Quarterly ResultJul 31, 2026, 03:11 PM
Southern Copper Q2 Net Sales $4.29B, Net Income $1.67B, EPS $2.01
AI Summary
Southern Copper reported strong second-quarter 2026 results with net sales increasing to $4.29 billion and net income attributable to SCC rising to $1.67 billion, or $2.01 per share. For the first six months of 2026, net sales reached $8.54 billion and net income was $3.25 billion, or $3.93 per share. The company also issued $1.25 billion in senior unsecured notes due 2036 with a 5.350% interest rate, receiving Baa1, BBB+, and BBB+ ratings from Moody's, Fitch, and S&P respectively.
Key Highlights
- Q2 2026 Net Sales: $4.29 billion, up from $3.05 billion in Q2 2025.
- Q2 2026 Net Income attributable to SCC: $1.67 billion, up from $973.4 million.
- Q2 2026 EPS attributable to SCC: $2.01, up from $1.17.
- Six-month 2026 Net Sales: $8.54 billion, up from $6.17 billion in 2025.
- Six-month 2026 Net Income attributable to SCC: $3.25 billion, up from $1.92 billion.
- Issued $1.25 billion in 5.350% senior unsecured notes due 2036.
- Cash and cash equivalents: $5.67 billion as of June 30, 2026.
- Net cash provided by operating activities (six months): $3.68 billion.
Price Impact
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