Resources giant Anglo’s H1 profit beats forecasts


  • Business
  • Saturday, 09 Aug 2003

LONDON: Resources giant Anglo American plc unveiled a 2% rise in half-year profit yesterday, well above forecasts, but said the outlook for its key businesses remained challenging. 

“The low growth forecasts for the US, Japan and much of Euroland remain of concern. Against this background and the prospect of a continued strong (South African) rand...the outlook for our key businesses remains challenging,” chief executive Tony Trahar said. 

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