Logotype for New Hope Corporation Limited

New Hope (NHC) AGM 2024 summary

Event summary combining transcript, slides, and related documents.

Logotype for New Hope Corporation Limited

AGM 2024 summary

13 Jun, 2025

Opening remarks and agenda

  • AGM held on 21 November 2024 at Muswellbrook RSL Club, chaired by Robert Millner AO.

Financial performance review

  • NPAT of $476M, a 56% decrease from prior year.

  • Underlying EBITDA at $860M, down 51%.

  • Cash flow from operations at $562M, a 63% decrease.

  • Saleable coal production increased 26% to 9.1Mt; ROM coal production up 32% to 12.3Mt.

  • Realised price per tonne fell 43% to $195; underlying margin dropped 62% to $89/t.

Board and executive committee updates

  • Director re-elections: Ian Williams and Tom Millner; Brent Smith elected to fill a casual vacancy in July 2024.

  • Board includes expertise in legal, risk, sustainability, capital management, and mining sectors.

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