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Financial Results for the Year Ended 30 June 2025
South32 Limited
(Incorporated in Australia under the Corporations Act 2001)
(ACN 093 732 597)
ASX / LSE / JSE Share Code: S32 ADR: SOUHY
ISIN: AU000000S320
south32.net
FINANCIAL RESULTS FOR THE YEAR ENDED 30 JUNE 2025
Short Form Announcement
South32 Limited (ASX, LSE, JSE: S32; ADR: SOUHY) (South32) announces its financial results for the year ended 30
June 2025.
This statement includes the consolidated results of the South32 Group for the year ended
30 June 2025 compared with the year ended 30 June 2024.
Key Financials Year ended
Year ended 30 June 2024
US$M 30 June 2025 Restated(1) Change (%)
Revenue from continuing operations 5,780 4,923 17
Ordinary dividend per share (US cents) 6.0 3.5 71
Special dividend per share (US cents) - - -
(1) Refer to note 30 Assets and liabilities held for sale and discontinued operations of South32's Annual Report for the year ended 30 June 2025.
In accordance with the JSE Listing Requirements, Headline Earnings is presented below.
US$M FY25 FY24
Profit/(loss) attributable to ordinary equity holders of South32 Limited 213 (203)
Adjusted for
(Gains)/losses from disposal and write-off of property, plant and equipment and
intangibles (82) 12
Impairment losses/(reversals) of non-financial assets 464 604
Loss on disposal of a discontinued operation 47 -
(Gains)/losses from the disposal or write-off of property, plant and equipment and
intangibles, and related compensation received, net of tax, included in the share of
profit/(loss) of equity accounted investments (80) 11
Total tax expense/(benefit) on the above items (2) (130)
Headline Earnings 560 294
Diluted Headline Earnings 560 294
Earnings per share denominator (millions) 4,510 4,519
Diluted earnings per share denominator (millions) 4,524 4,519
Headline Earnings per share
Headline Earnings per share (US cents) 12.4 6.5
Diluted Headline Earnings per share (US cents) 12.4 6.5
2025 Final Dividend
The Board has resolved to pay a final dividend of US 2.6 cents per share (fully franked) for the year ended 30 June
2025.
The record date for determining entitlements to dividends is 19 September 2025; payment date is 16 October 2025.
Dividends announced Dividend per share (US
Period cents) US$M Franking Pay-out ratio
H1 FY23 4.9 224 100% 40%
H2 FY23 3.2 145 100% 41%
H1 FY24 0.4 18 100% 45%
H2 FY24 3.1 140 100% 41%
H1 FY25 3.4 154 100% 41%
H2 FY25 2.6 117 100% 40%
South32 Limited shareholders registered on the South African branch register will not be able to dematerialise or
rematerialise their shareholdings between Wednesday, 17 September 2025 and Friday, 19 September 2025 (both
dates inclusive), nor will transfers to/from the South African branch register be permitted between Friday, 12
September 2025 and Friday, 19 September 2025 (both dates inclusive).
Details of the current exchange rates applicable for the dividend will be announced to the relevant stock exchanges.
Further dividend information is available on our website (www.south32.net).
South32 American Depositary Receipts (ADRs) each represent five fully paid ordinary shares in South32 and ADR
holders will receive dividends accordingly, subject to the terms of the Depositary Agreement.
Dividends timetable Date
Announce currency conversion into South African rand by 11h00 15 September 2025
Last day to trade cum dividend on the Johannesburg Stock Exchange (JSE) 16 September 2025
Ex-dividend date on the JSE 17 September 2025
Ex-dividend date on the Australian Stock Exchange (ASX) and London Stock Exchange
(LSE) 18 September 2025
Record date (including currency election date for ASX) 19 September 2025
Payment date 16 October 2025
Short Form Announcement
This short form announcement is the responsibility of the directors and represents a summary of the information in
the full announcement and does not contain full or complete details. Any investment decision by investors and/or
shareholders should be based on consideration of the full announcement.
The full announcement has been released on the JSE at:
https://senspdf.jse.co.za/documents/2025/jse/isse/s32/FY25.pdf. It is also accessible on the Company's website at
www.south32.net. Copies of the full announcement may be requested, at no charge, by contacting Investor Relations
at InvestorRelations@south32.net.
About us
South32 is a globally diversified mining and metals company. Our purpose is to make a difference by developing
natural resources, improving people's lives now and for generations to come. We are trusted by our owners and
partners to realise the potential of their resources. We produce minerals and metals critical to the world's energy
transition from operations across the Americas, Australia and Southern Africa and we are discovering and responsibly
developing our next generation of mines. We aspire to leave a positive legacy and build meaningful relationships with
our partners and communities to create brighter futures together.
Investor Relations Media Relations
Ben Baker Jamie Macdonald
T +61 8 9324 9363 T +61 8 9324 9000
M +61 403 763 086 M +61 408 925 140
E Ben.Baker@south32.net E Jamie.Macdonald@south32.net
Further information on South32 can be found at www.south32.net.
Approved for release by Graham Kerr, Chief Executive Officer
JSE Sponsor: The Standard Bank of South Africa Limited
28 August 2025
Date: 28-08-2025 07:24:00
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