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BRIEF-Russia's Polymetal says H1 net earnings down 27 pct y/y
August 29, 2017 / 6:22 AM / 3 months ago

BRIEF-Russia's Polymetal says H1 net earnings down 27 pct y/y

Aug 29 (Reuters) - Polymetal International Plc says:

* H1 net earnings at $120 million versus $165 million in H1 2016;

* H1 adjusted EBITDA at $257 million, down 12 percent year-on-year;

* An interim dividend of $0.14 per share (H1 2016: $0.09 per share), representing 50 percent of the group’s underlying net earnings for H1 2017, is proposed by the board.

* Polymetal remains on track to meet its 2017 production guidance of 1.40 Moz of gold equivalent. Source text for Eikon: Further company coverage: (Reporting by Moscow Newsroom)

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