Thursday, August 6, 2015

Rio Tinto 6 months: Underlying res 2.9 billion USD, lowers capex forecasts – Dagens Industri

Rio Tinto 6 months: Underlying res 2.9 billion USD, lowers capex forecasts

                  2015-08-06 08:49
             

 (SIX) Mining company Rio Tinto presents underlying  net profit of 2.9 billion dollars (5.1) for the first half  2015th       Net income amounted to $    806 million (4402).       Revenues fell to 18 billion (24.3).       Capital expenditure stood at 2.5 billion (3.8).       The Company's capital investment is expected to be 5.5 billion this year  (Previous forecast less than 7 billion) and less than 6 billion  next year (previous forecast: approximately 7 billion). The forecast for 2017 on  7.0 billion is repeated.       The Company reiterates forecasts for production as recently announced in  associated with the production report for the first half of the year.      Lars Johansson, +46 31 350 64 81  mailto: lars.johansson@six-group.se  www.blogg.six.seSIXNews  SIX News 

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