonnes of iron ore over the December quarter, taking half-yearly shipments to 90.7 million tonnes, According to CEO Elizabeth Gaines, this is the strongest half-yearly production figure in the company's history, Fortescue processed first ore from its Eliwana mine in WA, which is a major step forward in the development of its iron ore operations in the Western Hub region of the Pilbara, At the end of December, Fortescue had US$4 billion (around A$5.2 billion) in the bank and US100 million (around A$130 million) in net debt, The company said preliminary net profit after tax for the first half of the 2021 financial year is between US$4 billion and US$4.1 billion (between roughly A$5.2 billion and A$5.4 billion), In a tough day across the market, Fortescue shares are lower by roughly 3 per cent this morning and trading at $22.95. The company had a great financial year, registering a record net profit after tax of US$4.7 billion and earnings per share of US$1.54, a 49% increase from last year. For the six months to December 2020 Fortescue recorded revenues of US$9.34 billion, up 44% from the same period last year. New York-based Blackstone Group has added further conditions to its proposed buyout of Crown Resorts (CWN) that was unveiled last month. Despite that lukewarm reaction, FMG remains one of the best performing large caps in Australia over the last year, with the pure play iron ore miner up over 100% in that period. Worley (WOR) has won a maintenance and integrity contract from Petroleum Development Oman (PDO). With the miner reporting significantly higher realised prices in the half as a result of rising iron ore prices, FMG reported revenues of US$9,335 million, representing a 44% increase on a year-over-year basis. Looking at the miner's headline shipment results, FMG said it shipped an impressive 90.7 million wet metric tonnes of iron ore during the half, representing a 2% increase on a year-over-year basis. First half year results 2020. DUBAI, U.A.E., 12 November 2020: The Emirates Group today announced its half-year results for its 2020-21 financial year. Glanbia plc has released its financial results for the first half year of the 2020 financial year (HY 2020), noting a “resilient operating performance while navigating the challenges resulting from the Covid-19 pandemic”. M&G plc half year 2020 results. The information on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. According to the company, this is a major step forward in the development of Fortescue's iron ore operations in the Western Hub region of the Pilbara. The company also hit a major milestone during the December quarter as it processed the first ore from its Eliwana mine in Western Australia. Fortescue Metals Group (ASX:FMG) 20.25 0.00 (0.00%) 0%. FMG share price: What’s the outlook following interim results. FMG had US$4 billion at the end of December, down from $5.1 billion, after the payment of $2.2 billion in dividends, $872 million in tax and $1 billion in capital expenditure. Press release Analyst presentation slides Analyst presentation recording. 21 December 2020 / Media Release. Results for the half year ended 31 December 2020. Hear from our CEO Mike Henry and CFO Peter Beaven on BHP's results for the year ended 30 June 2020 Thank you to all of our teams for their incredible effort this year Thanks to the performance of our people and the quality of our portfolio we delivered a strong set of financial results for FY20. St Barbara (SBM) has satisfied conditions to acquire a 70 per cent interest in Australian Potash’s (APC) Lake Wells Gold Project. Hammerson will be announcing its half year results for the six months ending 30 June 2020 on Thursday 6 August 2020. We examine the highlights and market reaction from the miner’s interim results. 25 March 2020 Good progress against key priorities in difficult market conditions Nufarm today announced a loss for the first half of 2020 of $122 million (1H19: $14m). FMG’s claims data has shown that January is when thieves set out to steal from rural properties and when it comes to equine kit, saddles and floats are the most common. Half-year report 2019 (EN) Halbjahresabschluss 2019 (DE) What is the market reaction to FMG’s HY20 results? The information on this site is not directed at residents of the United States and Belgium, or any particular country outside Switzerland and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. Half Year Results 2020. £0.4bn. Company CEO Elizabeth Gaines said the company has been well-placed to meet a sustained strength in demand for iron ore. "Record shipments of 90.7 million tonnes surpassed any half-year since Fortescue's inception," Elizabeth said. Registered address at 42 Rue du Rhone, 1204 Geneva, authorised and regulated by FINMA. Read more. This reflects that the HY20 result is in-line with market expectations. 2020 financial half year results summary. Half Year Results 2020 CSL Limited announced Half Year Results for the period ending 31st December 2019 on Wednesday, 12th February 2020 (AEDT) Full details including a link to the webcast presentation, can be viewed via the link below. Aggreko 2020 Half Year Results Thursday, 6th August 2020 www.global-lingo.com 4 have taken a non-cash exceptional impairment charge of £181 million, and I am going to leave the detail of that to Heath. Fortescue logs in record half-year shipping, earnings and operating cash flow. You can view our cookie policy and edit your settings here, or by following the link at the bottom of any page on our site. Half Year Results 2020. pdf, 889.75 KB. 164 %, comfortably above risk appetite releasing sturdy production figures for the half ending December,!: J-S Jacques, Chief financial Officer profits ( NPAT ) hit $... Cfd trading and how does it work in January: Saddles, floats popular with thieves popular with thieves the... 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