Financial results centre

We have announced our 2025 Annual Results

We presented our 2025 Annual Results on 19 February at 11.00am (CAT). You can watch the results presentation replay which you can register for on this page – or dial replay using the details below.

If you would like to download associated press releases, and presentations from previous results, use the results archive below.

KEY FEATURES
Safety and sustainability focus:
- Fatality free for more than nine years at Sishen and two years at Kolomela
- Nine years of no level 4 - 5 health incidents
- 4% decrease in freshwater withdrawals to 6,971 megalitres
- R58.0 billion of enduring shared value created

Unlock full value of the core:
- Average realised free-on-board (FOB) export price of US$95 per wet metric tonne (wmt ^),
12% above benchmark
- Cost savings of R673 million, R5.1 billion saved since 2024
- Resilient adjusted EBITDA* margin of 46%, up from 41%
- Closing net cash* of R14.9 billion

Disciplined capital allocation:
- Return on capital employed (ROCE) of 46%, up from 41%
- Attributable free cash flow* of R12.0 billion, 17% lower
- Final cash dividend per share of R15.43 and total 2025 cash dividend per share of R32.03

Mpumi Zikalala, Kumba's Chief Executive, said: "Kumba delivered a solid performance, marked by an improved realised price, marginal sales growth and disciplined capital allocation. Amidst an uncertain global trade environment, Kumba's set of financial results reflects the resilience of our business and our strategy.

"Earnings before interest, tax, depreciation and amortisation (EBITDA) of R31.9 billion at an EBITDA margin of 46% and an attributable free cash flow of R12.0 billion, allowed the board to declare a final cash dividend of R15.43 per share, bringing the total cash dividend for the full year to R32.03 per share at a payout ratio of 70% of headline earnings.

"By delivering on our purpose of reimagining mining to improve people's lives, we created R58.0 billion of enduring value in 2025 that benefits all our stakeholders. We also continue to unlock value for the future through our ultra-high dense media separation (UHDMS) investment. "

If you would like to download associated press releases, and presentations from previous results, use the results archive below.