Financial PerformanceFranco-Nevada recorded $275.7M in revenue that yielded net income of $152.7M, which came in below the previous year's revenue and net income.
Production IssuesFNV recorded the sale of 110,110 GEOs, equating to a 32% decrease when compared to 3Q23, attributed to the lack of production from Cobre Panama.
Revenue DeclineThe 11% YoY revenue decline is mostly attributable to the production halt at Cobre Panama.