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Rio Tinto (RIO AT/ RIO LN) FY (USD): Revenue 57.6bln (exp. 57.0bln). Adj. net 10.9bln (exp. 10.8bln). Underlying EBITDA 25.4bln (exp. 24.7bln). Net 9.97bln (-14% Y/Y)

Rio Tinto's FY results surpassed expectations on both revenue and adjusted net profit, indicating strong operational performance.

Newsquawk StaffPublished On the live feed at , 20 minutes before this page
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Rio Tinto (RIO AT/ RIO LN) FY (USD): Revenue 57.6bln (exp. 57.0bln). Adj. net 10.9bln (exp. 10.8bln). Underlying EBITDA 25.4bln (exp. 24.7bln). Net 9.97bln (-14% Y/Y)

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However, the net income marked a significant year-on-year decline, which could raise concerns about margins and future guidance. Overall, these mixed results will likely have implications for sector sentiment, influencing metals prices and equity performance in the diversified mining space.

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