Half Year 2019 BHP Group PLC Earnings Presentation Transcript

Feb 19, 2019 / NTS GMT
Presentation
Feb 19, 2019 / NTS GMT

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Corporate Participants
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* Andrew Mackenzie
BHP Group - CEO & Executive Director
* Peter Beaven
BHP Group - CFO

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Andrew Mackenzie - BHP Group - CEO & Executive Director

Today, Peter Beaven and I are pleased to present our 2019 interim results. But before I begin, I'd like to briefly reflect on the tragic incident at Vale's Brumadinho iron ore operation in Brazil last month.

The collapse of the dam is a tragedy, and we offer our heartfelt sympathy to all those affected. At BHP, we're committed to learn from this. And as an industry, we must redouble our efforts to make sure events like this cannot happen. As always, please note the disclaimer and its importance. At BHP, our focus is clear: to maximize cash flow, maintain capital discipline and increase value and returns.

And our record shows that this is the right formula, the right formula for our shareholders. Because since 2016, we have strengthened our balance

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