Overview
- Adjusted EPS reached $1.32, topping estimates, while revenue of $2.37 billion came in slightly below the $2.42 billion consensus.
- Adjusted EBITDA climbed to $1.6 billion, more than doubling year over year, helped by an average realized gold price of $3,490 per ounce.
- Group production increased about 17% year over year, with managed operations delivering 682,000 ounces as Sukari’s first-time inclusion and strong Obuasi output led gains.
- Operating cash flow rose 134% to $1.4 billion and free cash flow increased to $920 million, supporting a $0.91 interim dividend.
- 2025 guidance was reaffirmed and 2026 ranges were provided for production, costs and capital spending, as unit costs rose modestly and capex increased with Sukari’s inclusion.