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Antofagasta

Current Price 2254.00p Bid 2252.00p Ask 2257.00p Change 1.35%
Last Updated: 26/04/2024 19:54. Prices delayed by at least 15 minutes.
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Company Overview

Chile-based Antofagasta has grown from humble beginnings in 1888 transporting copper through South America along the railway of the same name, into one of the world's largest copper producers through its huge Los Pelambres, El Tesoro and Michilla mines. The company has three business divisions: Mining, Transport and Water.

Financial Highlights Year Ended 31/12/2023

Revenue
£6,324.50m
Operating Profit/Loss
£1,782.80m
Dividend yield (%)
1.70
Total dividend for year
$n/a
Dividend cover
2.00
P/E Ratio
29.20

Key Personnel

Mr Jean-Paul Luksic
Chairman
Mr Heather Lawrence
Independent Non-Executive Director
Ms María Eugenia
Independent Non-Executive Director
Mr A. E. Michael Anglin
Non-Executive Director
Mr Andrónico Luksic Craig
Non-Executive Director
Mr Juan Claro
Non-Executive Director
Mr Ramon Jara
Non-Executive Director
Mr Tony Jensen
Non-Executive Director
Mrs Francisca Castro
Non-Executive Director
Ms Tracey Kerr
Non-Executive Director
Ms Vivianne Blanlot
Non-Executive Director

Stock Details

EPIC
ANTOL
ISIN
GB0000456144
Shares in Issue
985.86m
Market cap
£22,221.21m

Analyst Views (6)

Strong Buy
 
0%
Buy
 
33.33%
Hold
 
50.00%
Sell
 
16.67%
Strong Sell
 
0%
This information is provided by Web Financial Group (UK) Limited. It is subject to change without notice and doesn't reflect the views held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
2,254.00p
Bid Price
2,252.00p
Ask Price
2,257.00p
Volume
275,365
Change Today
30.00p
% Change Today
1.35%
Open
2,251.00p
Previous Close
2,254.00p
Intraday High
2,268.00p
Intraday Low
2,218.00p
52 Week High
2,276.00p
52 Week Low
1,295.00p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

News

Antofagasta reports 11% drop in first-quarter output 17/04/2024 07:41:42 London close: Stocks reverse losses to finish slightly higher 03/04/2024 16:07:49 Antofagasta signs $2.5bn loan deal to build Centinela concentrator 19/03/2024 10:44:42 Antofagasta FY revenues grow as copper prices stabilise 20/02/2024 08:01:54 London close: Stocks mixed ahead of US Fed, BoE decisions 31/01/2024 15:49:08 Citi lifts price target for Antofagasta after Centinela expansion 31/01/2024 07:54:53 Antofagasta annual copper production rises 2% 17/01/2024 07:20:25 London close: Stocks fall as US inflation comes in hot 11/01/2024 16:34:26 RBC Capital upgrades Antofagasta to 'outperform' 11/01/2024 07:57:40 Antofagasta to go ahead with $4.4bn Centinela concentrator plant 20/12/2023 07:03:08 Antofagasta buys 19% stake in Peru's Buenaventura 15/12/2023 15:18:25 JPMorgan upgrades Rio Tinto to 'overweight' 12/12/2023 12:34:58 RBC Capital upgrades Antofagasta, says risk/reward improving 03/11/2023 09:04:50 Antofagasta forecasts higher 2024 output after strong Q3 18/10/2023 07:20:39 Broker tips: Antofagasta, Spirax-Sarco, Smith & Nephew 10/08/2023 12:01:38 London midday: Markets subdued ahead of US CPI data 10/08/2023 11:59:59 Canaccord optimistic on Antofagasta's H2 output 10/08/2023 11:40:28 London open: Tentative start for FTSE 100 as markets eye US data 10/08/2023 08:25:28 Antofagasta reports decent first-half growth 10/08/2023 07:38:39 London pre-open: Futures edge higher as market awaits US inflation data 10/08/2023 07:04:40 Antofagasta reports production improvement, lowers full-year guidance 19/07/2023 07:59:16

Income Statement

Year End Date
31 Dec 2023
31 Dec 2022
 
$ (M)
$ (M)
Continuing Operations
Revenue
6,324.50
5,862.00
Operating Profit/Loss
1,782.80
1,634.30
Net Interest
32.50
-38.40
Pre-Tax Profit
1,965.50
2,558.90
Profit After Tax from continuing operations
1,299.40
1,955.30
Discontinued Operations
Profit After Tax
n/a
n/a
Profit/Loss for the Year
1,299.40
1,955.30
Attributable to:
Equity Holders of Parent Company
464.30
422.30
Minority Interests
835.10
1,533.00
Total Dividend Paid
$n/a
$n/a
Retained Profit/(Loss) for the Financial Year
n/a
n/a

Earnings per Share

Year End Date
31 Dec 2023
31 Dec 2022
Basic
84.70c
155.50c
Diluted
84.70c
155.50c
Adjusted
72.00c
59.70c
Dividend per Share
$n/a
$n/a

Assets

Year End Date
31 Dec 2023
31 Dec 2022
 
$ (M)
$ (M)
Non-Current Assets
Property, Plant & Equipment
12,678.70
11,543.50
Intangible Assets
n/a
n/a
Investment Properties
n/a
n/a
Investments
1,179.70
995.10
Other Financial Assets
n/a
n/a
Other Non-Current Assets
597.50
477.60
Current Assets
Inventories
671.00
708.10
Trade & Other Receivables
1,117.80
2,087.20
Cash at Bank & In Hand
644.70
810.40
Current Asset Investments
2,274.70
1,580.80
Other Current Assets
483.10
35.60
Other Assets
n/a
n/a
Total Assets
19,647.20
18,238.30

Liabilities

Year End Date
31 Dec 2023
31 Dec 2022
 
$ (M)
$ (M)
Current Liabilities
Borrowings
901.90
432.50
Other Current Liabilities
1,287.40
1,173.30
Total Current Liabilities
2,189.30
1,605.80
Non-Current Liabilities
Borrowings
3,177.30
2,844.50
Provisions
2,082.50
1,998.30
Other Non-Current Liabilities
149.70
145.30
Total Non-Current Liabilities
5,409.50
4,988.10
Other Liabilities
n/a
n/a
Total Liabilities
7,598.80
6,593.90

Net Assets

Year End Date
31 Dec 2023
31 Dec 2022
 
$ (M)
$ (M)
Net Assets
12,048.40
11,644.40

Capital & Reserves

Year End Date
31 Dec 2023
31 Dec 2022
 
$ (M)
$ (M)
Share Capital
89.80
89.80
Share Premium Account
199.20
199.20
Other Reserves
104.50
5.00
Retained Earnings
8,558.40
8,333.50
Shareholders Funds
8,951.90
8,627.50
Minority Interests/Other Equity
3,096.50
3,016.90
Total Equity
12,048.40
11,644.40

Dividend History

Type
Ex-Dividend Date
Payment Date
Payment
Final
18 Apr 2024
10 May 2024
24.30¢
Interim
31 Aug 2023
29 Sep 2023
11.70¢
Final
20 Apr 2023
12 May 2023
50.50¢
Interim
01 Sep 2022
30 Sep 2022
9.20¢
Final
21 Apr 2022
13 May 2022
118.90¢
Interim
02 Sep 2021
01 Oct 2021
23.60¢
Final
22 Apr 2021
14 May 2021
48.50¢
Interim
03 Sep 2020
02 Oct 2020
6.20¢
Final
23 Apr 2020
27 May 2020
7.10¢
Interim
05 Sep 2019
04 Oct 2019
10.70¢
Final
25 Apr 2019
24 May 2019
37.00¢
Interim
06 Sep 2018
05 Oct 2018
6.80¢
Final
26 Apr 2018
25 May 2018
40.60¢
Interim
07 Sep 2017
06 Oct 2017
10.30¢
Final
27 Apr 2017
26 May 2017
15.30¢
Final
27 Apr 2017
26 May 2017
15.30¢
Interim
08 Sep 2016
30 Sep 2016
3.10¢
Interim
17 Sep 2015
08 Oct 2015
3.10¢
Special
08 May 2013
13 Jun 2013
77.50¢
Special
08 May 2013
13 Jun 2013
77.50¢
Special
08 May 2013
13 Jun 2013
77.50¢
Special
08 May 2013
13 Jun 2013
77.50¢

Dividend Metrics

Year End Date
31 Dec 2023
31 Dec 2022
Dividend growth
-39.70%
-58.11%
Dividend yield
1.70%
3.10%
Dividend cover
2.00
1.00


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