Universal Coal Plc provided earnings guidance for the second quarter and half year ended June 2015. The company expects for the current quarterly reporting period is expected to be in excess of 50% higher than for the previous quarter. The expected EBITDA increase is the result of achieving optimal run of mine production post the completion of the ramp up period, higher demand and sales volumes to the company's main customer and improved coal distribution efficiencies since taking management control of logistics in December 2014.

The company continues to go from strength to strength, as strong operational performance at Kangala delivers excellent cash flow, with Group EBITDA for the half year ending June 2015 expected to be in excess of $13 million.