By Lehlohonolo Lehana.
Photo Credit: Kumba Iron Ore.
Anglo American iron-ore company Kumba delivered a solid 2025 performance, marked by an improved realised price, marginal sales growth and disciplined capital allocation.
The group declared a final cash dividend of R15.43 per share, taking the total dividend for the year to R32.03 per share.
Earnings before interest, tax, depreciation and amortisation (Ebitda) reached R31.9 billion, with an Ebitda margin of 46% – up from 41% – while attributable free cash flow came in at R12 billion.
Closing net cash stood at R14.9 billion.
Kumba achieved an average realised free-on-board export price of $95 (R1 524) per wet metric tonne, 12% above the benchmark, and reported cost savings of R673 million, bringing cumulative savings since 2024 to R5.1 billion.
Return on capital employed improved to 46%, also up from 41%.
Kumba CEO Mpumi Zikalala described the good set of financial results as reflecting the business resilience and strategy.
“We created R58-billion of enduring value in 2025 that benefits all our stakeholders. We also continue to unlock value for the future through our ultra-high dense media separation (UHDMS) investment,” Zikalala remarked.