Vedanta Resources Plc London Value Stock - Dividend - Research Selection
Vedanta resources plc london
ISIN: GB0033277061 , WKN: A0BKZ0
Market price:
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Description of the company
Vedanta is a globally diversified natural resources company with low-cost operations. We empower our people to drive excellence and innovation to create value for our stakeholders. We demonstrate world-class standards of governance, safety, sustainability and social responsibility.
We invest in best-in-class assets to ensure we operate as efficiently and safely as possible both at our current operations and in our expansion projects.
OUR RESOURCES AND RELATIONSHIPS RESOURCES
These are the key inputs we require in order to operate and create sustainable value, building on our proven track record.
FINANCIAL
We have a robust financial profile due to our focus on cost optimisation, generating strong free cash flow and strengthening our balance sheet. Our free cash flow in 2017 was US$1.5 billion and the bond offering in January 2017 has enabled us to proactively extend our maturities. The disciplined ramp up of production since listing has underpinned our strong financial position.
HUMAN
We have approximately 70,000 employees (direct and indirect), of which over 8,000 are skilled professionals, including engineers, geologists and technicians. We believe in developing people and address this by offering training to develop our talent pipeline. By creating a culture based on our values which both engages and empowers, we enable our employees to realise their potential while meeting our business goals.
INTELLECTUAL
Our culture of innovation encourages our employees to come up with innovative ideas to be implemented across our operations and which are rewarded through our awards mechanism. ‘Eureka’, our web-based platform to nurture and incubate in-house innovation and technology, provides opportunities for our talented young professionals to generate innovative ideas.