Tuesday, February 20, 2007

Anglo American profit up 46 pct, to return $3 bln

Anglo American Plc, the world's third-largest miner, said on Wednesday it would return $3 billion to investors as it posted a 46 percent rise in annual net profit, at the bottom end of forecasts.
Anglo said in a statement it made a net profit of $5.47 billion in 2006, on revenue up 12 percent at $38.6 billion. The final dividend was raised 21 percent to 75 cents.

Read more at Reuters South Africa

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