BHP Group FY24 Earnings & Revenues Improve Y/Y on Higher Prices

BHP Group (BHP) reported a 2% year-over-year increase in underlying attributable profit from continuing operations at $13.7 billion for fiscal 2024 (ended June 30, 2024). The growth was attributed to higher prices and sales volumes in BHP's iron ore and copper operations, productivity initiatives, cost discipline and favorable raw material costs. This offset the impact of lower energy coal and nickel prices and higher labor costs on profits. BHP's underlying earnings per share were$2.70 compared with $2.65 ...