ANTOFAGASTA

European markets recover slightly, the DAX rises 0.3% to 26,061 points, supported by calming bond markets and a stable oil price. Mining stocks gain around 2.5%, with Antofagasta climbing just over 4% after a recovery in precious metal prices. German purchasing manager indices show a mixed picture: industry with good sentiment, services weaker. Individual stocks: Thyssenkrupp strong after a positive analyst comment, Fielmann cuts its outlook and falls sharply. » Altro su finanzen.net

Antofagasta reported adjusted EPS of 0.859 USD (forecast 0.7533 USD) and EBITDA of 2.84 billion USD, driven by higher copper prices and cost control. Revenue was slightly below expectations at 4.48 billion USD. Due to severe winter storms at Los Pelambres, the company lowered its full-year copper production guidance to 625,000–655,000 tonnes (previously ~680,000). The interim dividend rose to 0.301 USD and the stock fell about 4.9% following the production revision. » Altro su de.investing.com

Antofagasta reported an 18% rise in revenue to USD 4.5bn for H1 2026 and EBITDA of USD 2.8bn (+27%), lifting the EBITDA margin to 63.4% and increasing profit before tax by 72%. Net cash costs fell by 8% and the efficiency program delivered savings of USD 67m; the USD 110m target for the year remains in place. Production was lower due to reduced ore grades and weather-related disruptions; management expects production to rise by about 30% after the planned brownfield projects are completed by 2027. The stock reacted little, trading almost unchanged near its 52-week high. » Altro su de.investing.com