DRDGOLD Ltd. Issues FY2024 Trading Update

TL;DR

DRDGOLD dropped its FY24 trading update, check the numbers for yourself.

AI Summary

DRDGOLD Limited released a voluntary trading statement and update for the year ended June 30, 2024, on August 14, 2024. The report covers the company's performance and operational highlights for the fiscal year. Specific financial figures and operational metrics for the period are detailed within the filing.

Why It Matters

This update provides investors with key operational and financial information for DRDGOLD Limited's fiscal year, allowing for an assessment of the company's performance and outlook.

Risk Assessment

Risk Level: low — This filing is a routine trading update and does not contain significant new risks or material adverse information.

Key Players & Entities

• DRDGOLD Limited (company) — Filer of the report
• August 14, 2024 (date) — Date of the release and filing
• June 30, 2024 (date) — End of the reporting period

FAQ

Filing Documents

• tradingstatementq4_2024.htm (6-K) — 32KB
• 0001023512-24-000025.txt ( ) — 33KB

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. DRDGOLD LIMITED Date August 14 , 2024 By s Riaan Davel Name Riaan Davel Title Chief Financial Officer Exhibit 99.1 DRDGOLD LIMITED (Incorporated in the Republic of South Africa) (Registration number 189500092606) ISIN ZAE000058723 JSE A2X share code DRD NYSE trading symbol DRD (" DRDGOLD " or the " Company " or the " Group ") VOLUNTARY TRADING STATEMENT AND TRADING UPDATE FOR THE YEAR ENDED 30 JUNE 2024 DRDGOLD is in the process of finalising its results for the year ended 30 June 2024 (" Current Reporting Period ") and shareholders are accordingly advised that the Company has reasonable certainty that for the Current Reporting Period it will report earnings per share (" EPS ") of between 146.6 cents and 161.5 cents compared to EPS of 149.1 cents for the year ended 30 June 2023 (" Previous Corresponding Period "), being a change of between (2%) and 8% and headline earnings per share (" HEPS ") of between 146.6 cents and 161.4 cents compared to HEPS of 148.2 cents for the Previous Corresponding Period, being a change of between (1%) and 9%. The expected change in EPS and HEPS, respectively, for the Current Reporting Period compared to the Previous Corresponding Period, are primarily due to movements in, inter alia , the following items 1. Revenue Group revenue increased by R743.4 million, or 14%, to R6,239.7 million (2023 R5,496.3 million). Ergo Mining Proprietary Limited's (" Ergo ") revenue increased by R416.3 million to R4,524.9 million (2023 R4,108.6 million), mainly due to a 20% increase in the Rand gold price received. Gold sold decreased by 8% from 3,936kg in the Previous Corresponding Period to 3,625kg as a result of a decrease in throughput tonnages from 17.3Mt in 2023 to 16.1Mt, mostly due to the reduction in tonnage throughput which

View Full Filing

View this 6-K filing on SEC EDGAR