Amplats to contribute 175m pound profit to Anglo American for 2013

3rd Feb 2014 12:57

Anglo American will report a contribution to underlying earnings for its full year ended December 31st from its stake in Anglo American Platinum of 175m pounds. The figure included a tax credit of £115m and a £64m gain linked to restructuring costs - net of taxes - included in the headline profit figure, among other adjustments.That compares to the loss of approximately £137m - at current exchange rates - which it incurred last year. Anglo American is due to publish its results on February 14th. As of 14:21 shares of Anglo American were trading down by 0.28% at 1,432p.AB