Half Year 2021 BHP Group PLC Earnings Call (Q&A) - Session 1 Transcript

Feb 15, 2021 / 11:00PM GMT
Operator

Ladies and gentlemen, thank you for standing by, and welcome to the BHP half year financial results, investor and analyst Q&A session. I advise you that this conference is being recorded today. (Operator Instructions)

I'd now like to hand the conference over to Mike Henry, Chief Executive Officer, BHP Group.

Mike P. Henry - BHP Group - CEO & Executive Director

Thank you. Well, hello, everyone. Thank you for joining. I'm here with David Lamont, our new Chief Financial Officer. We're going to make some quick comments before we go to questions.

We had a strong first half operationally and financially, EBITDA up by 21% period-on-period to USD 15 billion, and EPS up by -- underlying EPS up by 16% to just over $1.19 per share. We had the second highest margin in 20 years at 59%, and the highest return on capital employed in the past 9 years at 24%. We have seen record production at Western Australian Iron Ore with full calendar year shipments of 290 million tonnes, record concentrator throughput at Escondida and the best production half at

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