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AAL Anglo American Plc

2,242.00
-44.00 (-1.92%)
Last Updated: 09:41:21
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Anglo American Plc LSE:AAL London Ordinary Share GB00B1XZS820 ORD USD0.54945
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -44.00 -1.92% 2,242.00 2,241.50 2,243.00 2,282.50 2,228.50 2,282.50 301,917 09:41:21
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Miscellaneous Metal Ores,nec 30.84B 283M 0.2116 105.48 30.58B

Anglo American Full-Year Results - Interview with CEO and FD

15/02/2013 7:51am

PR Newswire (US)


Anglo American (LSE:AAL)
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From Jul 2019 to Jul 2024

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LONDON, February 15, 2013 /PRNewswire/ --

In a video interview on video.merchantcantos.com Cynthia Carroll, the outgoing Anglo American CEO, explained the mining group's $1.5b loss for 2012.

Ms. Carroll blamed $4.6b of impairments and a poor macroeconomic performance for pushing Anglo American so far into the red but insisted an underlying profit of $6.8b demonstrated a good operational performance.

"On a more positive note, and partially offsetting the macroeconomic environment, was a strong operational performance," she said.

Finance Director René Médori insisted that the company had a strong balance sheet, with $18b in the coffers, after the impairment charges and higher capital costs. He said a 15% higher dividend showed confidence in the future.

In what will be the CEO's last set of results at Anglo American, Ms. Carroll said: "I am very optimistic about the future of the mining industry and I'm very proud of the role that Anglo American plays."

The interview and transcript are available now on video.merchantcantos.com.

MerchantCantos produces in-depth interviews, documentaries and webcasts with senior company executives. If you would like to contact us, please email prnsupport@merchantcantos.com or phone +44-207-936-1352.


Copyright 2013 PR Newswire

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