Kenmare

Q4 production report and 2026 guidance

  • Sectors : Resource
  • Companies : Kenmare

Ratings and price correct at time of issue.

  • Kenmare

    Closing Price: 254.0p

  • RATING 03/08/16

  • PREVIOUS RATING 07/12/15

    UNDER REVIEW

DAVY VIEW

Q4 2025 production is in line with recently revised guidance. Softness in pricing leads to non cash impairments. Guidance for 2026 is to prioritise value over volume leading to lower opex. Capex will decline sharply while shipments increase from selling inventory. We will make no changes to our 2026/27 forecasts.

Download full report with analyst certification and important disclosures

Jan 21 2026, 07:10 GMT

Download