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Anglo Platinum: mixed responses – Financial Mail

Anglo Platinum: mixed responses – Financial Mail

Without the burden of one-off restructuring costs and write-downs, Anglo American Platinum’s headline earnings would have increased by about 37% for the past year to December, when compared with 2014. Including the costs of adapting to a weak platinum price, its headline earnings will instead drop by about 90%. The comparison with 2014 looks good only because there was a five-month strike in that year. Abdul Davids comments.
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