Feb 11 (Reuters) - Peabody Energy Corp BTU.N :
- Announces results for the year ended December 31, 2015
- Amid difficult market conditions, additional aggressive steps underway to
improve the business, preserve liquidity and reduce debt
- Qtrly revenues $1.31 billion versus $1.69 billion
- Says lowered 2016 u.s. sales guidance by 18 to 28 million tons below 2015
levels
- Qtrly adjusted loss per share $9.27
- Sees FY U.S. sales volumes 150 million - 160 million
- Qtrly loss per share attributable to common stockholders $28.43
- Qtrly loss per share from continuing operations $29.55
- Sees 2016 Australia sales volumes 34 million - 36mln tons
- Sees 2016 total sales volumes 195 million - 210 million tons
- Sees 2016 capital expenditures $120 - $140 million
- Sees 2016 U.S. revenues per ton $19.65 - $19.95
- Sees 2016 U.S. costs per ton $14.70 - $15.00
- Sees 2016 Australia costs per ton $45 - $48
- Sold 57.9 million tons in Q4 versus 64.3 million tons last year
- In Australia, lowering targeted metallurgical coal production levels in 2016
to reflect operational changes made in 2015
- In discussions with debt holders to evaluate financial alternatives,
including potential debt exchanges, debt buybacks, new financing
- Says existing currency and fuel hedges decline in 2016 and expire by the end
of 2017
- Q4 earnings per share view $-8.68, revenue view $1.36 billion -- Thomson
Reuters I/B/E/S
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