Ferrexpo is to announce an interim dividend of 39.6 US cents per Ordinary Share payable on 26 August 2021 to shareholders on the register at the close of business on 13 August 2021. The ex-dividend date will be 12 August 2021. All dividends are paid in UK Pounds Sterling, with an election to receive in US Dollars.
Other financial highlights include:
Revenues rise by 74% to US$1,353 million, reflecting market conditions and investments in increasing pellet quality.
Underlying EBITDA increases by 147% to US$868 million (1H 2020: US$352 million).
Profit after tax of US$661 million, representing an increase of 165% (1H 2020: US$250 million).
Net cash position of US$213 million (31 December 2020: US$4 million).
Capital investment increases to US$142 million (1H 2020: US$96 million).
