Leverage to higher gold price drives 216% increase in Sibanye-Stillwater’s Ebitda
Leverage to the higher gold price drove a 216% increase in earnings before interest tax depreciation and amortisation (Ebitda) to R3.6-billion for Sibanye-Stillwater in the last six months of last year, outgoing CEO Neal Froneman reported on Friday, February 21. Group Ebitda of R6.4-billion for the second half (H2) of 2024 was in line with the R6.4-billion Ebitda for H2 2023.
Leverage to the higher gold price drove a 216% increase in earnings before interest tax depreciation and amortisation (Ebitda) to R3.6-billion for Sibanye-Stillwater in the last six months of last year, outgoing CEO Neal Froneman reported on Friday, February 21. Group Ebitda of R6.4-billion for the second half (H2) of 2024 was in line with the R6.4-billion Ebitda for H2 2023.
