Ferrexpo delays dividend decision on virus uncertainty despite profit jump
Share:
(Reuters) - Ferrexpo on Wednesday delayed its decision to declare a final dividend due to the uncertainty caused by the coronavirus pandemic, even as the iron ore pellets producer posted a jump in annual core profit on higher realised prices. The Switzerland-based company's underlying earnings before interests tax, depreciation and amortization rose to $586 million in the year ended Dec. 31, from $503 million a year earlier. "The board has deferred its decision on a final ordinary and/or..