Implats says strong rand to hit bottom line

IMPALA Platinum has warned that its headline earnings for the half-year ending December 31 are expected to be substantially lower than the previous year, largely due to the appreciation of the rand against the US dollar and lower palladium and rhodium prices.

Implats says strong rand to hit bottom line Implats says strong rand to hit bottom line Implats says strong rand to hit bottom line Implats says strong rand to hit bottom line Implats says strong rand to hit bottom line

The company released a warning to the Johannesburg Stock Exchange prior to the expected release of the full results for the period on February 12 next year.

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