Report

BHP Group Plc : H1 2021-22 results in line with our expectations. Management remains constructive on the outlook

>H1 2021-22 results overall in line with expectations - BHP Group Plc reported its H1 2021-22 results (FY ending in June), with underlying EBITDA of $ 18.5bn (i.e. 64% of sales) in line with our expectations (ODDO BHF: $ 18.3bn) and the consensus (Vuma: $ 18.3bn). This represents a +33% y-o-y increase ($ 14.7bn EBITDA in H1 2021), attributable notably to higher average realised prices for all major commodities (+$ 6.2bn) and favourable FX (+$ 0.6bn), which more than o...
Underlying
BHP Group Plc

BHP Billiton is a resources company. Co. extracts and processes minerals, oil and gas, primarily in Australia and the Americas. Co. operates four reportable segments: Petroleum, which is engaged in the exploration, development and production of oil and gas; Copper, which is engaged in the mining of copper, silver, lead, zinc, molybdenum, uranium and gold; Iron Ore, which is engaged in the mining of iron ore; and Coal, which is engaged in the mining of metallurgical coal and energy coal. Co.'s Petroleum unit comprises conventional and unconventional oil and gas assets, and includes exploration, development and production activities.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Other Reports on these Companies
Other Reports from Oddo BHF

ResearchPool Subscriptions

Get the most out of your insights

Get in touch