BHP Group Ltd 

BHP Group Ltd (LSE: BHP) is an FTSE-listed Australia-based resources company. The Company is a producer of commodities, including iron ore, copper, nickel, potash and metallurgical (steelmaking) coal. It is focused on offering a range of resources, which provides copper for renewable energy; nickel for electric vehicles; potash for sustainable farming, and iron ore and metallurgical coal for the steel needed for global infrastructure and the energy transition. Its segments include Copper, Iron Ore, and Coal..

H1 FY25 Results (Released on 18 February 2025)

1. Revenue and Profitability – Revenue declined 8% to US$25.2 billion, mainly due to lower realized prices for iron ore and steelmaking coal, while attributable profit surged 376% to US$4.4 billion, driven by operational efficiencies and cost control.

2. Strong Copper Performance – Copper production increased 10% to 987 kt, with Escondida contributing a 22% rise, and copper’s share of underlying EBITDA grew to 39%, reflecting higher volumes and favorable pricing.

3. Cost Efficiency and Margins – Unit costs improved across key assets, with WAIO maintaining its position as the lowest-cost major iron ore producer globally, and gross margins remained strong at 51.1%, supported by disciplined cost control.

4. Capital and Growth Investments – Capital and exploration expenditure increased 10% to US$5.2 billion, with US$3.2 billion allocated to potash and copper, and the company successfully completed the formation of Vicuña Corp, a 50/50 joint venture with Lundin Mining.

5. Cash Flow and Shareholder Returns – Net operating cash flow stood at US$8.3 billion, a 6% decline, due to lower realized prices, while an interim dividend of US$0.50 per share, totaling US$2.5 billion, was declared with a 50% payout ratio.

6. Economic and Market Outlook – The economic outlook remains positive with China’s demand recovery, a resilient US economy, and strong growth in India, positioning BHP well to capitalize on long-term trends in energy transition, infrastructure, and urbanization

Share Price Chart

Markets are trading in a highly volatile zone currently due to certain macroeconomic issues and geopolitical tensions prevailing. Therefore, it is prudent to follow a cautious approach while investing.

BHP Group Ltd (LSE: BHP) was trading at the current market price of GBX 2,071.00 (as of 21 February 2025, 09:55 AM GMT) 

Note 1: Past performance is not a reliable indicator of future performance.

Note 2: The reference date for all price data, currency, technical indicators, support, and resistance level is 21 February 2025. The reference data in this report has been partly sourced from REFINITIV.

Note 3: ‘Kalkine reports are prepared based on the stock prices captured either from the London Stock Exchange (LSE) and or REFINITIV. Typically, both sources (LSE and or REFINITIV) may reflect stock prices with a delay which could be a lag of 15-20 minutes. There can be no assurance that future results or events will be consistent with the information provided in the report. The information is subject to change without any prior notice.

Note 4: Dividend Yield may vary as per the stock price movement.