Fresnillo Sees Profit Surge, Raises Dividends

FRESNILLO (GB:FRES) has released an update.

Fresnillo PLC reported an upswing in profitability for the first half of 2024, attributed to consistent production, prudent cost management, and favorable precious metal prices, resulting in a generous dividend hike for shareholders. The company is optimistic about achieving its full-year production targets and is focused on efficient operations alongside investing in growth. Notably, increased revenue and cash flow were partly offset by higher production costs due to operational challenges and cost inflation.

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