Harmony Gold Shines with Record Earnings and Dividend
Harmony Gold, a leading gold and copper miner, has released its full-year earnings for FY26, which ended on June. The company's financial performance was boosted by a significant increase in the average gold price received.
The average gold price jumped 35% during the period, resulting in a 34% rise in revenue for Harmony Gold. This increase in revenue also led to an impressive surge in headline earnings per share, which grew by 87%. The miner's financials were further strengthened by record adjusted free cash flow.
As a result of its strong performance, the company has declared a record final dividend. In a statement, CEO Beyers Nel emphasized the significance of Harmony Gold's results, highlighting the benefits of the company's diversified operations and the resilience of its business model in challenging markets.