Overview
- Adjusted EPS came in at $1.32 versus $1.21 expected, while revenue of $2.37 billion missed the $2.42 billion consensus.
- Adjusted EBITDA more than doubled to $1.6 billion as operating cash flow rose 134% to $1.4 billion and free cash flow reached $920 million.
- Gold production increased 17% year over year, led by Obuasi, Kibali, Geita and Cuiabá, with Sukari’s first-time inclusion boosting volumes.
- The average realized gold price climbed to about $3,490 per ounce, with cash costs at $1,225/oz and AISC at $1,720/oz; total capex rose to $388 million, including $281 million sustaining.
- The board declared a $0.91 interim dividend made up of the 12.5-cent minimum plus half of quarterly free cash flow, as the company reaffirmed 2025 guidance and outlined 2026 ranges, and shares traded higher after the release.