Hochschild Mining PLC (LSE:HOC)
£ 2.365 -0.025 (-1.05%) Market Cap: 1.22 Bil Enterprise Value: 1.42 Bil PE Ratio: 45.09 PB Ratio: 2.67 GF Score: 65/100

Full Year 2021 Hochschild Mining PLC Earnings Call Transcript

Feb 23, 2022 / 09:30AM GMT
Release Date Price: £1.02 (-0.59%)
Ignacio Bustamante
Hochschild Mining plc - CEO & Director

Good morning. Thank you very much for joining us today on our 2021 full year results. I would also like to make a special welcome to Tracey Kerr, who is our newest Board member. So welcome, Tracey. Thank you for joining us today. Tracey comes with a significant experience in mining and particularly we believe she's going to be a great help on matters related to sustainability. So we're looking forward to continue working together. Thank you, Tracey. And I would also like to introduce Eduardo Noriega, who's our new CFO, and he's also going to be joining us during the presentation. Thank you, Eduardo. So we're very enthusiastic to present a very strong set of financial results and also an important delivery on our most important strategic initiatives. So 2021 was a very strong year for the company, as you can see here, coming out of a very complex 2020 when COVID hit us materially.

2021 was a very good year for the company and compared to 2020, we managed to increase our revenues by 30% to $811 million. Our EBITDA was up 41% to $383

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