BHP Pretax Result In Line; AUD 17 per Share Fair Value Estimate Maintained
BHP’s fiscal 2016 adjusted net profit after tax of USD 1.2 billion was weaker than expected due to a higher effective tax rate. The decline from USD 6.4 billion in fiscal 2015 reflected weaker commodity prices, which had a negative impact on EBITDA of USD 10.7 billion, with cost savings a partial offset. The adjusted pretax profit of USD 2.4 billion was in line with our forecast. Total full-year dividends of USD 0.30 per share fully franked were slightly weaker than our USD 0.36 per share foreca...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.