SCCO Q4 net income $793.9M, up 78% YoY; record FY sales $11.43B

SOUTHERN COPPER CORP/

2024-FY EPS reported $4.34 revenue$11,433,400,000

Q4 net income $793.9M ($1.01 EPS) vs $445.0M ($0.58 EPS) in Q4 2023, a 78.4% increase.
Full-year 2024 net sales record $11,433.4M (+15.5%); net income $3,376.8M (+39.2%).
Adjusted EBITDA margin 54.1% in Q4 vs 46% YoY; operating cash flow $4,421.7M in 2024.
Subsidiary Minera Mexico issued $1B 7-year notes at 5.625% for capex and general purposes.
Board authorized $0.70 quarterly cash dividend + stock dividend; 2025 copper guidance 967k tons.

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