Glencore Proves Resilient In A Tough Market
Glencore, hit or miss? According to VSA, Glencore’s latest set of results missed consensus as revenues dropped by five per cent to US$221.1 billion and earnings before interest, tax, depreciation and amortisation fell 2.3 per cent to US$12.77 billion. Of course, a lot depends on what exactly your idea of consensus is. VSA argued that…