Coronado Q1 revenue $668M, sales 3.7Mt; reaffirms FY24 guidance

Coronado Global Resources Inc.

2024-Q1 EPS reported -$0.17 revenue$668,149,000

Group revenue $668M for March quarter; closing cash $225M; capital expenditure $72M.
Saleable production 3.4Mt impacted by two tropical cyclones in Queensland; strong March and April rates.
Realized met coal price $204.3/tonne, up 3% vs prior quarter; U.S. segment not impacted by Baltimore bridge collapse.
Curragh pre-strip deficit works complete; 4 fleets demobilised; cost reduction expected from April.
Growth projects on budget; Mammoth Underground first coal Dec 2024; Buchanan expansion early 2025.

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