Business
BHP’s Henry ticks off most items on his bucket list – Sydney Morning Herald
BHP’s first half earnings report delivers a cash bonanza for shareholders.
Increased volumes and flat costs represent increased reliability and productivity and another couple of ticks on the Henry scorecard, along with a clean sheet in terms of fatalities.
The bottom line for BHP was a 16 per cent increase in attributable profit, to $US6 billion, with 85 per cent, or $US5.1 billion, of that flowing to BHP shareholders through the increased dividend even as BHP reduced net debt from $US12.7 billion in the previous corresponding period to $US11.8 billion.
The result was…
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