BHP Group Ltd (LSE:BHP)
£ 20.58 -0.44 (-2.06%) Market Cap: 107.60 Bil Enterprise Value: 113.85 Bil PE Ratio: 17.80 PB Ratio: 3.23 GF Score: 61/100

Half Year 2024 BHP Group Ltd Earnings Call Transcript

Feb 19, 2024 / 09:30PM GMT
Release Date Price: £23.78 (-1.06%)
Mike P. Henry
BHP Group Limited - CEO & Executive Director

BHP delivered a strong set of financial and operational results for the past half. But before I talk about results, I must acknowledge the tragic loss of one of our coworkers, Luke O'Brien, at our BMA operations in Queensland in January. We are deeply saddened by this loss, and our thoughts are with Luke's family, his friends, teammates and the broader BMA team. We are redoubling our efforts to reinforce our culture and controls when it comes to safety.

In the last half, BHP has again delivered for our shareholders and communities with strong operational performance and disciplined cost management, enabling us to announce a dividend of USD 0.72 per share. We also paid USD 5 billion in taxes and royalties in the half.

Looking across our operations, our Western Australia Iron Ore business remains the lowest cost producer of iron ore in the world. Copper production increased by 7% with a record half at our Spence mine in Chile, higher production at Escondida also in Chile, and strong performance in South Australia.

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot