Capital Limited London Stock Exchange Presentation (1360J)

TIDMCAPD

RNS Number : 1360J

Capital Limited

14 August 2023

 
   For Immediate Release  14 August 2023 
 

Capital Limited

("Capital", the "Group" or the "Company")

(LSE ticker: CAPD)

London Stock Exchange Presentation

Capital (LSE: CAPD), a leading mining services company, will provide a live presentation relating to Half Year Results via the London Stock Exchange platform on 16th August 2023 at 9:00am GMT.

The presentation is open to all existing and potential shareholders, as well as analysts. Questions can be submitted pre-event via your London Stock Exchange dashboard up until 9am the day before the meeting or at any time during the live presentation.

To access the webcast, please register in advance:

https://services.choruscall.za.com/DiamondPassRegistration/register?confirmationNumber=8062409&linkSecurityString=14cd886f1a

Capital Limited consensus summary - 16(th) August 2023: Below is a company compiled consensus summary, reflecting the estimates of our covering analysts. Analysts include Peel Hunt, Stifel, Canaccord Genuity, Berenberg and Tamesis.

 
            H1 Consensus ($m) 
---------------------------------------- 
 Revenue                           154.3 
--------------------------------  ------ 
 EBITDA (adjusted for IFRS 16 
  leases) (1)                      43.8 
--------------------------------  ------ 
 Operating profit                  27.4 
--------------------------------  ------ 
 Net profit after tax (Adjusted 
  for investment gain/(loss)       16.7 
--------------------------------  ------ 
 Net Debt(1)                       64.4 
--------------------------------  ------ 
 

(1) EBITDA and Net Debt are non-IFRS financial measures.

Correction: Q2 Trading Update for the Month ended 30 June 2023

The following correction has been made to Capital Limited's Q2 Trading Update for the Month ended 30 June 2023, which was released on 19 July 2023 at 07:00am under RNS no. 4985G. In the trading update it stated that Capital Limited's non-drilling revenue contributed 36% of total revenue in Q2 2023. However, this was an error and should have read "Non-drilling revenue contributed 32% of total revenue in Q2 2023".

- ENDS -

For further information, please visit Capital Limited's website www.capdrill.com or contact:

   Capital Limited                                                                     [phone] 
   Peter Stokes, Chief Executive Officer                              [e-mail] 

Rick Robson, Chief Financial Officer

Conor Rowley, Investor Relations & Corporate Development Manager

   Tamesis Partners LLP                                                          [phone] 

Charlie Bendon

Richard Greenfield

   Stifel Nicolaus Europe Limited                                          [phone] 

Ashton Clanfield

Callum Stewart

Rory Blundell

Buchanan [phone]

Bobby Morse [e-mail]

George Pope

About Capital Limited

Capital Limited is a leading mining services company providing a complete range of drilling, mining, maintenance and geochemical laboratory solutions to customers within the global minerals industry. The Company's services include: exploration, delineation and production drilling; load and haul services; maintenance; and geochemical analysis. The Group's corporate headquarters are in the United Kingdom and it has established operations in Côte d'Ivoire, Canada, Democratic Republic of Congo, Egypt, Gabon, Ghana, Guinea, Kenya, Mali, Mauritania, Nigeria, Pakistan, Saudi Arabia, Sudan and Tanzania.

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END

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August 14, 2023 02:00 ET (06:00 GMT)