HY Results – Reef mined decreased by 25.6% to 2.1 million metric tons. PGM production (6E) declined by 16.1% to 77.0 thousand ounces, while chrome concentrate production increased by 1.4% to 787.9 thousand metric tons. Revenue slightly rose to $335.3m, but operating profit of $63.5m and EBITDA of $81.2m both decreased by 29.0% and 27.0% respectively. Profit before tax saw a significant decline of 41.8% to $72.4m. Net cash from operating activities increased by 97.8% to $97.1m, and cash and cash equivalents grew by 102.7% to $205.7m. HEPS increased by 13.5% to $0.17. The interim dividend remained unchanged at US 3 cents.
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