0020 GMT - South32's FY 2025 underlying profit is 5% below consensus and its FY 2026 cost forecasts are higher than envisaged, a modest negative, says Citi analyst Paul McTaggart. "Unit cost guidance for FY26 shows modest cost inflation," he says. Underlying Ebitda and net cash are in line with expectations, McTaggart adds. Citi has a neutral rating and A$3.20 target on South32. The stock is down 2.1% at A$2.85. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)
(END) Dow Jones Newswires
August 27, 2025 20:20 ET (00:20 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.