Petra Diamonds Ltd 2022 AR2
The report highlights Petra Diamonds' performance for the fiscal year ending June 30, 2022, during which the company achieved record revenue of US$585.2 million, up 44%, and doubled its adjusted EBITDA to US$264.9 million. Petra significantly strengthened its balance sheet, reducing consolidated net debt by 82% to US$40.6 million and launching a successful tender offer to reduce gross debt. Operationally, the company improved its safety performance with a 50% reduction in the Lost Time Injury Frequency Rate (LTIFR) to 0.22. Additionally, Petra introduced a new Group-wide Sustainability Framework and committed to a net-zero target for Scope 1 and 2 emissions by 2050, with an aspiration to reach it by 2040.
Company: Petra Diamonds Ltd
Sector: Mining & quarrying
Country: United Kingdom
Year: 2022
Type: AR2
Pages: 224
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Petra Diamonds Ltd
Annual Report And Accounts
The report highlights Petra Diamonds' performance for the fiscal year ending June 30, 2022, during which the company achieved record revenue of US$585.2 million, up 44%, and doubled its adjusted EBITDA to US$264.9 million. Petra significantly strengthened its balance sheet, reducing consolidated net debt by 82% to US$40.6 million and launching a successful tender offer to reduce gross debt. Operationally, the company improved its safety performance with a 50% reduction in the Lost Time Injury Frequency Rate (LTIFR) to 0.22. Additionally, Petra introduced a new Group-wide Sustainability Framework and committed to a net-zero target for Scope 1 and 2 emissions by 2050, with an aspiration to reach it by 2040.
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Document Details
Report Year
2022
Reporting Period
Jul 1, 2021 - Jun 30, 2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees