Covid-19 Media Suppliers Contact us Our websites About us Products Sustainability FutureSmart MiningTM Investors Careers Search Financial results centre We have announced our half year results for 2021 Investors Financial results centre SHARE Twitter Facebook LinkedIn 2021 INTERIM RESULTS Watch the video We have announced our half year results for 2021 You can watch the results presentation or listen to the audio, simply by using the webcast and dial-in details found on this page. All items associated with our Interim Results are included on this page including the press release and presentation slides. To view the webcast, visit: https://edge.media-server.com/mmc/p/vtk4aei8 GENERAL ENQUIRIES Juliet Newth Investor Relations Manager juliet.newth@angloamerican.com Michelle Jarman Investor Relations Analyst michelle.jarman@angloamerican.com Videos Financial highlights Safety and wellbeing Operational updates Highlighted assets 2021 INTERIM RESULTS PRESS RELEASE To read 2021 Interim Results Press Release WEBCAST To view Webcast PRESENTATION View more Presentation ANGLO AMERICAN FOUNDATION PRESS RELEASE To read Anglo American Foundation Press Release ADDITIONAL RETURN PRESS RELEASE To read Additional Return Press Release TRANSCRIPT View more Transcript Further details You can listen to the presentation audio playback using the details below. Playback details: Conference ID: 2890346 Country Access Local Call Dial-In Numbers Free Dial-In Numbers Australia 1800 202 404 1800 202 404 France 0805 101 465 0805 101 465 Germany 0800 723 4756 0800 723 4756 Hong Kong 800 968 718 800 968 718 South Africa 0800 014 552 0800 014 552 Spain 900 828 480 900 828 480 United Kingdom 0800 279 6619 0800 279 6619 United States 1877 870 9135 1877 870 9135 Standard International Dial-in +44 (0) 2071 928 338 +44 (0) 2071 928 338 Highlights CEO Quote “The first six months of 2021 have seen strong demand and prices for many of our products as economies begin to recoup lost ground, spurred by stimulus measures across the major economies. The platinum group metals and copper – essential to the global decarbonisation imperative as we electrify transport and harness clean, renewable energy – and premium quality iron ore for greener steelmaking, supported by an improving market for diamonds, all contributed to a record half year financial performance, generating underlying EBITDA of $12.1 billion. “Against a backdrop of ongoing Covid hardships in many countries, our commitment to do everything we can to help protect our people and communities stands firm. It is in this spirit that we have decided to make a special contribution of $100 million to our Anglo American Foundation to fund more ambitious and longer term health, social and environmental projects, aligned with our Sustainable Mining Plan areas of focus, as we look ahead to the post-pandemic recovery phase. With widespread health protocols in place across our operations, workplace safety has never been higher on our agenda. Building on our considerable improvements in recent years, I’m pleased to report no fatal incidents in the first half of this year. “The resilience of our business through a tough operating environment, supported by the prevailing market conditions, increased our mining EBITDA margin* to 61%. Attributable free cash flow* of $5.4 billion helped reduce net debt to just 0.1 x annualised underlying EBITDA at the end of June. In line with our commitment to disciplined capital allocation, and in addition to our established 40% dividend payout, we will return an additional $2 billion to shareholders, split equally between a special cash dividend and a share buyback, recognising the different preferences of our shareholders, amounting to a $4.1 billion total cash return for the half year. “Our balanced investment programme is driving margin-enhancing volume growth of 20% over the next three years, including copper production from Quellaveco due to come on stream in 2022, and growth of 25–35% in the medium term. Our business is increasingly geared towards providing the future-enabling metals and minerals for a low carbon economy and to meet global consumer demand trends. Combined with our commitment to carbon neutrality across our operations by 2040, we are working to meet the expectations of our full breadth of stakeholders.” Financial Safety and Health Environment People Financial Financial highlights for the six months ended 30 June 2021 Strong market demand and operational resilience deliver underlying EBITDA of $12.1 billion Underlying EBITDA* of $12.1 billion Profit attributable to equity shareholders of $5.2 billion Net debt* of $2.0 billion (0.1 x annualised underlying EBITDA), reflecting strong cash generation $4.1 billion shareholder return, reflecting capital discipline and commitment to return excess cash: $2.1 billion interim dividend, equal to $1.71 per share, consistent with our 40% payout policy $2.0 billion additional return: $1.0 billion special dividend and $1.0 billion share buyback Exit from thermal coal operations: Thungela demerger completed and sale of Cerrejón interest announced $12.1bn Underlying EBITDA $2.0bn Net Debt $2.1bn Interim Dividend Related materials 2021 INTERIM RESULTS TRANSCRIPT View more FIXED INCOME INVESTORS View more RESULTS FACTSHEET Download full PDF Previous Next 1 2 3 4 5 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 ANNUAL RESULTS Read the press release HTML View the presentation slides PDF View the funding factsheet PDF View the Annual Results 2020 factsheet PDF Watch the Chief Executive video VIDEO Read the transcript PDF INTERIM RESULTS 10 Dec 2021 Investor Update Investor calendar Our websites Australia Brazil Chile China Finland Peru South Africa Group Foundation Kumba Iron Ore Platinum Group Metals United Kingdom Sign up for alerts Be notified of any news, reports or updates straight to your email address Sign up and get the latest news Stay in touch Keep up to date on social media or contact us with any other information Facebook LinkedIn Twitter Instagram Flickr Slideshare YouTube Glassdoor Privacy policy Accessibility Terms and conditions Site map Cookie policy Cookies Settings YourVoice UK Modern Slavery Act Copyright © 2021 This site uses first and third party Necessary, Performance and Marketing cookies to enable basic functionality, add personalisation and understand how our site is used, and to show relevant advertisements. 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