Trafigura Group reported a strong year for both its oil and metals divisions as the commodities trading giant boosted payouts to staff and profit remained resilient.
The company posted net income of $2.67 billion in the financial year through September, its first under new Chief Executive Officer Richard Holtum. While that’s down 3% from the previous year, it comes as headwinds in the oil market hit profitability at some rival trading houses.