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China pivot pays off in spades for Ferrexpo

Strong production and a pivot towards China pushed full-year earnings at LSE-listed Ferrexpo 46% higher year-on-year as it unveiled a bumper special interim dividend on Wednesday.

 China pivot pays off in spades for Ferrexpo  China pivot pays off in spades for Ferrexpo  China pivot pays off in spades for Ferrexpo  China pivot pays off in spades for Ferrexpo  China pivot pays off in spades for Ferrexpo

Ferrexpo unveiled a bumper dividend for 2020 following an uplift in performance

A special dividend of US39.6c brought total dividends paid out 2020 to 72.6c - versus 19.8c paid in 2019.