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Glencore plc

Glencore, Giant in Raw Materials

 

Presentation of the Company


Glencore PLC (LSE: GLEN) is a leading Anglo-Swiss commodity trading, brokerage and extraction company based in Switzerland. It also provides financial and logistical engineering and other supply chain services for a wide range of commodity producers and consumers.

The company is regularly named in corruption and pollution cases and has become powerful and monopolistic enough to have become perhaps "one of the few mining companies able to set prices, rather than suffer them.

Glencore's (LSE: GLEN) main competitors are BHP Billiton and Rio Tinto.

Source : statista.com

Source : statista.com

 

History of Glencore

 

Glencore PLC (LSE: GLEN) was founded in 1974 by Marc Rich, a controversial Belgian businessman long wanted by the FBI. In 1981, the company made its first acquisition: a grain trading company. In 1990, Glencore bought shares in Xstrata, a Swiss mining company. This stake would serve the company well, and in 2013 it merged with Xstrata to become a commodities giant. Two years earlier, Glencore was listed on the London Stock Exchange (immediately entering the FTSE 100) and Hong Kong.

 

Source : statista.com

Source : statista.com

 

The Market

 

Glencore PLC's (LSE: GLEN) business is focused on commodities. This is a market that has been established for centuries and that had its golden age in the 20th century with the acceleration of industrial production and its expansion to five continents. The products are not available in any geographical area, but are sold all over the world.

It is a market where the supply is finite, but where the demand is very strong and growing. This is very good news for the good of the companies operating in this market, with an almost continuous increase in prices, but not so good news for the states that are worried about the environmental damage caused by this market.

 

Source : statista.com

Source : statista.com

 

Key Figures and Financial Ratios

 

Market capitalization: £63.53 billion1[2022]

Revenue: $203.761 billion2[2021]

Net income: $4.974 billion 3[2021]

Dividends paid: Twice a year 4

Earnings per share: $29.30 5[2021]

Price to earnings ratio: ≃16.17 6[2022]

Debt to equity ratio: 0.877[2022]

 

Source : statista.com

Source : statista.com

Graniteshares Offering Products

GLENCORE

Sources

1 https://finance.yahoo.com/quote/glen.l/
2https://finance.yahoo.com/quote/glen.l/
3 https://finance.yahoo.com/quote/glen.l/
4 https://fr.investing.com/equities/glencore-dividends
5 https://finance.yahoo.com/quote/glen.l/
6 https://finance.yahoo.com/quote/glen.l/
7 https://www.gurufocus.com/term/deb2equity/OTCPK:GLNCY/Debt-to-Equity/Glencore-PLC

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