Xstrata resumes dividend payments
February 9th, 2010
Filed under: Operator - Xstrata
Mining group Xstrata is to resume dividend payments despite reporting a drop in full-year profits.
The company said its pre-tax profits fell to $1.87bn (£1.2bn) in 2009, down from $6.05bn a year earlier.
Xstrata blamed the fall in profits on heavy one-off costs and lower commodity prices.
Leave a Reply
Please note that your comments will be subject to moderation by the PMEA Blog Administrator.