Teck Reports Unaudited Annual and Fourth Quarter Results for 2020

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Teck Resources (TECK) Reports Q4 EPS of Cdn$0.47 on Revenues of Cdn$2.56B

February 18, 2021 8:29 AM EST

Teck Resources (NYSE: TECK) reported Q4 EPS of Cdn$0.47, versus Cdn$0.40 reported last year. Revenue for the quarter came in at Cdn$2.56 billion, versus Cdn$2.66 billion reported last year.

Highlights

Adjusted profit attributable to shareholders(1) (2) of $248 million or $0.47 per share in Q4 2020 and $561 million or $1.05 per share for the year.Adjusted EBITDA(1) (2) of $839 million in Q4 2020 and $2.6 billion for the year.The QB2 project met our target of 40% overall completion at the end of 2020, with our on-site workforce ramped back up to pre-COVID-19 construction levels.Our... More