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BlueScope Steel increased its profit 1.8 times and more than doubled its dividends

BlueScope Steel увеличила прибыль в 1,8 раза и более чем удвоила дивиденды
BlueScope Steel Ltd., one of Australia's largest steel companies, increased its profit 1.8 times in the first half of fiscal year 2026 (July-December) and more than doubled its dividends.

Underlying EBIT rose to $557.5 million ($395 million) from $308.8 million in the same period a year earlier.

Net profit more than doubled to $382 million. Visible Alpha respondents estimated the figure at $349 million

The company raised its interim dividend to $0.75 per share from $0.3 a year ago, and also announced a buyback of $310 million.

In the second financial half of the year, BlueScope plans to achieve a core EBIT in the range of $620-700 million.

The stock prices of BlueScope Steel decreased by 2.7% following the results of trading on Monday. Over the past three months, the metallurgist's market value has increased by more than



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