Flash | 28 Jul 2026 02:08:08 ET │ 10 pages Kumba Iron Ore Ltd (KIOJ.J) 1H26 HEPS in line while dividend weaker vs CitiE/consensus; Guidance maintained CITI'S TAKE Kumba reported -40% y/y decline in 1H26 HEPS to ZAR13.2/sh (1H25: ZAR22.2), in line with the trading update (link) and CitiE. The decline was due to (i) stronger rand, (ii) marginally lower US$ realised fob iron ore prices and (iii) higher base (1H25 benefitted from once-off payment). Cash cost increased by +6% and came in towards the lower end of ...