)
Edge20 Feb 2026
Dollar General: The Rural Retailer Playbook
How Dollar General built a small-box empire across rural America, scaling value and convenience into one of retail's most durable business models.
Anglo American
Anglo American (AAL) investor relations material
Anglo American H2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H2 2025 earnings summary20 Feb, 2026
Executive summary
Achieved transformational progress in 2025, including major portfolio changes, operational excellence, and the announcement of a merger with Teck to form Anglo Teck, unlocking ~$800m annual synergies and focusing on copper and premium iron ore.
Completed the demerger of PGMs (Valterra), full sell-down of the residual stake, and advanced the exit from De Beers, steelmaking coal, and nickel, generating up to $3bn in proceeds.
Paid or planned ~$4.5bn special dividend to shareholders around merger completion.
Safety performance improved with record-low injury frequency rates, though two workplace fatalities occurred.
Financial highlights
Simplified business (copper and premium iron ore) delivered $6.9bn EBITDA (44% margin), underlying earnings of $1.6bn, and a 17% return on capital employed.
Underlying EPS was $0.54, with a full-year dividend of $0.23 per share; net debt reduced to $8.6bn, with net debt/EBITDA at 1.3x.
CapEx for continuing operations decreased 16% to $3.3bn, below guidance, with a $0.6bn reduction in 2025 and a declining profile through 2028.
Realised $0.6bn gross cost savings in 2025, achieving a $1.8bn run rate.
Strong cash conversion at 107% (continuing basis), up 9pp from 2024, and liquidity at $12.4bn.
Outlook and guidance
2026 copper production guidance: 700–760kt; premium iron ore: 55–59Mt.
Copper unit cost expected to rise to $1.72/lb in 2026; premium iron ore unit cost to be ~$41/ton.
Group underlying effective tax rate for 2026 expected at 44%-48%; long-term guidance for the simplified portfolio remains 38%-42%.
CapEx for the next three years for the simplified portfolio expected at $2.6bn–$3.1bn per year, trending lower through 2028.
De Beers CapEx expected at ~$500m in 2026.
Anglo Teck: China/Korea approval process update
De Beers divestment: expected deal structure
Copper growth: capital intensity strategy
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Anglo American earnings date
H1 202630 Jul, 2026
Anglo American
Next Anglo American earnings date
H1 202630 Jul, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Anglo American plc is a multinational mining company engaged in the exploration and extraction of commodities including diamonds, copper, platinum group metals, and iron ore. It operates mining operations in Africa, South America, and Australia. The company is headquartered in London, United Kingdom, and its shares are listed on the LSE.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage