Glencore has launched its first trade receivables securitisation program specifically for its oil and gas marketing business.
The $2.55 billion facility is supported by a consortium of six leading financial institutions and powered by the FIS Supply Chain Finance Platform.
This structured finance initiative is designed to unlock liquidity and streamline operations as part of Glencore’s broader cost and efficiency drive.
https://www.tradefinanceglobal.com/posts/glencore-introduces-trade-receivables-securitisation-program-on-fis-platform/
Glencore Preliminary Results 2025
Glencore reported its preliminary financial results for 2025, showing resilient performance despite challenging market conditions, with strong second-half momentum in copper production and continued portfolio optimization.
Key Details:
Adjusted EBITDA of $13.5 billion, down 6% year-on-year, primarily due to lower coal prices offset by stronger metals pricing
H2 2025 Adjusted EBITDA of $8.1 billion was 49% higher than H1, reflecting improved copper production and higher metals prices
Copper production reached over 500kt in H2 2025, almost 50% above H1, driven by higher grades at KCC, Mutanda, Antapaccay and Antamina
Marketing delivered solid Adjusted EBIT of $2.9 billion, around the midpoint of guidance range ($2.3-3.5 billion)
Net debt remained unchanged at $11.2 billion with a Net debt/Adjusted EBITDA ratio of 0.83x
Recommended total cash distribution of $17c per share (c.$2 billion), comprising $10c base distribution and $7c top-up distribution
Targeting c.1.6 million tonnes of copper production by 2035, with over 1 million tonnes annualised by end of 2028
Completed sale of Viterra stake to Bunge in July 2025; signed MoU to potentially sell 40% of DRC copper and cobalt assets to US-backed Orion consortium
Spot illustrative annualised free cash flow generation of c.$7.0 billion from Adjusted EBITDA of c.$18.1 billion
Why It Matters: Glencore demonstrated strong operational execution with significant second-half improvement, particularly in copper production, positioning itself as a major beneficiary of the energy transition while maintaining financial strength and returning capital to shareholders through its disciplined framework.
https://www.glencore.com/.rest/api/v1/documents/static/d1a49c6b-9771-4bf1-9090-7c136aac8112/GLEN-2025-Preliminary-Results.pdf
Acoin
4 maanden geleden
Interesting day ahead
Lower earning, but $2bn to go to shareholders. I guess delayed gratification is the theme for today 😁
https://www.reuters.com/business/glencore-posts-lower-earnings-returns-2-billion-shareholders-2026-02-18/
Analysts at Berenberg upgraded mining giant Glencore from 'hold' to 'buy' on Wednesday following the group's capital markets day in December.
For the full year, Berenberg expects Glencore to deliver 860,000 tonnes of copper, 951,000 tonnes of zinc, 71,000 tonnes of nickel, 41,000 tonnes of cobalt, 94m tonnes of energy coal and 33m tonnes of steelmaking coal.
"We are not expecting a great deal from Glencore in terms of its dividends for 2026 – rising commodity prices are likely to provide a working capital headwind and we expect net debt of USD $11.7bn at the end of December, above the USD $10bn cap," said Berenberg. "Thus, we expect only a base distribution of USD $0.09 per share."
However, Berenberg noted that Glencore could elect to use the remaining $600m of proceeds from the sale of its stake in Viterra to supplement dividends or buy back more stock.
Berenberg updated its model for its new price deck and the updated capital markets day guidance, with copper becoming "a more dominant part" of its equity story, coupled with M&A upside risk, the German bank lifted its enterprise value/underlying earnings multiple to 6x and its price target from 350p to 480p.
The German bank added that Glencore shares were currently trading on 0.89x net asset value and 3.7x 2026E underlying earnings.
MinceyMcMince
7 maanden geleden
On the move today.
Deze pagina kan door community's gemaakte inhoud bevatten waarvoor Trading 212 niet verantwoordelijk is. Doe altijd je eigen onderzoek. Trading 212 is uitsluitend gericht op orderuitvoering. Wij bieden geen beleggingsadvies of portefeuillebeheer.
Vermogen opbouwen is een gewoonte. Automatiseer je groei aan de hand van een pie.
Beleg volgens kant-en-klare pies, of stel je eigen verdeling samen uit duizenden aandelen en ETF's
Meer informatie
Meer informatie
Bekijk de video
Beleg zelfs in de duurste aandelen zoals Google, Amazon en Apple.
Bekijk de video
Euronext Paris
NYSE, NASDAQ
Xetra, Gettex
Euronext Amsterdam
Bolsa de Madrid
Wiener Börse
London Stock Exchange
Euronext Lissabon
Euronext Paris
NYSE, NASDAQ
Xetra, Gettex
Euronext Amsterdam
Bolsa de Madrid
Wiener Börse
London Stock Exchange
Euronext Lissabon
Bekijk alle handelsinstrumenten
24/7-ondersteuning
Gemiddeld binnen 29 seconden reactie
Begin nu vermogen op te bouwen
Sluit je aan bij 5 miljoen gebruikers
Download de app
Rekening openen
Download de mobiele app
Alle gepresenteerde statistieken zijn wereldwijd. Het aantal klanten vertegenwoordigt gefinancierde Accounts.
Uitstekend
Beoordeeld met 4,6 / 5 op basis van 95.783 beoordelingen op
Trustpilot
Beoordeeld met 4,6 / 5 op basis van 95.783 beoordelingen op
Trustpilot
Uitgenodigd
Simple and easy to use
Simple and easy to use. Nice to see the daily interest added on as well.
Uitgenodigd
Best platform for ISAs of all kinds
I have both stock and share and cash ISA with T212. The platform is a breeze to use, transactions within the accounts and between internal and external accounts are a breeze.
Uitgenodigd
Very good app
Very good app. Easy to see the status of my savings and interest. Feel like they’re responsible well run company
Uitgenodigd
Great starting interest rate making this a fantastic way to save coupled with an intuitive and easy to use app interface making saving easy to understand
Great starting interest rate making this a fantastic way to save
Uitgenodigd
Great from start to finish
My account was set up and the funds transferred seamlessly.
Uitgenodigd
They offer a slick service although I…
They offer a slick service although I could have done with some instructions on how to navigate their app but maybe that’s just me.
Uitgenodigd
Easy to track my cash ISA
Easy to track my cash ISA - daily updates on interest.
Great intro deal on ISA interest.
Uitgenodigd
Competitive interest rates easy to…
Competitive interest rates easy to access website and pay out efficient and quick.
All in all convenient company to deal with.
Very satisfied.
Uitgenodigd
The Cash ISA is easy to use
The Cash ISA is easy to use, simple to add and withdraw funds any time and I haven't had any issues since opening the account.
Uitgenodigd
Just love it
Just love it, have done from day one !
Wish I had this forty years ago, might be a millionaire by now,😂😂
Uitgenodigd
Very prompt and helpful advice from…
Very prompt and helpful advice from online staff with any issues.
Uitgenodigd
Great user experience
Great interface, love the detail shown about where you money is invested and very easy to add funds or move funds
Uitgenodigd
Prudence facilitation. Thanks
Great app. Encouraging money management and genral financial wisdom and knowledge. Thanks
Uitgenodigd
Be smart with money
Great interest rates, reliable access which is amazing
Uitgenodigd
Easy to deposit
Easy to deposit, acct updates quickly, monthly interest, easy access
Uitgenodigd
Convenient and responsive App and great…
Convenient and responsive App and great interest ratea
Uitgenodigd
Very easy to track what is happening…
Very easy to track what is happening with your investment. Website easy to negotiate on initial set up and the app has all the info you need.
Interest rate good for 1st year, I’ll see what is available after that.
Uitgenodigd
Really easy and simple to use and quick…
Really easy and simple to use and quick transfers when needed
Uitgenodigd
Seamless performance and user-friendly…
Seamless performance and user-friendly interface. Would definitely recommend to those who are planning to start their investing journey.
Uitgenodigd
Simple & Easy
I find the app very easy to use.
Very simple. Would reccomend this way of saving to others.
Dit is een aantal positieve klantbeoordelingen
Onze toekenningen
Veelgestelde vragen
Wat is de aandelenkoers van Glencore (GLEN)?
De huidige prijs van Glencore (GLEN) is GBX 519,12.
Wat is de hoogste koers in 52 weken van GLEN?
De hoogste koers in 52 weken voor GLEN is GBX 621,37.
Wat is het 52-weeks dieptepunt van GLEN?
Het 52-weeks dieptepunt voor GLEN is GBX 274,64.
Wat is de wekelijkse prestatie van GLEN?
In de afgelopen week is de prijs van GLEN veranderd met -8,28%.
Wat is de maandelijkse prestatie van GLEN?
In de afgelopen maand is de prijs van GLEN veranderd met -8,78%.
Wat is de 3-maandsrendement van GLEN?
In de afgelopen drie maanden is de prijs van GLEN met -1,66% veranderd.
Wat is het rendement over 6 maanden van GLEN?
In de afgelopen zes maanden is de prijs van GLEN met 31,66%veranderd.
Wat is de jaarlijkse prestatie van GLEN?
In het afgelopen jaar is de prijs van GLEN veranderd met 88,7%.