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Polyus reports in line earnings in March quarter

Polyus reported earnings for the March quarter that were in line with consensus estimates, while the company reiterated its capex guidance for the year despite a 53% quarter-on-quarter drop in spending in Q1.

Polyus reports in line earnings in March quarter Polyus reports in line earnings in March quarter Polyus reports in line earnings in March quarter Polyus reports in line earnings in March quarter Polyus reports in line earnings in March quarter

Polyus' Sukhoi Log project located in the Irkutsk region of Eastern Siberia, Russia

Adjusted EBITDA was down 35% on lower sales (as previously reported here) to $739 million, slightly above consensus of $729 million.

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