Full Year 2022 Glencore PLC Earnings Call Transcript
Good morning and welcome. Thank you for joining us for the presentation of our 2022 financial results.
I'm joined here today by Gary Nagle, CEO; Steven Kalmin, CFO; and Peter Freyberg, our Head of Assets, so I'll hand it over to Gary.
Thanks, Martin. Good morning. Welcome, to those here in person and all those online. Welcome. Thanks for joining us for our 2022 results presentation.
So taking a look at our scorecard for the year; our financial scorecard, as a start. It's been a record year for Glencore. Our adjusted EBITDA for the year is a little over $34 billion, broken down between our industrial assets and our marketing business: on the industrial side, an adjusted EBITDA of $27.3 billion; and on the EBIT side, a record again, for our marketing business, a $6.4 billion EBIT result for the year, really a phenomenal year on the marketing side, double the top end of our range. Equity free cash flow of $24 billion. And we finished the
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