AngloGold Ashanti delivers nine-fold increase in 2024 free cash flow* to $942m versus prior year; Adjusted EBITDA* +93% year-on-year and H2 dividend growth of 263% to 69 US cents per share; total cash costs* +4% for FY 2024, below group inflation
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AngloGold Ashanti reported a significant increase in its 2024 financial performance, with a nine-fold rise in free cash flow to $942 million and a 93% increase in adjusted EBITDA. The company also announced a 263% growth in its H2 dividend to 69 US cents per share, while total cash costs rose by 4%, remaining below group inflation. Additionally, AngloGold Ashanti introduced a new dividend policy and provided guidance for 2025.
February 19, 2025 | 11:30 am
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AngloGold Ashanti's 2024 results show a nine-fold increase in free cash flow and a 93% rise in adjusted EBITDA. The company also announced a 263% increase in H2 dividends and a new dividend policy, indicating strong financial health and potential for future growth.
The significant increase in free cash flow and adjusted EBITDA, along with a substantial rise in dividends, suggests strong financial performance and shareholder returns. The new dividend policy further indicates confidence in future earnings, likely boosting investor sentiment and stock price.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100