FRESNILLO PLC ( (FNLPF) ) has released its Q2 earnings. Here is a breakdown of the information FRESNILLO PLC presented to its investors.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Fresnillo PLC, a leading producer in the precious metals mining sector, is renowned for being the world’s largest primary silver producer and Mexico’s largest gold producer, with operations primarily located in Mexico.
Fresnillo PLC reported a robust financial performance for the first half of 2025, driven by favorable precious metals prices and improved operational efficiency. The company announced a significant increase in revenues and profits, alongside a strong balance sheet and a declared interim dividend.
Key highlights include a 30.1% increase in total revenues to US$1,936.2 million, largely due to higher gold prices and volumes sold. Adjusted production costs decreased by 20.2%, contributing to a 102.5% rise in EBITDA to US$1,102.1 million. The company also reported a substantial increase in profit for the period, up 297.3% to US$467.6 million. Operationally, gold production increased by 15.9%, while silver production saw a decline due to the cessation of activities at certain sites.
Looking ahead, Fresnillo PLC remains focused on maintaining productivity and cost control, with adjusted production guidance reflecting recent strategic decisions. The company aims to continue delivering value to shareholders through disciplined operational management and strategic investments in its mining projects.