Loading...
See More

Exxaro falls after profit warning

Nov 30 2012 11:42 Reuters

Company Data

EXXARO RESOURCES LIMITED [JSE:EXX]

Last traded 0
Change -0,31
% Change 0
Cumulative volume 279679
Market cap 46.13bn

Last Updated: 30-09-2014 at 03:34. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

Exxaro says no to Makhado project

Exxaro ups profit on higher prices

Strike at Exxaro called off

Exxaro launches $349m bid for African Iron

African Iron surges after Exxaro bid report

Exxaro to list joint venture on NYSE

 

Johannesburg - Shares of Exxaro Resources [JSE:EXX] fell more than 2% after the diversified mining firm said full-year headline earnings per share are expected to fall by at least 20%.

The company says its coal business is likely to deliver lower profit, due to a decline in prices and smaller volumes.

Exxaro also says it expects lower profits from its nearly 20% stake in Kumba Iron Ore's Sishen mine, which was battered by a strike this year.

Exxaro will release its earnings for the year to end-December on March 7 next year.

The shares are down 2.13% at R154.98.

 
exxaro resources
NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're talking about:

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...