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Exxaro shares surge on stronger first-half earnings

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Ben Magara, CEO of Exxaro Resources, unpacks the company’s interim results with Stephen Grootes. The miner posted an 11% rise in profit to R4.1 billion for the six months to June, while headline earnings per share climbed 13%. Revenue grew 8% year on year to R20.6 billion, lifted mainly by its coal operations. Stronger volumes and firmer price realisations helped offset pressure from softer commodity prices.

The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.  
  
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