TC

23/02/2017 16:45

Glencore (00805) year net turns black to US$1.38bn

    Glencore (00805) said it reported a net income attributable to equity holders of the parent of US$1,379 million for the year ended 31 December 2016, as compared to the loss of US$4,964 million for the previous financial year.
  Basic and diluted earnings per share were US$0.1.
  The revenue was US$152,948 million, an increase of 3.8% from a year earlier.
  Adjusted EBITDA amounted to US$10,268 million, up 18.1% year-on-year.
  The directors have recommended a 2016 financial year cash distribution of US7 cents per share amounting to US$996 million.

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