Half year results - December 2024

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Stock Bathurst Resources Ltd (BRL.ASX)
Release Time 25 Feb 2025, 11:34 a.m.
Price Sensitive Yes
 Bathurst Resources Ltd reports half-year results
Key Points
  • Revenue increased by 15% compared to the previous half-year
  • EBITDA grew by 20%, driven by higher production and sales volumes
  • Net profit after tax improved by 12% year-on-year
Full Summary

Bathurst Resources Ltd, a leading coal mining company, has announced its half-year results for the period ending December 2024. The company reported a 15% increase in revenue compared to the previous half-year, driven by higher production and sales volumes. EBITDA grew by 20%, reflecting the company's operational efficiency and cost management initiatives. Net profit after tax improved by 12% year-on-year, showcasing the company's ability to deliver consistent financial results. The company's focus on operational excellence, safety, and sustainability has been instrumental in driving these positive outcomes. Bathurst Resources remains committed to delivering long-term value to its shareholders and stakeholders through its strategic initiatives and prudent management of its coal mining assets.

Guidance

For the full financial year ending June 2025, Bathurst Resources expects revenue to be in the range of $450-$480 million, with EBITDA projected to be between $180-$200 million.

Outlook

Bathurst Resources is optimistic about the future, with a strong pipeline of growth projects and a focus on operational efficiency and cost control. The company is well-positioned to capitalize on the continued demand for coal in the Asia-Pacific region and remains committed to delivering sustainable value to its shareholders.