Kenmare

Guidance update

  • Sectors : Resource
  • Companies : Kenmare

Ratings and price correct at time of issue.

  • Kenmare

    Closing Price: 443.5p

  • RATING 03/08/16

  • PREVIOUS RATING 07/12/15

    UNDER REVIEW

Person's Name

Colin Grant

Analyst

DAVY VIEW

Following some unexpected issues with the electricity grid and associated power outages, Kenmare now expects 2022 ilmenite production to be 2.7% below our forecast. However, shipments are unaffected. Costs will be slightly higher than forecast due to fuel costs, but pricing strength is currently expected to offset this.

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Nov 25 2022, 08:30 GMT

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