Anglo American posts record '07 earnings

 

Last updated 3/30/2008 at Noon



Anglo American plc, a 50-50 partner in the Pebble Project in Southwest Alaska, posted record earnings of $5.8 billion, or $4.40 a share, and $10.1 billion in operating profits in 2007. The results compared with $5.5 billion, or $3.73 a share, in earnings and $9.8 billion in operating profits a year earlier.

Total group revenue, however, decreased 7.7 percent in 2007, dipping to $35.7 billion fr...



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