Report

BHP Group Plc : Stronger-than-expected FY 2020-21 results, end of dual listing, Jansen approval and exit from Petroleum

>FY 2020-21 underlying EBITDA better than expected - BHP Group Plc has published its FY 2020-21 results (FY ending in June), reporting an underlying EBITDA of $ 37.4bn, i.e. above our expectations (ODDO BHF: $ 35.5bn) and the consensus (Vuma: $ 35.2bn). This compares with $ 22.1bn in FY 2019-20. By division, iron ore posted an EBITDA of $ 26.3bn (ODDO BHF: $ 25.6bn ; FY 2019-20: $ 14.5bn) while the copper division posted an EBITDA of $ 8.5bn (ODDO BHF: $ 8.6bn ; FY 20...
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.

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