Home / Business and Economy / Fresnillo Profits Soar on Record Precious Metal Prices
Fresnillo Profits Soar on Record Precious Metal Prices
3 Mar
Summary
- Pretax profit surged to $2.08 billion, up from $743.9 million.
- Average silver prices increased over 50%, gold prices rose 44%.
- Highest dividend since listing, totaling $950 million.
Fresnillo reported a significant surge in pretax profit for 2025, reaching $2.08 billion, a substantial increase from $743.9 million in the previous year. This remarkable financial performance was primarily fueled by record high prices for precious metals.
The company's average silver price saw an increase of over 50%, while gold prices climbed by 44%. These higher prices directly contributed to a 30.5% rise in revenue, which reached $4.56 billion.
Earnings before interest, taxes, depreciation, and amortization (EBITDA) also experienced robust growth, increasing by more than 80% to $2.8 billion. Reflecting its strong profitability, Fresnillo announced its highest dividend payment since its 2008 listing, distributing $950 million, or 128.92 cents per share, to its shareholders.
