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Davy Research

Kenmare

Q2 production update and reaffirmed guidance

Jul 17 2024, 07:10 IST/BST
Colin Grant
Company Report
6 page(s)

Sectors : Resource

Companies : Kenmare

Ratings and price correct at time of issue.

Kenmare

Closing Price: 325.0p
RATING 03/08/16
OUTPERFORM
PREVIOUS RATING 07/12/15

UNDER REVIEW

Colin Grant

Analyst

DAVY VIEW

Kenmare’s Q2 production update reflects volumes that are in line with expectations, and guidance has been maintained for FY2024 on all metrics. Demand is robust and the company is in a net cash position and looks set to remain so throughout its capital projects. An update on the CEO process is expected shortly.

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Jul 17 2024, 07:10 IST/BST

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Kenmare

Q2 production update and reaffirmed guidance

Kenmare

RATING 03/08/16

UNDER REVIEW

Colin Grant

DAVY VIEW

Download full report with analyst certification and important disclosures