- Glencore’s first-half own-source copper production was 343,900 tons, missing the estimate of 378,628 tons.
- Own-source cobalt production slightly exceeded expectations at 18,900 tons versus an estimate of 18,675 tons.
- Zinc production was higher than expected, achieving 465,200 tons compared to an estimate of 457,375 tons.
- Lead production fell short, with 90,900 tons against an estimate of 98,795 tons.
- Nickel production was below expectations, reporting 36,600 tons versus an estimate of 38,219 tons.
- Gold production reached 301,000 ounces, missing the forecasted 321,060 ounces.
- Silver production was at 9.10 million ounces.
- Ferrochrome production was significantly lower, with 433,000 tons compared to an estimate of 566,014 tons.
- Steelmaking coal output was 15.7 million tons, and energy coal output was 48.3 million tons.
- The company adjusted its 2025 production guidance to tighten ranges based on current and expected performance.
- Significant cost savings are anticipated in the second half of 2025 from recent initiatives, with further details to come in the Half-Year results on 6 August.
- Business reviews affirmed confidence in meeting the full-year production guidance, with refined ranges reflecting performance to date.
- The sale of Viterra in early July prompted the company to revise its long-term marketing Adjusted EBIT guidance up to $2.3 to $3.5 billion per annum, up from the previous $2.2 to $3.2 billion.
- Glencore’s mid-point marketing Adjusted EBIT guidance increased by 16%, from approximately $2.5 billion (excluding Viterra) to $2.9 billion.
- Analyst recommendations: 19 buy ratings, 2 holds, and no sell ratings reported.
Glencore Plc on Smartkarma
Analysts on Smartkarma, such as Dimitris Ioannidis, are closely monitoring Glencore Plc (GLEN LN) and its potential changes within the STOXX Europe50 index. Dimitris Ioannidis‘s recent report titled “Glencore (GLEN): Fast-Exit from STOXX Europe50 In May 2025” highlights that if Glencore ranks 75 or worse on 30 April, it will undergo a Fast-Exit on 7 May, with Rolls-Royce predicted to be the replacement stock. This could have implications for investors following Glencore’s performance closely.
Additionally, Ioannidis points out potential movers within the index in the future, with Banco Bilbao Vizcaya Argentaria (BBVA SM) and Mercedes-Benz Group (MBG GR) flagged as forecasted addition and deletion candidates at the September 2025 annual review. This insight provides valuable information for investors looking to understand the potential changes and impact on Glencore’s positioning within the STOXX Europe50 index.
A look at Glencore Plc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 2 | |
| Resilience | 2 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts examining the Smartkarma Smart Scores for Glencore Plc have identified a promising long-term outlook for the diversified natural resources company. With high scores in both Value and Dividend factors, Glencore seems to offer strong value to investors while also showing a commitment to rewarding them through dividends. However, the company has received lower scores in Growth, Resilience, and Momentum, indicating potential areas for improvement in the future.
Glencore Plc, a global player in Metals and Minerals, Energy Products, and Agricultural Products, continues to navigate the dynamic natural resources market. Its solid performance in value and dividend metrics suggests stability and attractiveness to investors. The lower scores in growth, resilience, and momentum indicate areas where the company may need to focus on enhancing its long-term prospects to capitalize on emerging opportunities.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
