NCM newcrest mining limited

Feb 15 (Reuters) - Newcrest Mining Ltd (NCM) : Asx appendix 4d...

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    Feb 15 (Reuters) - Newcrest Mining Ltd (NCM) :

    • Asx appendix 4d half year financial report (NCM)
    • HY net profit $81 million versus $180 million
    • HY sales revenue $1.55 billion versus $1.78 billion
    • Says directors have determined that there will be no interim dividend for the half year ended 31 December 2015
    • "Remains comfortable with this level of debt given the near term cash flow outlook of the group"
    • Production guidance for the 2016 financial year remains unchanged
    • Has no present intention to raise equity"
    • "Cost, capital and depreciation guidance for the 2016 financial year remains substantially unchanged"
    • "Maintain a gearing ratio of below 25%"
    • "Total capital expenditure outlook of $480-575 million"
 
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Currently unlisted public company.

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