The earnings call presented a strong financial performance with significant growth in revenue and EBITDA, alongside good progress in key projects. However, challenges remain in CapEx execution and operational uncertainties at Los Pelambres and Zaldívar, particularly concerning future water solutions.
Company Guidance
During Antofagasta's 2025 Half Year Results Call, the company reported robust financial performance with a 29% increase in revenues and a 60% rise in EBITDA, resulting in an EBITDA margin of 58.8%, up 25% from the previous year. This growth was driven by higher production of copper, gold, and molybdenum. The company maintained its full-year capital expenditure guidance at $3.9 billion, with $1.6 billion spent in the first half. Key projects, including the Centinela expansion and Pelambres water system project, are on schedule to boost production by 30% upon completion. Additionally, Antofagasta declared an interim dividend of $0.166 per share, aligning with its policy of distributing 35% of net earnings. The company also discussed the expected second-half increase in production due to reduced maintenance activities and advancements in the Zaldívar mine life extension and water solution projects.
Significant Revenue and EBITDA Growth
Revenues increased by 29%, and EBITDA rose by 60% with a strong EBITDA margin of 58.8%, representing a 25% increase from the previous year.
Progress in Key Projects
The expansion at Centinela and Pelambres is on track, promising a 30% increase in production upon completion.
Dividend Declaration
A dividend of $0.166 per share was declared, in line with the company's policy of 35% of net earnings.
Zaldívar Mine Life Extension
The mine life extension permit at Zaldívar was secured, extending operations until 2051, with a focus on future water solutions.
Antofagasta (ANFGF) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ANFGF Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Aug 14, 2025
$28.35
$28.68
+1.19%
Feb 18, 2025
$23.14
$23.00
-0.61%
Aug 20, 2024
$24.11
$24.25
+0.61%
Feb 20, 2024
$21.76
$21.99
+1.05%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Antofagasta (ANFGF) report earnings?
Antofagasta (ANFGF) is schdueled to report earning on Feb 24, 2026, TBA (Confirmed).
What is Antofagasta (ANFGF) earnings time?
Antofagasta (ANFGF) earnings time is at Feb 24, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.