Franco-Nevada Corporation - FNV.t is a gold focused royalty and stream company with additional interests in platinum group metals and other resource assets. The majority of revenues are generated from high margin assets in North America. |
|
"Franco-Nevada Corporation (TSX: FNV; NYSE: FNV) is pleased to report its results
for the fourth quarter and year end December 31, 2015.
Q4 2015 Highlights
• Record 106,312 Gold Equivalent Ounces1 (“GEOs”), an increase of 14.6% over Q4 2014;
• $121.3 million in revenue (Q4 2014 - $123.0 million);
• Adjusted EBITDA2 of $95.8 million, or $0.61 per share (Q4 2014 - $96.2 million, or $0.62 per share);
• Adjusted Net Income3 of $23.7 million, or $0.15 per share (Q4 2014 - $31.6 million or $0.20 per share);
• Non-cash impairment charges of $62.8 million, predominantly related to oil interests; and
• Net Loss of $31.4 million, or $0.20 per share (Q4 2014 - Net Income of $1.6 million, or $0.01 per share).
2015 Highlights
• Record 360,070 GEOs (2014 - 293,415 GEOs), 22.7% higher than 2014;
• Record $443.6 million in revenue (2014 - $442.4 million);
• Adjusted EBITDA of $339.3 million, or $2.16 per share (2014 - $356.9 million, or $2.37 per share);
• Adjusted Net Income of $88.9 million , or $0.57 per share (2014 - $137.5 million, or $0.91 per share);
• Over $1.0 billion invested in 2015 followed by another $500.0 million in early 2016; and
• Declared dividends of $129.0 million, eighth consecutive year of increases.
|
http://canadastockjournal.blogspot.com/2016/05/franco-nevada-corporation-fnvt.html
No comments:
Post a Comment