BHP FY net profit 7.9 bln usd, down 39%
Final div 0.74 usd/shr (Il Sole 24 Ore Radiocor) - Sydney, 27 Aug - The Australian miner BHP said that in the full year ended June 30 attributable profit fell 39% to 7.9 billion US dollars due to one-off charges.
The company booked a 2.7 billion dollar impairment of Western Australia Nickel and 3.8 billion charge related to the Samarco dam failure. The losses were partially offset by a 0.7 billion dollar gain on the disposal of the Blackwater and Daunia mines.
Underlying attributable profit was up 2% to 13.7 billion dollars.
Revenue rose 3% to 55.7 billion dollars.
Underlying EBITDA was up 4% to 29.0 billion dollars.
Free cash flow surged 111% to 11.9 billion dollars.
Net debt dropped to 9.1 billion dollars at the end of June.
The company declared a fully franked final dividend of 0.74 US dollars per share.
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(RADIOCOR) 27-08-24 08:11:14 (0119) 5 NNNN