Franco-Nevada (FNV) Tops Q2 EPS by 69c
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Franco-Nevada Reports Record Q2 and H1 Results
August 11, 2021 5:00 PM EDT2021 Guidance Increased
(in U.S. dollars unless otherwise noted)
TORONTO, Aug. 11, 2021 /PRNewswire/ - "Franco-Nevada is on track to achieve record results in 2021, thanks to both organic growth and the acquisitions completed in the first half of the year. The diversified portfolio performed well in the second quarter and, with the first Vale Royalty Debenture contribution, delivered record GEOs, revenue, Adjusted EBITDA and Adjusted Net Income", stated Paul Brink, President & CEO. "Franco-Nevada generated Adjusted EBITDA of $290.0 million in the quarter, has no debt and has $197.7 million in cash and cash equivalents. Our revenue-based... More
