Why did Sibanye Stillwater (NYSE:SBSW) report record H1 2026 results?

Sibanye Stillwater (NYSE:SBSW) reported record H1 2026 results due to higher revenue, stronger commodity prices, and stable operational performance.

What are the financial results for Sibanye Stillwater (NYSE:SBSW) H1 2026?

Sibanye Stillwater (NYSE:SBSW) reported R90 billion in revenue, R31.8 billion in adjusted EBITDA, and R18.8 billion in profit for H1 2026.

How is debt changing at Sibanye Stillwater (NYSE:SBSW)?

Sibanye Stillwater (NYSE:SBSW) reduced gross debt by 20% year over year to R32.1 billion and improved its net debt to adjusted EBITDA ratio to 0.18x.

What does the Sibanye Stillwater (NYSE:SBSW) dividend mean for shareholders?

Sibanye Stillwater (NYSE:SBSW) declared a R5.7 billion interim dividend, equal to 201 South African cents per share or 49.73 US cents per ADR.

Mining

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Sibanye Stillwater reports higher revenue of R90 billion

Written by Heidi Cuthbert Published Sep 1, 2026, 2:50 PM

Sibanye Stillwater reported H1 2026 revenue of R90 billion, up 64% year over year.
Adjusted EBITDA increased 111% to R31.8 billion.
The company declared a R5.7 billion interim dividend after reducing debt.

Sibanye Stillwater (NYSE:SBSW) reported record first-half 2026 revenue of R90 billion (US$5.5 billion), up 64% year over year, with adjusted EBITDA rising to R31.8 billion.

The company’s financial improvement was supported by stable operational performance and stronger commodity prices, with profit reaching R18.8 billion compared with the prior-year period.

Sibanye Stillwater generated R19.6 billion in net cash from operating activities, reduced gross debt by 20% year over year to R32.1 billion, and declared an interim dividend of R5.7 billion.

The company reported strong operating margins across its South African portfolio.

Sibanye Stillwater operates mining and processing assets focused on platinum group metals, gold, lithium, and other mineral resources.

The company is advancing growth projects including Burnstone gold, Mt Lyell copper, South African PGM brownfield projects, and the Keliber lithium operation.