Quarterly ResultJul 22, 2026, 06:07 AM
Southern Copper Q2 Net Sales $4.29B, Net Income $1.67B; Declares Dividend
AI Summary
Southern Copper Corporation announced record financial results for the second quarter ended June 30, 2026. Net sales surged 40.6% to $4.29 billion, while net income increased 71.6% to $1.67 billion, both new quarterly records. Adjusted EBITDA also reached a record $2.86 billion, up 59.5% year-over-year. The Board of Directors authorized a quarterly cash dividend of $1.10 per share and a stock dividend of 0.0120 shares per share, totaling an estimated $3.23 per share.
Key Highlights
- Q2 2026 net sales reached a record $4,289.0 million, up 40.6% from 2Q25.
- Q2 2026 net income hit a record $1,670.0 million, a 71.6% increase over 2Q25.
- Q2 2026 adjusted EBITDA was a record $2,856.0 million, up 59.5% from 2Q25.
- Q2 2026 income per share was $2.01, a 71.8% increase from $1.17 in 2Q25.
- Board authorized a quarterly cash dividend of $1.10 per share and a stock dividend of 0.0120 shares per share.
- Total estimated dividend, including stock value, amounts to $3.23 per share.
- Copper production decreased 3.5% quarter-on-quarter to 230,662 tonnes.
- Cash flow from operating activities in 6M26 increased 116.9% to $3,683.0 million.
Price Impact
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