Coronado HY24 net income down 92% to $16.2M; declares dividend; reaffirms FY24 guidance

Coronado Global Resources Inc.

2024-Q2 EPS reported $0.10 revenue$1,341,977,000

Revenue $1.34B (-10% YoY); net income $16.2M (-92%); adj. EBITDA $135.4M (-62%).
Declares $0.005/CDI fully franked dividend; payable 18 Sep 2024, record 28 Aug 2024.
Reaffirms FY24 guidance: saleable production 16.4-17.2 Mt, mining costs $95-99/t, capex $220-250M.
Curragh operational improvements complete: removed 4 fleets, Q2 mining cost $91.1/t vs Q1 $125.6/t.
Net debt $4.7M at 30 Jun 2024 vs net cash $191.8M a year ago.

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