“We are delivering very resilient financial results with an improving operational performance helped by our increasingly diversified portfolio,” said outgoing CEO Jakob Stausholm.
“Underlying Ebitda of $11.5-billion and operating cash flow of $6.9-billion, despite a 13% lower iron-ore price, demonstrate the growing contribution from our aluminium and copper businesses and our Pilbara operations' strong recovery from the four cyclones in the first quarter.”