Nation's biggest steelmaker rolls out big profit lift
BlueScope's interim net profit rose 118% to $391 million, with plans to return 75% of free cash flow to shareholders and distribute $3 per share in 2026.
7 Articles
7 Articles
Australia’s BlueScope beats 1H profit estimates, sees stronger second-half run - Regional Media News
Feb 16 (Reuters) - Australian takeover target BlueScope Steel on Monday forecast higher second-half earnings and reported first-half profit above estimates, helped by stronger U.S. spreads, higher volumes across key markets, and good cost control. The steelmaker, which had rejected a A$13.2 billion ($9.32 billion) buyout bid from SGH and U.S.-based Steel Dynamics earlier this year, expects second-half underlying earnings before interest and taxe…
BlueScope Steel books strong 1H FY26 profit and dividend surge
The BlueScope Steel Ltd (ASX: BSL) share price was in focus on Thursday after the company posted a 4% lift in sales revenue to $8,224 million and a 118% jump in reported net profit after tax (NPAT) to $390.8 million for the six months ended 31 December 2025. What did BlueScope Steel report? Sales revenue rose 4% to $8,224 million (1H FY2025: $7,914 million), mainly driven by higher benchmark prices and volumes in the US. Reported NPAT increased…
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