Franco-Nevada (FNV) Tops Q4 EPS by 2c
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Franco-Nevada Reports Strong Year-End 2015 Results and Provides Outlook
March 10, 2016 4:15 PM ESTTORONTO, March 10, 2016 /PRNewswire/ - Franco-Nevada Corporation (TSX: FNV; NYSE: FNV) is pleased to report its results for the fourth quarter and year end December 31, 2015.
Q4 2015 Highlights
Record 106,312 Gold Equivalent Ounces1 ("GEOs"), an increase of 14.6% over Q4 2014; $121.3 million in revenue (Q4 2014 - $123.0 million); Adjusted EBITDA2 of $95.8 million, or $0.61 per share (Q4 2014 - $96.2 million, or $0.62 per share); Adjusted Net Income3 of $23.7 million, or $0.15 per share (Q4 2014 - $31.6 million or $0.20 per share); Non-cash impairment charges of $62.8 million, predominantly related to oil interests; and Net Loss of $31.4 million, or $0.20... More