Exxaro delivers record coal output, sales; ups total dividend

Empowered diversified miner Exxaro Resources achieved a robust financial performance for the year ended December 31, 2018. The company reported record coal production, sales and exports, while its revenue increased by 12% year-on-year to R25.5-billion. Its earnings before interest, taxes, depreciation and amortisation (Ebitda) increased by R4.5-billion year-on-year to R7-billion.