Whitehaven Coal reaffirms H1 guidance

Company News


Whitehaven Coal (ASX:WHC) has reaffirmed H1 guidance reported to the market last month and will release its half year results on the 5th of February.
 
EBITDA of $100 to $105 million is expected for the first half, along with a cash margin to exceed $13 per tonne.
 
Production guidance has also increased to a range of 19.5Mt to 20.1Mt for FY2016.
 
Total coal sales for the December quarter were 4.9Mt, which was more than double the previous corresponding period. 
 
Whitehaven Coal reported a net loss of $342.73 million at 30 June 2015. 

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