Glencore PLC
GLEN: XLON (GBR)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|sT | LOCK|X< | LOCK|N&^$%N$ |
Glencore Earnings: Weaker on Lower Coal Prices, Copper Volumes and Marketing Result
Glencore reported 14% lower 2025 first-half adjusted EBITDA from a year ago due to lower coal prices and copper volumes, and subdued energy markets affecting marketing. Industrials volume guidance was tightened, and long-term marketing EBIT guidance was raised despite selling its Viterra stake.
