Anglo American Platinum (Amplats) on Monday reported generating R3.2-billion free cash flow in the six months ended June 30, and cutting debt by R2.9-billion, despite the lower price environment.
The leading platinum producer’s sales revenue increased by 3% to R30.7-billion, its earnings before interest and tax increased by 12% to R1.5-billion, headline earnings totalled R1-billion and headline earnings were R3.99 a share.
