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Implats to report significant rise in earnings on the back of higher dollar PGM prices

3rd February 2026

By: Creamer Media Reporter

     

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Platinum group metals (PGMs) miner Impala Platinum (Implats) expects to report a 392% to 411% year-on-year increase in headline earnings and headline earnings per share (HEPS) and a 387% to 407% year-on-year increase in earnings and earnings per share (EPS) for the six months ended December 31.

Both headline and basic earnings are expected to be between R9.10-billion and R9.45-billion, and HEPS and EPS between R10.15 and R10.54, respectively.

This compares with the headline earnings of R1.85-billion and HEPS of R2.06 and basic earnings of R1.87-billion and EPS of R2.08 reported for the six months ended December 31, 2024.

Implats attributes the rise in earnings to the significant appreciation in achieved US dollar PGM basket pricing, together with the benefit of "commendable operational" delivery.

The miner's results are due to be announced on March 5.

 

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

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