Anglo American boss digs deep again – MoneyWeek

AngloAmericanannouncedearlierthismonththatitismergingitsUKcement,aggregatesandready-mixedconcretebusinessTarmacwithFrenchgiantLafargesUKoperationsina50:50jointventure。

Thecombinedsalesofthetwobusinessesin2010were£1。

8bnandearningsbeforeinterest,tax,depreciationandamortisation(EBITDA)was£210m。

AngloAmericanalmostdoubledprofitsin2010thankstosurgingmetalsprices。

Underlyingearningsjumpedto$4。

98bnlastyearfrom$2。

57bnin2009onrevenueup34%to$32。

93bn。

Profitbeforetaxrose171%to$10。

93bnandunderlyingearningspershareof$4。

13wasbetterthanexpected。

TopDirectorBuys

AngloAmerican(AAL)

Directorname:SirJohnParker

Amountpurchased:2,890@3,282。

50p

Value:£94,864

AvantiCommunicationsGroup(AVN)

Directorname:MrDAlanFoster

Amountpurchased:10,610@500。

00p

Value:£53,050

RPCGroup(RPC)

Directorname:MrJamiePike

Amountpurchased:20,244@253。

75p

Value:£51,369

Craneware(CRW)

Directorname:MrKeithNeilson

Amountpurchased:8,430@588。

00p

Value:£49,568

AngloPacificGroup(APF)

Directorname:MrChrisOrchard

Amountpurchased:5,000@322。

64p

Value:£16,132

Eckoh(ECK)

Directorname:MrNicolasBPhilpot

Amountpurchased:150,000@6。

75p

Value:£10,125

TopDirectorSells

Carnival(CCL)

Directorname:MrHowardSFrank

Amountsold:180,000@2,643。

25p

Value:£4,757,850

HarmonyGoldMiningCoLtd。

(HRM)

Directorname:MrHarryE。

Mashego

Amountsold:14,252@R82。

69

Value:R1,178,498

FiltronaPLC(FLTR)

Directorname:MrMarkHarper

Amountsold:190,376@295。

49p

Value:£562,542

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